Property photos
Freehold
Offers over
£600,000
Retail premises for sale
Bank Street, Maidstone ME143 baths
4 receptions
Local area information
Property location
Nearby amenities
- Maidstone West 0.3 miles
- Maidstone East 0.3 miles
- Valley Invicta Primary School At East Borough 0.5 miles
- St Michael's Church of England Infant School Maidstone 0.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Maidstone to find out more about the local area.
Features and description
- Freehold
- R.O.I. 12.5%
- Over 320 sq/m
- Multiple uses
- Prime location
- Licensed
- Pedestrian zone
- Multiple income streams
- Many original features
Commercial Development with Two Flats
Maidstone, Kent
Offer Over £600,000
Opportunity -
81 Bank Street has a ground floor café and bar area, circa 140 sq/m, currently there is a commercial kitchen area on the first floor, along with a one-bedroom managers flat. There is also a large cellar
81a Bank Street, two-bedroom flat in this wonderful period property, full of original features
81 Bank Street is a licensed premises, however, in such a prominent high street pedestrianised location, it is perfect for many of uses, please see the alternative use section below
81a Bank Street is currently let on an A.S.T. At £1,000 pcm, however, this stunning property could achieve much greater revenue used as a holiday let, please see financial details below
Location -
Bank Street is the most complete Medieval Street in Maidstone
The perfect location for any business wishing to benefit from heritage and footfall
Development -
The kitchen and one-bedroom managers flat on the first floor could be converted into a larger two-bedroom flat with separate access, increasing the potential revenue even further – please see the attached floorplan titled 81b Bank Street, rear flat
Internal Details -
Ground Floor is 138 sq/m, there is also a considerable cellar with good headroom used for storage
72 sq/m First Floor currently the rear section of the property on the first floor is used for the commercial kitchen space and the manager/owners flat.
First & Second Floor at the front of the property is a self-contained flat with two ensuite-bedrooms, large living room and kitchen. At 110 sq/m this is a very spacious flat, with many original features
Please see the floorplans for further information
Tenure -
Nationwide Business Sales are delighted to offer this exciting opportunity to the market at ‘Offers Over £600,000’
Financial Details –
As a stand-alone business the ground floor, with cellar should command a rental income of circa £24,000 pa
81a & 81b as two-bedroom holiday lets commanding an average of £100 per night at 60% occupancy will deliver an annual turnover of £54,000.
The rate and occupancy level suggested for the holiday lets are intentionally low to demonstrate a worst case scenario
Maidstone, Kent
Offer Over £600,000
Opportunity -
81 Bank Street has a ground floor café and bar area, circa 140 sq/m, currently there is a commercial kitchen area on the first floor, along with a one-bedroom managers flat. There is also a large cellar
81a Bank Street, two-bedroom flat in this wonderful period property, full of original features
81 Bank Street is a licensed premises, however, in such a prominent high street pedestrianised location, it is perfect for many of uses, please see the alternative use section below
81a Bank Street is currently let on an A.S.T. At £1,000 pcm, however, this stunning property could achieve much greater revenue used as a holiday let, please see financial details below
Location -
Bank Street is the most complete Medieval Street in Maidstone
The perfect location for any business wishing to benefit from heritage and footfall
Development -
The kitchen and one-bedroom managers flat on the first floor could be converted into a larger two-bedroom flat with separate access, increasing the potential revenue even further – please see the attached floorplan titled 81b Bank Street, rear flat
Internal Details -
Ground Floor is 138 sq/m, there is also a considerable cellar with good headroom used for storage
72 sq/m First Floor currently the rear section of the property on the first floor is used for the commercial kitchen space and the manager/owners flat.
First & Second Floor at the front of the property is a self-contained flat with two ensuite-bedrooms, large living room and kitchen. At 110 sq/m this is a very spacious flat, with many original features
Please see the floorplans for further information
Tenure -
Nationwide Business Sales are delighted to offer this exciting opportunity to the market at ‘Offers Over £600,000’
Financial Details –
As a stand-alone business the ground floor, with cellar should command a rental income of circa £24,000 pa
81a & 81b as two-bedroom holiday lets commanding an average of £100 per night at 60% occupancy will deliver an annual turnover of £54,000.
The rate and occupancy level suggested for the holiday lets are intentionally low to demonstrate a worst case scenario
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
Floor plans and tours
Floor plans (5)
More information
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Listed by
Nationwide Business Sales
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Property descriptions and related information displayed on this page are marketing materials provided by - Nationwide Business Sales. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Nationwide Business Sales for full details and further information.