Property Details
BACK Disposal

28 Week Street


location icon Maidstone, ME14 1RN

Summary

  • Location
    Maidstone
  • Sector
    Retail
  • Size
    2,584 Sq Ft
  • Tenure
    Freehold
  • Tenant
    Trespass Europe Ltd
  • Term
    9.74 Years
  • Term Certain
    4.3 Years
  • Passing Rent
    £70,000 Per Annum
  • Covenant
    Very Low Risk
  • Price
    £1 Million
  • NIY
    6.60%
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More Information

  • Location Highlights

    Maidstone is the County Town and administrative centre of Kent, as well as one of the most important retailing centres in South East England.

  • Description Highlights

    The Property is situated on Week Street, the prime retail pitch of Maidstone, located between Fremlin Walk and the High Street. The Property benefits from an unbroken freehold.

  • Lease Highlights

    Securely let to Trespass Europe Ltd until March 2028.

  • Rent Highlights

    A new open market letting at the market rent of £70,000 per annum, reflecting a low Zone A rent of £107 per sq ft.

Maps

Property

Contact Us

Dom Sidoli
Director

+44 (0) 20 3418 2040

Natasha Sidoli

+44 (0) 20 3418 2070

ADS RE Ltd (ADS RE) on its own behalf and on behalf of the vendors / lessors of the properties whose agent ADS RE is, gives notice that:1 (a) All particulars provided are given as a general outline only for the guidance of the intending purchaser, lessee or tenant, and do not constitute in whole or in part, an offer of contract for sale or lease; (b) Whilst all particulars of properties given including but not limited to descriptions, dimensions, references to condition and necessary permissions for use and occupation and maps are believed to be correct and are given in good faith, they are however given without responsibility. None of the statements contained in these particulars as to the property are to be relied upon as statements or representations of fact; (c) The vendor / lessor does not make or give, and neither ADS RE nor any of its members or any person in its employment has any authority to make or give any representation or warranty whatsoever in relation to any properties. The only representations, warranties, undertakings and contractual obligations to be given or undertaken by the vendor / lessor are those contained and expressly referred to in the written contract for sale or agreement for lease between the vendor / lessor and a purchaser or tenant. 2 Prospective purchasers / lessees or tenants should not rely on any particulars provided and are strongly advised to; (a) Satisfy themselves by inspection or otherwise as to the correctness of each statement contained in these particulars; (b) Inspect the property and the neighbouring area; ensure that any items expressed to be included are available and in working order; (c) Arrange a full measured, structural (and where appropriate environmental) survey of the property; and (d) Carry out all necessary searches and enquiries. November 2019