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St. Leonards Rd
Maidstone ME16 0LS

Arcadia house · Office Property For Sale

Investment Highlights

  • The property comprises the ground and first floors of a modern mid-terrace office building of steel frame construction with brick/block cladding
  • The premises are situated within the 20/20 Industrial Estate, a modern courtyard of similar office buildings, providing terraced/semi detached offices
  • The property benefits from gas fired central heating, separate male and female WC facilities, with a partitioned kitchen area on each floor.
  • The 20/20 Estate is located just off Junction 5 of the M20 motorway and close to the Allington area of Maidstone, benefitting from a shopping parade

Executive Summary

Terms
We understand that the property is held on a 999 year lease from 29th September 1992 at a peppercorn rental.
Price
£725,000 for the long leasehold interest.
The property would be suitable for either a tenant who only wishes to occupy the first floor or alternatively an owner/occupier wishing to buy a freehold or the entire building or indeed possible investor.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Tenure
Long Leasehold
Building Size
3,367 SF
Building Class
B
Year Built
1990
Price
£725,000
Price Per SF
£215
Percent Leased
48%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
1,684 SF
Building FAR
0.14
Lot Size
0.54 AC
Parking
13 Spaces (3.86 Spaces per 1,000 SF Leased)

Amenities

  • Raised Floor
  • Accent Lighting
  • Air Conditioning
  • Listing ID: 33944327

  • Date on Market: 21/11/2024

  • Last Updated:

  • Address: St. Leonards Rd, Maidstone ME16 0LS

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