to let – retail warehouse

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TO LET – RETAIL WAREHOUSE

Lower Boxley Road, Maidstone, Kent ME14 2UU www.sibleypares.co.uk

01622 673086

[email protected]

Lower Boxley Road, Maidstone, Kent ME14 2UU Description The property comprises ground floor retail warehouse with storage facilities and good car parking with main road frontage situated in Maidstone Town Centre. It is currently occupied by Magnet, under a lease of the whole until 24th March 2018 (sub-let in part to J & S Accessories). The property benefits from retail frontage to Lower Boxley Road and has a separate Trade Counter with full height roller shutter access to the storage areas to the rear. Available March 2018

Location The property is located on Lower Boxley Road in Maidstone Town Centre, just a few minutes from the pedestrianised retail centre on the inner ring-road. Benefitting from good visibility onto Lower Boxley Road/Stacey Street, the property is situated just off the A229 1.5 miles from J6 of the M20 and within a 5 minute walk of Maidstone East Station.

 Retail Warehouse  Prominent Town Centre Location  Site 0.97 Acres  36 + Parking Spaces  Available from March 2018

Approximate site area

Lower Boxley Road, Maidstone, Kent ME14 2UU Accommodation The property is currently split into two main retail areas plus trade counter and storage with a shared car park. The total area provides some 19,066 sq ft GIA which could be split to suit. The total site area is 0.97 acres and currently offers 36 parking spaces

Rateable Value There are currently 2 assessments as follows: RV £211,000 RV: £69,000

Existing sizes are as follows but can be split: Unit 1 GIA

430.52 sq m

(4,634 sq ft)

Unit 2 GIA

1,340.75 sq m

(14,432 sq ft)

Total GIA

1,771.27 sq m

(19,066 sq ft)

Terms To take a new FRI lease by negotiation, subject to upward only rent reviews.

Rates payable at 49.2p in the £, being £137,760 for the year April 2017/2018

The property is currently occupied by Magnet, under a lease of whole, until 24th March 2018 (sub-let part to J&S Accessories)

Viewing/Enquiries Strictly by appointment with the Surveyor Please contact : Phil Hubbard E: [email protected]

Rent Upon Application Services All mains services are available VAT All figures are exclusive of VAT which will be charged at the prevailing rate Legal Costs Each party to be responsible for their own legal costs involved in this transaction. EPC Awaited

NOTE: Rental, prices or any other charges are inclusive of VAT unless otherwise stated. MISREPRESENTATION ACT 1967. These particulars are believed to correct, their accuracy cannot be guaranteed and are expressly excluded from any other contract. Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. No fittings, appliances or services mentioned have been tested by Sibley Pares

1 Ashford Road, Maidstone, Kent, ME14 5BJ Maidstone (01622) 673086 Ashford (01233) 629281 Partners: Sarah Raggett, BSc (Hons) MRICS Phillip Hubbard, BA (Hons) MRICS Mark Presland, BSc MA MRICS Consultants: David Pares, MRICS Brian Matthews, MRICS CBuildE MCABE Sibley Pares Chartered Surveyors is a trading name of Sibley Pares LLP Registered in England and Wales No: OC400776. Registered office as above. VAT Reg No: 218 5130 30.