Lot 34: SUBSTANTIAL THREE STOREY UPPER PARTS WITH POTENTIAL FOR RESIDENTIAL CONVERSION

Sold £430,000

The property forms the upper three floors of a substantial four storey Grade II Listed Building with frontages to both High Street and Bank Street in the centre of the County Town of Maidstone. It has previously been used as offices with each floor arranged as partitioned office accommodation together with kitchen and W.C. facilities on each floor.

It is considered the accommodation may be suitable for conversion into residential and, in this respect, a copy letter, dated 13th February 2018, has been received from Maidstone Borough Council, in response to a request for pre-application advice in respect of a conversion of the offices to provide 18 studio flats, subject to conditions. A further scheme of 12 self-contained flats has also been prepared.

A copy of the aforementioned letter from Maidstone Borough Council, together with the scheme drawings, will be available to download from the Clive Emson website or inspection at the Auctioneer’s Office.

Internal Measurements

First Floor

Net internal area 180 sq.m. (1,938 sq.ft.).

EPC Rating

Band F (128).

Second Floor

Net internal area 181 sq.m. (1,952 sq.ft.).

EPC Rating

Band E (117).

Third Floor

Net internal area 177 sq.m. (1,907 sq.ft.).

EPC Rating

Band G (174).

Tenure

Remainder of a ground lease for a term of 999 years from 17th January 2018 at a peppercorn ground rental.

Leasehold with Vacant Possession

Commercial EPC: F