19 Gabriel's Hill Maidstone Kent ME15 6HR

  • 19 Gabriel's Hill<br>Maidstone<br>Kent<br>ME15 6HR

19 Gabriel's Hill
Maidstone
Kent
ME15 6HR

Freehold Retail Investment

  • Let to Cancer Research UK on lease expiring October 2026
  • Approximately 1,967 sq ft
  • Close to The Mall Shopping Centre
  • Nearby occupiers include Sainsburys, Iceland Supermarket, Boots the Chemist, Superdrug, H. Samuel, Starbucks and a JD Wetherspoon
  • Lot
    24
  • Auction
    27th March 2024
  • Rent
    £31,350 per Annum Exclusive
  • Status
    Sold Post
  • Price
     
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
Important Update
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* More information on the term "price" can be found here

Freehold Retail Investment

  • Let to Cancer Research UK on lease expiring October 2026
  • Approximately 1,967 sq ft
  • Close to The Mall Shopping Centre
  • Nearby occupiers include Sainsburys, Iceland Supermarket, Boots the Chemist, Superdrug, H. Samuel, Starbucks and a JD Wetherspoon
  • Lot 24
  • Auction 27th March 2024
  • Rent £31,350 per Annum Exclusive
  • Status Sold Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
17 miles north-east of Tunbridge Wells, 37 miles south-east of Central London
Roads
A20, A229, A249, M20 (Junction 7)
Rail
Maidstone East Railway Station
Air
London Gatwick Airport
Situation

The property is prominently situated in the heart of the town centre, on the east side of Gabriel's Walk, which leads directly to The Mall Shopping Centre. Nearby occupiers include Sainsburys, Iceland Supermarket, Boots the Chemist, Superdrug, H. Samuel, Starbucks and a JD Wetherspoon.

Tenure

Freehold.

Location
Miles
17 miles north-east of Tunbridge Wells, 37 miles south-east of Central London
Roads
A20, A229, A249, M20 (Junction 7)
Rail
Maidstone East Railway Station
Air
London Gatwick Airport
Situation

The property is prominently situated in the heart of the town centre, on the east side of Gabriel's Walk, which leads directly to The Mall Shopping Centre. Nearby occupiers include Sainsburys, Iceland Supermarket, Boots the Chemist, Superdrug, H. Samuel, Starbucks and a JD Wetherspoon.

Tenure

Freehold.

Description

The property comprises a shop arranged on the ground, first and second floors.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Band E

Description

The property comprises a shop arranged on the ground, first and second floors.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Band E

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m (1)
Floor Areas
(Approx sq ft) (1)
Tenant Term Rent p.a.x.
Ground
First
Second
Retail
Ancillary
Ancillary
80.50
56.40
45.90
(866)
(607)
(494)
CANCER RESEARCH UK (2) 10 years from 17/10/2016 on a full repairing and insuring lease
£31,350
Total  
182.80
(1,967)
   
£31,350

(1) Areas provided by VOA (www.gov.uk/find-business-rates)
(2) For the year ending 31/03/2023, Cancer Research UK reported a turnover of £718,800,000, a pre-tax profit of £51,200,000 and a net worth of £378,100,000 (www.northrow.com)

If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    15.03.24
    File Size
    10 MB
    Login to View
  • Brochure
    Updated Date
    05.04.24
    File Size
    2 MB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Henry JohnHenry John +44 (0)20 7034 4860 +44 (0)7876 884 320henry.john@acuitus.co.uk
Seller's Solicitors
Ronald Fletcher Baker Ltd 77 Baker Street
London
W1U 6RF
Ali Chouhdry 02074675764a.chouhdry@rfblegal.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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