SOLD

TypeOffice Investments · Retail Investments · Leisure & Hotel Investments

ME14 91 King Street, Maidstone

TenureFor sale

91 King Street, Maidstone, ME14 1/1

Specification

Property type
Property type Office Investments · Retail Investments · Leisure & Hotel Investments
Tenure
Tenure For sale

Description

• Mixed use commercial investment - producing £38,200 per annum

• Potential income of £57,200 per annum when fully let

• Attractive net initial yield of 6.6% and potential net yield of 10% when fully let

• Potential to convert / redevelop into residential use, partly under PD rights

Location

The subject property is located in King Street, a main road leading west off the A249, toward the town, with the property being situated less than half a mile outside of the centre of Maidstone. It is has a good mix of both commercial and residential properties with predominately commercial on the ground floor, including both offices and retail. Nearby occupiers include Wards and Haart Estate Agents, The Townhouse Boutique Hotel, Swinton Insurance and further toward the town a gymnasium and a Boots.

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