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£22,000

6 Gabriels Hill, Maidstone, Kent, ME15 6JG

Full description

Retail unit in prominent town centre location.

  • TO LE

  • Location: The subject property is located on Gabriel's Hill in Maidstone, close to the convergence of High Street, Week Street and Gabriel's Hill. The property has excellent visibility, just off the prime retail area of Week Street and the recently modernised Mall shopping centre. Maidstone, the County Town of Kent is served by main line rail services at Maidstone East and Maidstone West which offer High Speed services to London, Ashford International and the Coast. The town also benefits from good road links to the M20 and M2.
  • Accommodation: The property is currently configured to have ground floor retail accommodation, with storage, WCs and a tea point arranged over the First and Second Floors. To be offered with vacant possession. Retail Area 521 sq ft (86.25 sq m) WC / Tea Point First Floor - Storage 550 sq ft (51.17 sq m) Second Floor - Storage 469 sq ft (43.61 sq m) Total NIA 1,572 sq ft (143 sq m)
  • Terms: To take an assignment of the existing 10 year Lease expiring 6th January 2024 , subject to a rent review on the 7th Janaury 2019. New Lease may be available by negotiation.
  • Rent: Passing rent £22,000 per annum. Rent to increase to £26,000 per annum or Market Rent (whichever greater) on the rent review date.
  • Viewing: Strictly by appointment with the agent, please contact Phil Hubbard - E: phubbard@sibleypares.co.uk Keith Grimley - E: kgrimley@sibleypares.co.uk
  • Legal Costs: Each side to bear its own legal costs
  • Rateable value / Council Tax: RV £18,500 @46.6p in the £ Rates payable £8,621.00 in the year 2017/18.
  • VAT: All figures are exclusive of VAT which will be charged at the prevailing rate.
  • EPC: Awaited

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