Rare opportunity to purchase a highly prominent 2.9 acre site within the centre of Maidstone with long term redevelopment opportunity.
Over 90% of income secured to Lidl and Matalan.
Open A1 planning consent (including food on part).
AWULT of 6.4 years, assuming break options are exercised.
Low passing rents compared to completing Open A1 retail parks.
We are seeking ofers in excess of £9,400,000 subject to contract and exclusive of VAT. This reflects following yield profile, allowing for purchasers' costs of 5.8%