Hotel
£650,000
Maidstone, Kent
SUBSTANTIAL TOWN CENTER DEVELOPMENT OPPORTUNITY - FOR SALE
3-5 Brewer Street was most recently occupied by JAG Dance Academy however, has since had planning approval for partial demolition and redevelop the site as a Spa Hotel under Maidstone Borough Council planning reference number 16/501604/FULL.
Plans have also more recently been approved under MBC planning ref 23/503492/FULL for a new wine bar and restaurant.
The demolition works have been completed and strip-out works commenced but now put on hold. The site is therefore offered in readiness to complete the works or submit a fresh application for alternative uses.
The existing 3 storey red brick building fronting Brewer Street has ground floor reception space with first and second floor maisonette totalling 890 sq ft.
The property comprises a 3-storey red brick building fronting Brewer Street which has a ground floor reception and 2-bed maisonette over on the first and second floors. There are a series of additional structures to the rear offering large open plan floor space across the ground floor plus an additional two storey brick built building. There was a single storey glass fronted building behind the forecourt but this has been demolished. The existing buildings have been measured on a Gross Internal Area (GIA) basis as follows:
Ground Floor - 530.13 sq m = 5,706 sq ft
First Floor - 96.15 sq m = 1,035 sq ft
First & Second Floor Maisonette - 82.68 sq m = 890 sq ft
TOTAL - 708.96 sq m = 7,631 sq ft
Plus
Former Dance School (now demolished) - 142.00 sq m = 1,529 sq ft
There is additional car parking to the front of the site on the forecourt.
Total site area is approx. 0.25 Acres.
In addition, there is a right of access through the adjoining land adjacent to number 11 Brewer Street giving access to the rear of the site.
To purchase the Freehold held under Title No. K270180 with Vacant Possession
Planning
Planning approval for partial demolition and redevelop the site as a Spa Hotel under Maidstone Borough Council planning reference number 16/501604/FULL. The demolition element of this consent was undertaken. This planning consent provided for circa 10,000 sq ft of refurbished floor area and an additional 26,400 sq ft of new build floor area.
Planning has more recently been approved under MBC planning ref 23/503492/FULL for a new wine bar and restaurant.
The strip-out works commenced but now put on hold. The site is therefore offered in readiness to complete the works or submit a fresh application for alternative uses. There has been historic planning approval for residential schemes.
Prime Development Site in Maidstone Town Center
Planning for Spa Hotel & Bar/Restaurant
Potential for Residential Redevelopment
0.25 Acre Site
Located close to Maidstone East Railway Station
Existing 2-Bed Maisonette
Large Forecourt
Potential for a Variety of Uses
Location
The property is located in the heart of Maidstone Town center opposite a public car park and within walking distance of the primary retail area of Fremlin Walk Shopping Center and Week Street. Maidstone has a vast array of retail and hospitality offerings as you would expect of the County Town of Kent. Maidstone East Railway Station is within a 2 minute walk of the property providing services to London within an hour and Ashford International Station in 30 minutes. Maidstone is located off Junctions 6 and 7 of the M20 motorway giving excellent access to the M2 and M25 Motorways.
What3Words Location:- https://w3w.co/powers.kings.hardly
Rent/Price
Guide Price £650,000
VAT
All figures are exclusive of VAT
Anti-Money Laundering Regulations
To comply with UK Anti-Money Laundering Regulations, Sibley Pares is required by law to verify the identity and proof of funds of all buyers / tenants. Photographic ID, proof of address, and source of funds documentation must be provided before a sale/letting can be formally agreed or a Memorandum of Sale issued. We appreciate your cooperation to avoid delays.
Viewing
Strictly by prior appointment through the Surveyors. Please contact Phil Hubbard e: phil.hubbard@sibleypares.co.uk or Tom Langston e: thomas.langston@sibleypares.co.uk