Retail in ME16 available for sale
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Retail Properties for Sale near the ME16, Maidstone

Retail Properties for Sale Within 5 miles of the ME16, Maidstone

More details for 90 Week St, Maidstone - Retail for Sale

90 Week St

Maidstone, ME14 1RL

  • Retail for Sale
  • £575,000
  • 2,964 sq ft
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More details for 306 London Rd, Leybourne - Retail for Sale

The Wheatsheaf - 306 London Rd

Leybourne, ME19 5AT

  • Retail for Sale
  • £500,000
  • 4,060 sq ft
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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
  • Security System

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 93-95 High St, Maidstone - Retail for Sale

93-95 High St

Maidstone, ME14 1SA

  • Retail for Sale
  • £1,800,000
  • 13,063 sq ft
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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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FAQs about Retail property for sale in ME16

See All Retail Spaces For Sale
How many Retail Property listings are available for sale in ME16?
There are currently 0 Retail Properties available for sale near ME16. These ME16 Retail Property listings have an average size of. The largest available listing in ME16 is. The thriving commercial centre and excellent transport links in ME16 make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in ME16?
The average price/SF for Retail Property for sale in ME16 is about. The cost per sq ft for Retail Property in ME16 ranges from to , depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in ME16?
Several factors can impact the price of Retail Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from to per square foot. While the average net initial yield for Retail Properties is.
What is the largest Retail Property available for sale in ME16?
Currently, the largest Retail Property available to buy is and the smallest is. The average size of Retail Property available for sale in ME16 is approximately.
What are the benefits of investing in retail property?
Retail property can offer long-term rental income, especially with established tenants. High street shops, shopping centres, and neighbourhood parades all offer opportunities for stable yields, with leases often structured on full repairing and insuring (FRI) terms.
What risks should I consider when buying retail property?
Risks include tenant turnover, void periods, changes in consumer habits, and local competition. Location is key—properties in well-trafficked or affluent areas tend to be more resilient to market shifts.
How does lease length affect retail property investment?
Longer leases (typically 5–15 years) can provide more predictable income. Some leases include upward-only rent reviews, which help protect returns over time. It's important to review break clauses and rent-free periods during due diligence.
What types of tenants occupy retail property?
Retail tenants include national chains, local independents, convenience stores, restaurants, salons, and service providers. National brands may offer greater covenant strength, while independents can offer flexibility and local appeal.
Do I need planning permission to change a retail property's use?
Most retail units now fall under Class E, which allows changes of use between shops, cafés, offices, and some medical or fitness uses without full planning permission. However, local restrictions or conservation areas may require additional consent.

Discover More Retail Properties for Sale in the ME16, Maidstone

With 0 retail units currently available for sale in ME16, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in ME16, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in ME16, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in ME16 can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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