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£210,000

454, Tonbridge Road, Barming, Maidstone, Kent, ME16 9JA

Full description

SHOP WITH SELF-CONTAINED 1 BED FLAT

Retail


Flat

  • Corner Shop with Main Road Frontage
  • Planning Consent to Convert A1 Shop to Residential Flat under Planning Ref: 17/500871/FULL
  • Existing Flat Let on AST @ £550 per calendar month
  • Offers in excess of £210,000

  • Location: The property is prominently located on the busy crossroad at the junctions of Tonbridge Road and Fountain Lane (Leading to Hermitage Lane) just 0.5 miles from Maidstone Hospital. The property is well situated being 2.5 miles west of Maidstone Town Centre and 3 miles south of Junction 5 of the M20 motorway. Barming Station is within 1.5 miles offering services to London Victoria in under 1 hour.
  • Accommodation: Description Prominently situated former newsagents (A1 retail) with self-contained 1-bed flat over. The property has planning consent to convert the shop into a 1-bed flat under Maidstone Borough Council Planning Ref 17/500871/FULL. There is a garden to the rear and space to park up to 2 cars on the forecourt. Accommodation Retail Frontage 4.57m (15 ft) Depth 10.51m (34ft 6") Retail Area 41.oo sq m (441 sq ft) Store 6.76 sq m (73 sq ft) First floor 1 Bed Flat 49.20 sq m (530 sq ft)
  • Terms: Tenure Freehold, subject to the existing AST on the first floor flat which is for a period on a 6 monthly periodic tenancy which commenced on 09.02.16 paying £550 per calendar month.
  • Rent: Offers in excess of £210,000 for the freehold
  • Viewing: Strictly by prior appointment through the Surveyors. Please contact Phil Hubbard e: phubbard@sibleypares.co.uk or Matt Sadler e: msadler@sibleypares.co.uk
  • Legal Costs: Each side to bear its own legal and professional costs
  • Rateable value / Council Tax: Business Rates: RB £3,600 @ 46.6p in the £ Rates payable £1,677 for the year 2017/18 Domestic Council Band A
  • VAT: We understand from our client that the property is not elected for VAT
  • EPC: To be advised
  • Price: All mains services, water, drainage, gas and electricity are available

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