Sainsbury’s Local, Maidstone

 

Loose Road, Maidstone, Kent, ME15 9QB

Offers in excess of
N/A
Acquired
Type - Commercial
Tenant type - Supermarket
  • Tenure: Freehold
  • Gross Rent: £85,000
  • Lease Term: 15 years from Jun '15
  • VAT applicable?: Y

Property Description

  • Freehold blue-chip convenience store investment
  • The newly developed property compromises a prominent flexible convenience store with an extensive glazed frontage onto Loose Road.
  • The property is arranged over ground floor only with 14 customer car parking spaces to the rear.

Location Description

  • The subject property is situated on the south eastern side of Loose Road, in a popular and affluent residential area, 1.2 miles (1.9 km) south of Maidstone Town Centre.
  • The property, formerly the Ambulance Station site, is surrounded by several retail and leisure occupiers servicing the surrounding residential community.
  • Maidstone is the county town and administrative centre of Kent and has a catchment population of 328,000. The ONS has forecasted 10.20% population growth in Maidstone between 2015-2025.
  • Maidstone is located 27 miles (43 km) south east of London, 36 miles (58 km) north west of Dover and 15 miles (24 km) north east of Tunbridge Wells.
  • Maidstone benefits from excellent road communications being situated approximately 2 miles south of junctions 6 & 7 of the M20 motorway. The M20 offers a direct connection to the M25 linking Maidstone to the national road network. Alternatively, Maidstone benefits from a strong rail network. There are trains from Maidstone to London Victoria running 4 times an hour during peak times with a journey time of 52 minutes.
  • The subject property is situated on the south eastern side of Loose Road, in a popular and affluent residential area, 1.2 miles (1.9 km) south of Maidstone Town Centre.
  • The property, formerly the Ambulance Station site, is surrounded by several retail and leisure occupiers servicing the surrounding residential community.

Additional Notes

 

Tenancy & Accommodation Schedule

Tenancy & Accommodation Schedule

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