Investment for sale.

Significant development opportunity with secure income

Brochure

Maidstone. 38-42 Week Street
ME14 1RP

Asking (STC)	Seeking offers in excess of £3,500,000
Net Initial Yield	6.71%

Maidstone is a dominant retail centre and the County Town of Kent with a catchment population of 204,000
100% prime pitch opposite Fremlin Walk and adjacent to Marks & Spencer
Let to undoubted covenant of WH Smith - lease expiry June 2025 paying £250,000 pa
The retailer traded throughout lockdown with a Post Office concession at the rear of the ground floor
Positive pre-app response to develop up to 63 unit residential scheme
0.37 acre freehold site

Contact

Oli Horton.

oliver.horton@gcw.co.uk

Tim Ashe.

tim.ashe@gcw.co.uk

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