THREE STOREY OFFICE FOR SALE WITH PARKING (PART LET)
For sale - £495,000 Offers in the region of 872 - 2,658 Sq Ft (81.01 - 246.93 Sq M)
4 Kings Row, Armstrong Road, Maidstone, Kent, ME15 6AQ
Recently Refurbished
Mixture of Open Plan and Glazed Partitioning
15 Parking Spaces
New UPVC Double Glazing
Gas Fired Central Heating
Air Conditioning On Second Floor
Carpeting Throughout
Perimeter Trunking
Suspended Ceilings with LED Lighting
Kitchen & WC Facilities On Each Floor
Property description
The property comprises of a recently refurbished mid terraced three storey purpose built office building of brick construction beneath a pitched tiled roof. The offices are a mixture of open plan and glazed partitioning.The office benefits from:- New UPVC double glazing- Suspended ceilings with LED lights- Carpeting throughout- Perimeter trunking- Gas fired central heating- Air conditioning on second floor- Kitchen on each floor- Male & female WC facilities- LED Lights- 15 parking spaces
Location
The property is located approximately 1 mile south of Maidstone town centre just off the A229 (Loose Road) in an established business location.Maidstone benefits from easy access to the national motorway network via the M20 and has two mainline railway stations which provide services to the coastal ports and London.
Accommodation
All areas are approximate and net internal:Ground Floor: 874 sq ft..........(81.23 sq m)Server room, kitchen & WC facilities5 parking spacesFirst Floor: 872 sq ft..........(81.02 sq m)Vailant gas boiler, kitchen, WC in stairwell5 parking spacesSecond Floor: 912 sq ft..........(84.7 sq m) LETAir conditioning unit, kitchen & 2 x WCs, glazed office 5 parking spaces
Terms
The freehold of the whole property is available with vacant possession of the ground and first floors and subject the existing second floor tenancy on the following terms: Passing Rent: £23,400 per annum inclusive, increasing by 3% per annum on each anniversary. Term: 5 years from 1st October 2025 Break Clause: Mutual option to break on 1st December 2027 Repair, Decoration & Insurance: Including 5 parking spaces
Price
SALE PRICE: Offers invited in the region of £495,000 for the freehold interest with vacant possession of the ground and first floors and subject to the lease of the second floor.
Rateable Value
Rateable Values:Ground Floor: £17,500First Floor: £17,000Second Floor: £13,50015 Parking Spaces: £3,000Interested parties are advised to make their own enquiries with Maidstone Borough Council for the rates payable.
Planning & Building Regulations
It is the responsibility of the purchaser or tenant to satisfy themselves that the intended use of the property complies with the relevant planning permission and building regulations in force at the time of the purchase or letting.
Legal Costs
Each party to be responsible for their own legal and other costs associated with the transaction.
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