• Photos (14)

Property FEATURES

• Prime Retail Unit
• Planning Approval for 132-room Hotel (MBC ref: 19/505518)
• Positive Pre-App For Residential Scheme of 45 Apartments
• Currently Let On Flexible Terms at £30,000 per annum
• Offers In Excess of £3,000,000

Property DESCRIPTION

Description

Prime Retail Unit currently let on flexible terms with Planning Consent to Redevelop the site into a 132-room hotel. Positive Pre-Application for alternative development of 45 residential units.

The property is a large, double fronted retail unit over ground and first floors totalling 9,796 sq ft, currently comprised as follows;

Ground Floor Sales: 516.00 sq m = 5,551 sq ft
Ground Floor Ancillary: 155.58 sq m = 1,675 sq ft
First Floor Ancillary: 206.26 sq m = 2,220 sq ft
External Store: 32.51 sq m = 350 sq ft

Planning
Planning permission was granted under Maidstone Borough Council Reference 19/505518 for the demolition of 12-14 Week Street and the redevelopment of the site into a 132-room Hotel which will total circa 66,000 sq ft over eight floors including roof top bar with restaurant and terrace.

Positive pre-app has also taken place with Maidstone Borough Council for an alternative scheme of 45 Residential units being a mix of 1, 2 and 3 bed apartments.

Further information is available in the data room upon request.

Prime Retail Unit

Planning Approval for 132-room Hotel (MBC ref: 19/505518)

Positive Pre-App For Residential Scheme of 45 Apartments

Currently Let On Flexible Terms at £30,000 per annum

Offers In Excess of £3,000,000

Tenure Comments

Freehold held under Title numbers K694839 and K698920

Property LOCATION

Marketed BY