£1,850,000

132 bed block of flats for sale

  1. Property photo 1 of 22.
  2. Property photo 2 of 22.
  3.  * Artist Impression Of Proposed Hotel...
Auction
Freehold

Guide price

£1,850,000

132 bed block of flats for sale

12-14 Week Street, Maidstone, Kent ME14

132 beds

Key Information

Tenure:
Freehold
Council tax band:

Local area information

Property location

Nearby amenities

  • Maidstone East 0.3 miles
  • Maidstone West 0.4 miles
  • Valley Invicta Primary School At East Borough 0.5 miles
  • Invicta Grammar School 0.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Maidstone to find out more about the local area.

Features and description

  • Freehold
  • Freehold
For sale by auction 25/07/2024 due to be offered in our September auction

freehold retail unit with planning permission for 132 room hotel

Location & Description
Retail Unit currently let on flexible terms with Planning Consent to Redevelop the site into a 132-room hotel. Positive Pre-Application for alternative development of 45 residential units. The property is a large, double fronted retail unit over ground and first floors totalling 9,796 sq ft.

Located on Week Street, directly between Fremlin Walk and The Mall in Maidstone Town Centre, the County Town of Kent. Maidstone is conveniently located in the centre of the County just 1.5 miles to junctions 6 and 7 of the M20 motorway giving access to the M25 and the wider motorway network. Also within approximately half a mile from three main line train stations, Maidstone East, Maidstone West and Maidstone Barracks.

Lease Details
A new lease is currently being agreed on a 5 year term with no break at a rent of £150,000 per annum.

Tenure
Freehold

Note
Auction Surveyor: Michael Mercer
Contact:

EPC Rating
Awaiting EPC

Floor plans and tours

Floor plans

No floor plan available

Tours

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More information

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Strettons Auctions

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