ME16 Powerhub 2, St. Peters Street, Maidstone

The premises comprises a former builder's merchant warehouse and yard. The landlord proposes to redevelop the site, providing four trade counter units and an open storage yard area which will be available from late 2026.

Accommodation

The existing buildings are currently under redevelopment and the completed scheme will provide the following approximate accommodation, based on a Gross Internal Area (GIA);

UNIT 1 7,535 sq ft

(700 sq m)

UNIT 2 5,694 sq ft

(529 sq m)

UNIT 3 5,694 sq ft

UNIT 4 6,254 sq ft

(581 sq m)

YARD

25,177 sq ft

(2,339 sq m)

The existing building is approximately 50,000 sq. ft. (4,645 sq. m).

The industrial open storage site is approximately 1.2 acres (0.48 hectares).

Large Town Centre site

Three Phase Power

Allocated Parking

Concrete surfaced, fenced and gated open storage yard

Electric Vehicle Charging

Approx. 5.0m eaves height

Steel shutter loading doors

Suitable for a variety of uses - trade counter/warehouse/retail units

Concrete screed floors

Easy walking distance to Maidstone East and Maidstone Barracks train stations

Large Town Centre site

Three Phase Power

Allocated Parking

Concrete surfaced, fenced and gated open storage yard

Electric Vehicle Charging

Approx. 5.0m eaves height

Steel shutter loading doors

Suitable for a variety of uses - trade counter/warehouse/retail units

Concrete screed floors

Easy walking distance to Maidstone East and Maidstone Barracks train stations

Jewsons Business Park is a trade/warehouse/storage/ leisure premises in Maidstone town centre. The M20 J6 is approximately 2.5 miles to the north accessed via the A229 dual carriageway.

Maidstone town has three railway stations, the principal service (From Maidstone East) provides regular services to London Victoria station with a journey time of approximately 1 hour.

EPC

To be assessed following refurbishment works - Target EPC B rating

Terms

New full repairing and insuring leases, with terms to be agreed.

Service Charge

There is a service charge payable for the upkeep and maintenance of the common parts of the estate.

Rent/Price

The rent for the units will be based on £15.00 per sq ft and yard areas available from £3 per sq ft quoting rents are therefore as follows;

UNIT 1 £113,025 per annum

UNIT 2

£85,410 per annum

UNIT 3

UNIT 4

£93,810 per annum

Open Storage Yards available from £3.00 per sq ft

Rateable Value / Council Tax

To be reassed following refurbishment works.

Please contact Maidstone Borough Council (01622 602274) in regard to exact rates payable.

VAT

Unless otherwise stated, all rents/prices are quoted exclusive of Value Added Tax (VAT) which will be charged at the prevailing rate. Prospective occupiers should satisfy themselves as to any VAT payable in respect of any transaction.

Viewing

Strictly by appointment via the joint agents:

Sibley Pares Chartered Surveyors

Phil Hubbard

phil.hubbard@sibleypares.co.uk

07921 212430

Dominic Barber

dominic.barber@sibleypares.co.uk

07860 870042

Watson Day

Richard Turnill

01634 668000