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45-47 Earl St 4,644 sq ft Retail Property Maidstone ME14 1PD £1,250,000 (£269.16/sq ft)

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INVESTMENT HIGHLIGHTS

  • Approximately 72 Covers and 18 external seating with rear conservatory
  • Fully Fitted Restaurant
  • Attractive Grade II Listed Building

EXECUTIVE SUMMARY

The property is a distinctive timber framed mock Tudor style building believed to have been constructed in the 19th Century as two separate buildings. The accommodation is arranged over basement, ground, first and second floors with a rear yard. The property has a frontage to Earl Street of approximately 54 feet (16.4 m) and a depth of 43 feet (13.2 m).

PROPERTY FACTS

Sale Type
Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Subtype
Restaurant
Property Size
4,644 sq ft
Costar Property Class
B
Year Built
1883
Price
£1,250,000
Price per sq ft
£269.16
Tenancy
Multiple
Number of Floors
3
Plot ratio
1.52
Total Plot Size
0.07 ac
Frontage
56 ft on Earl Street

AMENITIES

  • Restaurant
  • Security System
  • Storage Space
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • POSITION
  • AVAILABLE
  • Ground
  • 2,174 sq ft
  • Restaurant
  • In-Line
  • Now

The property is a distinctive timber framed mock Tudor style building believed to have been constructed in the 19th Century as two separate buildings. The accommodation is arranged over basement, ground, first and second floors with a rear yard. The property has a frontage to Earl Street of approximately 54 feet (16.4 m) and a depth of 43 feet (13.2 m). Asking rent of £50,000 per annum exclusive in year 1 to 2, rising to £55,000 per annum exclusive as from year 3 to 5 with a rent review in the 6th year, .

Space Size Space Use Position Available
Ground 2,174 sq ft Restaurant In-Line Now

Ground

Size
2,174 sq ft
Space Use
Restaurant
Position
In-Line
Available
Now

Ground

Size 2,174 sq ft
Space Use Restaurant
Position In-Line
Available Now

The property is a distinctive timber framed mock Tudor style building believed to have been constructed in the 19th Century as two separate buildings. The accommodation is arranged over basement, ground, first and second floors with a rear yard. The property has a frontage to Earl Street of approximately 54 feet (16.4 m) and a depth of 43 feet (13.2 m). Asking rent of £50,000 per annum exclusive in year 1 to 2, rising to £55,000 per annum exclusive as from year 3 to 5 with a rent review in the 6th year, .

NEARBY MAJOR RETAILERS

Snap Fitness
Starbucks
Costa Coffee
Pret A Manger
Caffè Nero
Tesco
Santander
Barclays
Natwest
HSBC BANK PLC
  • Listing ID: 28908871

  • Date on Market: 03/07/2023

  • Last Updated:

  • Address: 45-47 Earl St, Maidstone ME14 1PD

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