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This property was removed from Dealsourcr.

4 Bed House, Single Let, Maidstone, ME17 2PG £550,000

Lurcock Cottage, The Square, Lenham, Maidstone, Kent, ME17 2PG - 13 views - 2 years ago
  1. Deal Search
  2. Maidstone
  3. ME17
  4. ME17 2PG
BTL
~261 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Maidstone
  • More Deals in ME17
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Property History

Price changed to £550,000

October 8, 2024

Listed for £600,000

May 25, 2024

Floor Plans

Description

  • Mixed Use Property +
  • Commercial Investment with passing rent of £14,400 pa +
  • RPI linked rent review +
  • Three/Four Bedroom Home +
  • Grade II Listed Property +
  • Central Village Location +
  • EPC Rating Awaited +
  • Council Tax Band E +
  • Maidstone Borough Council +
  • For Broadband Speed Refer to +

Description

Guide Price £550,000 to £600,000

Lurcocks cottage is a four bedroom character home with a commercial premises to the front. The Fig Tree runs as a successful business from the property and occupies under a five year lease on their portion of the building.

This residential area is accessed via an alley way to the side of the building leading to a courtyard and comprises kitchen, sitting/living room, cloakroom, utility room, study, a second reception room with bay window overlooking Lenham Square, master bedroom with en-suite and walk in wardrobe and three further double bedrooms, however the access for the fourth bedroom is via the third.

The commercial element of the building to the front is currently operated as a beauty salon and spa. This comprises a reception area, five treatment rooms, a sitting area and kitchen. There is also access to the cellar used for storage.

The Figtree Spa Limited occupy under an FRI lease dated 6 June 2022 for a term of 5 years commencing 1st January 2022. The passing rent is £14,400 per annum and there is an RPI linked rent review on 31st December 2022.

Located within the picturesque market village of Lenham, within its heart at the Village Square consisting of shops, amenities, eateries, cafes and public houses. Lenham lies between the County Town of Maidstone with its extensive shopping facilities, leisure venues and Ashford with its high speed rail links & Outlet Shopping Centre. It also benefits from its own direct rail link to London Victoria and easy access to the M20 Motorway.

Agent Details

Sibley Pares LLP, Maidstone

01622 477036

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

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