Development . - Sunley House, Middle Row, Maidstone Kent, ME141TG

Middle Row, Maidstone ME14 1TG, UK

Facilities
  • 24 hr Access
  • Offices
Description

Long Leasehold for sale of a newly refurbished office building in Maidstone, Kent.
For Sale - Long Leasehold
Prominent and newly refurbished town centre office building. Virtual freehold - 999 year lease from 17 January 2018. £122,244 pa current gross rental income. rental ERV £175,873 pa. Capital Allowances available in excess of £250,000. Residential development 'not objectionable' by local authority. Single asset company share purchase available. Offers sought in excess of £1,100,000 ex VAT, equivalent to a gross initial yield of 10.86% ex VAT and net of 2.3% purchaser's costs.

Area
sq ft
Rooms
1
Car Parking Spaces
N/A
Shower Facilities
No
For Sale price
££1,100,000
Location
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