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£58,000

1, Loose Road, Maidstone, Kent, ME15 7BW

Full description

CAR SHOWROOMS AND WORKSHOP WITH GOOD SIZED FORECOURT Potential for A1 retail subject to planning

  • Purpose Built Showroom
  • Workshops
  • Forecourt Parking
  • 58,000 per annum

  • Location: Located at the junction of Upper Stone Street and Loose Road on the south boundary arterial road (A229) of Maidstone Town Centre. The property benefits from excellent frontage with very high volume of passing traffic. It is situated approximately 0.5 miles south of Maidstone Town centre also benefitting from easy access to junctions 7 & 8 of the M20 and wider motorway network
  • Accommodation: Prominent site with forecourt for around 30 cars. The main showroom is on a split level with internal vehicle display areas stepping up to the reception with manager's office and boardroom. There is a separate but interlinking 4 bay workshop with storage mezzanine Showroom 2,583 sq ft (239.96 sq m) Including reception/office 856 sq ft 79.56 sq m) Workshop 1,904 sq ft (176.87 sq m) Mezzanine 497 sq ft (46.19 sq m) Outside Forecourt parking The property may be available for A1 use subject to the correct permissions being obtained.
  • Terms: To take an assignment of the existing 10 year lease to expire February 2021 There is an outstanding rent review due 1st March 2016 A new lease may be available by negotiation
  • Rent: £58,000 per annum
  • Viewing: Strictly by appointment with the Surveyors. Please contact Phil Hubbard E:phubbard@sibleypares.co.uk 01622 673086
  • Legal Costs: Each side to bear its own legal and professional costs
  • Rateable value / Council Tax: RV £45,750 @ 46.6p in the £ Rates payable £21,319.50 for the year 2017/18
  • VAT: All figures are exclusive of VAT which will be charged at the prevailing rate
  • EPC: Rating C (56)

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