9 Gabriels Hill & 14 King Street
Maidstone, Kent, ME15 6HL

Property Details

Retail & Bar / Restaurant Investment FOR SALE. Let to Paddy Power & Bliss Cafe.
Currently producing a gross income of £107,500 per annum
Located at the top of Gabriels Hill and wrapping around to the entrance to The Mall on King Street in Maidstone, this mixed use investment is well located just off the prime retail pitch and has potential for residential conversion when the existing lease expires on the substantial upper floors.

The property, a Grade II Listed building, is separated into two tenancies with Paddy Power occupying 9 Gabriels Hill, a ground floor retail unit, and 14 King Street occupied by Bliss Cafe a restaurant and bar with covered and heated outside seating plus separate Coffee Shop and additional staff living accommodation on the second floor.

9 Gabriels Hill - Let to Paddy Power until 8th August 2027.
This comprises ground floor retail with frontage onto Gabriels Hill:
Retail Area - 169.55 sq m = 1,825 sq ft
Basement - 68.84 sq m = 741 sq ft

14 King Street - Let to Bliss Cafe until 28th July 2036.
Accessed via King Street at ground level, this element of the property has a covered and heated outside seating area with pizza bar plus access into the main restaurant / bar area. In addition the second floor has staff living accommodation, comprised as follows;
Coffee Shop - 48.00 sq m = 517 sq ft
FF Restaurant / Bar - 221.29 sq m = 2,382 sq ft
SF Staff Accommodation - 211.01 sq m = 2,271 sq ft
Outside Seating Area - 188.00 sq m = 2,024 sq ft

Location

The property is located at the top of Gabriels Hill at the cross road with Week Street, High Street and King Street, the prime retail area directly between Fremlin Walk and The Mall in the heart of Maidstone Town Centre, the County Town of Kent.

Maidstone is conveniently located in the centre of the County just 1.5 miles to junctions 6 and 7 of the M20 motorway giving excellent access to the M25 and the wider motorway network. Train services to London are less than 1 hour.

Accommodation

The property has been split to provide two separate tenancies.

9 Gabriels Hill - Let to Paddy Power.
This comprises ground floor retail with frontage onto Gabriels Hill:
Retail Area - 169.55 sq m = 1,825 sq ft
Basement - 68.84 sq m = 741 sq ft

14 King Street - Let to Bliss Cafe.
Accessed via King Street at ground level, this element of the property has a covered and heated outside seating area with coffee shop plus access into the main restaurant / bar area. In addition the second floor has staff living accommodation, comprised as follows;
Coffee Bar - 48.00 sq m = 517 sq ft
FF Restaurant / Bar - 221.29 sq m = 2,382 sq ft
SF Staff Accommodation - 211.01 sq m = 2,271 sq ft
Outside Seating Area - 188.00 sq m = 2,024 sq ft

Total NIA - 718.69 sq m = 7,736 sq ft (plus outside covered seating area)