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£24,000

18 Gabriels Hill, Maidstone, ME15 6JG

Full description

Retail unit in prominent town centre location

  • Ground floor retail and basement storage
  • 1 car parking space
  • Air conditioning
  • £24,000 per annum

  • 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 comprises a ground floor retail unit which has been redecorated throughout and has the benefit of air conditioning. There is basement storage, kitchenette and wc as well as a car parking space to the rear. Frontage 4.0m (13ft 2") Depth 15.6m (51ft 5") Retail Area 59.69 sq m (643 sq ft) Kitchenette 3.85 sq m (41 sq ft) Basement (not measured) Total 63.54 sq m (684 sq ft) Air conditioning 1 car parking space
  • Terms: To take an assignment of the existing 10 year lease which expires on 12th September 2027. The next rent review is due on 13th September 2021. There is a tenant only break clause on 13th September 2022 giving no less than 6 months prior written notice.
  • Rent: Passing rent £24,000 per annum exclusive
  • Viewing: Strictly by prior appointment through the Surveyors. Please contact Phil Hubbard e: phil.hubbard@sibleypares.co.uk or Matt Sadler e: matt.sadler@sibleypares.co.uk
  • Legal Costs: Each side to bear its own legal and professional costs
  • Rateable value / Council Tax: RV £16,500 @ 49.1p in the £ Rates payable £8,101 for the year 2019/20 (Applicants should make their own enquiries of the local borough council)
  • VAT: All figures are exclusive of VAT which will be charged at the prevailing rate.
  • EPC: Rating D (79)

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