This compact site located in the heart of Maidstone Town Centre presents a promising opportunity for redevelopment, subject to the necessary planning approvals. Currently designated as a commercial garage, the property will be sold freehold with vacant possession, allowing for immediate development potential.
Positioned within close proximity to essential amenities such as shopping centers, recreational facilities, schools, and public transport links, this location benefits from high foot traffic and accessibility. Such features enhance its attractiveness for residential or mixed-use redevelopment projects.
The current owner has collaborated with a local architect to conceptualize preliminary sketches for the site, suggesting possibilities such as a semi-detached home alongside a single-story bungalow or the construction of three apartments. Potential investors and developers are encouraged to conduct their own assessments and investigations to fully realize the site's capabilities.
Additionally, there may be an option to acquire adjacent land from the neighboring property owner at 1 Arundel Street, which could further broaden development prospects.
This property not only offers immediate investment potential but could also serve as a long-term asset, with estimated rental income around £8,000 per annum if retained in its current commercial use. The flexibility of this site makes it a noteworthy consideration for those looking to invest in a prime location with future growth opportunities.
It is important to note that no formal planning applications have been submitted thus far; any plans provided are purely for guidance. Interested parties should verify all details independently before proceeding.
