Retail in ME16 available for sale
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Retail Property for Sale near ME16, Maidstone

Find Retail Property for sale in ME16 that meets your business or investment goals

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

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 Maidstone Rd, Nettlestead - Retail for Sale

The Hop Pole - Maidstone Rd

Nettlestead, ME18 5HH

  • Retail for Sale
  • £500,000
  • 3,390 sq ft
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FAQs About Retail Property For Sale in ME16

See All Retail Spaces For Sale
How many retail properties are currently available for sale in ME16?
There are currently 1 retail properties available for sale. Sizes range from to , with an average size of. Available opportunities may include high street shops, retail units, shopping centre space, neighbourhood parades and mixed-use investments.
How much does retail property cost in ME16?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Values are influenced by factors such as location, footfall, tenant strength, lease terms and the overall condition of the property.
What factors influence retail property values?
Location is often the most important factor, alongside footfall levels, tenant quality, lease length, rental income, nearby occupiers and local market conditions. Properties with strong trading locations and established tenants may attract greater investor demand.
What sizes of retail property are available?
Available properties range from to , with an average size of. Opportunities may suit independent retailers, owner-occupiers, investors and larger multi-site operators.
What are the benefits of investing in retail property?
Retail property can provide long-term rental income and the potential for capital growth. Well-located assets with established tenants may offer predictable income streams, while properties with redevelopment or alternative-use potential can provide additional opportunities for value creation.
What risks should I consider before buying?
Potential risks include tenant vacancy, changing consumer behaviour, local competition, economic conditions and shifts in retail demand. Understanding the strength of the location and the sustainability of rental income is an important part of any acquisition decision.
How does lease length affect investment performance?
Longer leases can provide greater income certainty, while shorter leases may offer opportunities for rent growth or repositioning. Investors should review rent review provisions, break clauses and tenant obligations when assessing an asset.
What types of tenants occupy retail property?
Retail occupiers can include national retailers, convenience stores, restaurants, cafés, health and beauty businesses, service providers and independent operators. The mix of tenants can influence both investment performance and future demand.
Can a retail property be used for other purposes?
Many retail premises fall within Use Class E, which may allow a degree of flexibility between retail, office, hospitality, health and other commercial uses. However, any proposed change of use should be confirmed with the local planning authority.
What due diligence should I carry out before buying?
Buyers should review leases, tenant covenant strength, service charge arrangements, planning permissions, title documents, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance and any refurbishment or maintenance works that may be required.

Discover More Retail Properties for Sale in the ME16, Maidstone

With 1 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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