Commercial Property in ME16 available for sale
2

Commercial Properties for Sale near ME16, Maidstone

Find commerical property for sale in ME16 that meets your business or investment goals

More details for 63-65 St. Peters St, Maidstone - Industrial for Sale

63-65 St. Peters St

Maidstone, ME16 0SN

  • Industrial for Sale
  • £1,750,000
  • 15,818 sq ft
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More details for Retail for Sale

Hildenborough Crescent - 1-4 Appledore Ct

Maidstone

  • Retail for Sale
  • £650,000
  • 1,585 sq ft
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Commercial Properties for Sale Within 5 miles of the ME16, Maidstone

More details for Enterprise Rd, Maidstone - Office for Sale

West Court - Enterprise Rd

Maidstone, ME15 6JD

  • Office for Sale
  • £180,000 - £380,000
  • 827 - 2,002 sq ft
  • 2 Units Available
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More details for 4-6 Rose Yard, Maidstone - Retail for Sale

The Source Bar - 4-6 Rose Yard

Maidstone, ME14 1HN

  • Retail for Sale
  • £700,000
  • 6,949 sq ft
  • Air Conditioning
  • Security System
  • Smoke Detector

Maidstone Retail for Sale

-- PRICE REDUCED -- For Sale - Substantial Hospitality / Events / Nightclub Premises in popular Maidstone Town Centre. Currently trading as the Source Bar nightclub which has been operating for approximately 25 years. The property is located within Rose Yard in the town centre of Maidstone, the county town of Kent. It is located within a two minute walk of Fremlin Walk, the premier shopping destination within Maidstone, and is therefore close to local amenities. Maidstone has good communications with access to the motorway network via junctions 5, 6 & 7 of the M20, and also benefits from 2 mainline stations that provide regular services to both London Victoria, and high speed services to London St Pancras International via Strood. The property comprises a substantial two-storey night club facility, comprising two bars on the ground floor and first floor respectively. The premises also benefits from a staff office space on the second floor. The ground floor can be accessed via two separate entrances, both leading into the main bar which has 4 dedicated servicing areas allowing for up to 6 bar staff. To the rear is a second dance floor and cocktail bar, leading to an external drinking area and DJ booth to the back of the premises. Also on the ground floor are two separate ladies and gents WC facilities, including a disabled WC. The first floor comprises a lounge bar and a club room, each with their own separate bars and balcony smoking areas. the first floor also benefits from its own WC facilities. The premises have been measured on a Gross Internal Area (GIA) as follows: Ground Floor - 3,213 sq ft (298.54 sq m) First Floor - 2,422 sq ft (225.00 sq m) Second Floor - 452 sq ft (42.00 sq m) Total GIA - 6,494 sq ft (603.31 sq m) Licences We understand the property benefits from the following Licences; The property benefits from a 24 Hour Trading Licence The Venue has a Licence for 600 People Additional Licence for External Events for 1,300 People

Contact:

Sibley Pares Chartered Surveyors

Property Subtype:

Bar

Date on Market:

07/10/2024

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More details for 45-47 Earl St, Maidstone - Retail for Sale

45-47 Earl St

Maidstone, ME14 1PD

  • Retail for Sale
  • £1,250,000
  • 4,644 sq ft
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More details for Straw Mill Hl, Maidstone - Land for Sale

Straw Mill Hl

Maidstone, ME15 6FL

  • Land for Sale
  • Price Upon Request
  • 6.20 ac Plot
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FAQs About Commercial Property For Sale in ME16

See All Properties For Sale
How many commercial properties are currently available for sale in ME16?
There are currently 2 commercial properties available for sale. Sizes range from to , with an average size of. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in ME16?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Property values will vary depending on location, size, condition, tenant status and market demand.
What factors influence commercial property values?
Property values can be affected by location, building quality, asset size, lease terms, tenant covenant strength, redevelopment potential and local market conditions. For investment properties, income generation and yield are also important considerations.
What types of commercial property are available to buy?
The market may include offices, retail units, industrial properties, warehouses, land, mixed-use buildings and specialist assets. Availability will vary depending on location and current market conditions.
What should I consider before buying commercial property?
Key considerations include location, accessibility, property condition, planning permissions, lease arrangements, operating costs and future growth potential. Buyers should also understand any legal, environmental or structural issues that could affect value or usability.
What is rental yield and why does it matter?
Rental yield measures the income generated by a property relative to its purchase price. Investors often use yield to compare opportunities, although it should be considered alongside factors such as tenant quality, lease length and potential for capital growth.
Can I buy commercial property for my own business?
Yes. Many buyers purchase commercial property to occupy themselves rather than as an investment. Owning premises can provide greater control over operating costs, security of tenure and the potential to benefit from future capital appreciation.
Do I need a commercial mortgage?
Many buyers use commercial finance to fund acquisitions. Deposit requirements, lending terms and borrowing costs vary depending on the property, the buyer's circumstances and the intended use of the asset.
What due diligence should I carry out before buying?
Due diligence typically includes reviewing title documents, planning permissions, leases, service charge information, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What are the risks of buying commercial property?
Potential risks include market fluctuations, vacancy periods, tenant default, maintenance costs, planning restrictions and changes in local demand. Thorough due diligence and effective asset management can help reduce these risks.
Can overseas buyers purchase commercial property in the UK?
Yes. International buyers can purchase commercial property in the UK, although additional legal, tax and regulatory considerations may apply. Professional advice should be obtained before proceeding with a transaction.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax, legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

Discover More Commercial Properties for Sale in the ME16, Maidstone

You searched for commercial property for sale in ME16. Explore 2 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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