Home   \\   Price
£550,000

81 Bank Street, Maidstone, Kent, ME14 1SD

Full description

Ground Floor A3 Premises with existing Self Contained 2-Bedroom Flat to the front of the building with Planning Consent for to convert the rear fist floor storage to create an additional 2-Bedroom flat.

  • Ground Floor A3 premises with Fitted Kitchen located in historic street
  • Large Self Contained 2 Bedroom Flat Currently Let @ £800 pcm
  • Potential to develop upper storage area into further 2-bed residential flat

  • Location: The property is located in the center of Maidstone, the county town of Kent. Maidstone is a vibrant town anchored by Fremlin Walk shopping center and The Mall with an excellent mix of multinational retailers and independent traders plus many bars and restaurants. Bank Street is within the pedestrianised retail center within close proximity to the East and West stations.
  • Accommodation: The property is Grade II listed and comprises of a Ground Floor A3 premises which is currently a long established café/coffee shop with kitchen. The upstairs storage area has planning consent to be converted into a self contained 2 bedroom residential flat (see plans). The upper two floors are made up of a 2 Bedroom Self-Contained flat with two large double en-suite bedrooms, separate kitchen and a spacious lounge. The property also benefits from an outside terrace. Commercial Customer Seating Area: 539 sq ft (50 sq m) Kitchen: 277 sq ft (26 sq m) Ancillary Storage: 700 sq ft (65 sq m) Residential GIA: 1100 sq ft (102 sq m)
  • Terms: Freehold subject to the existing AST on the 2-bed flat which is let on a 12 month term from February 2017 at a passing rent of £800 per calendar month. The remainder of the property will be sold vacant.
  • Rent: £550,000
  • Viewing: To arrange viewings please contact: Phil Hubbard: phubbard@sibleypares.co.uk Matthew Sadler: msadler@sibleypares.co.u
  • Legal Costs: Each party responsible for their own legal costs.
  • Rateable value / Council Tax: Rateable Value £18,000 @ 46.6p in the £ Rates Payable £8,388 for the year 2017/18
  • VAT: VAT is applicable on the purchase
  • EPC: Awaited

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