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Week Street, Maidstone, ME14

South East

£609,950
Listed on 22/02/2025

Property Details

Bedrooms
N/A
Type
Commercial Property
Area
1378 sqft

Description

This property presents a unique investment opportunity, combining a thriving café and take-away business with a spacious two-bedroom flat above. Located in the bustling town centre of Maidstone on one of its busiest streets, this establishment benefits from high footfall and proximity to a variety of bars, restaurants, and retail shops. The café features a well-designed front area for seating along with a large kitchen at the rear. It is fully licensed to sell alcohol and has established itself as a profitable business with an impressive turnover of £400k. The flat above, accessible separately, offers substantial living space that could benefit from modernization or redesign to enhance appeal to potential tenants or owners. Given its current operational model focusing on afternoon and evening trade, there lies great potential for expansion into daytime services or introducing new concepts such as a bar or microbrewery serving tapas. Furthermore, the property may be adaptable for other uses like retail upon obtaining the necessary change of use permissions. With some refurbishment work, this venue could unlock even greater revenue streams while also capitalizing on Maidstone's growing population and location within easy commuting distance to London.

Investment Analysis

(ME14 area)

Above Market Value

This property is priced +23.6% above area average per sq ft

+23.6%
This Property
£443/sq ft
Area Average
£358/sq ft
Avg Rent (weekly)
£274
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £125,000
Target Value
£542,732
10% above area average per sq ft
Potential ROI
-26.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (ME14)

Area prices are rising by +6.7% over the last 12 months
3 year growth: +11.6%
5 year growth: +14.7%
Investment Disclaimer: Analysis based on ME14 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Week Street, Maidstone, ME14
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,160
Based on a loan of £457,462 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

Price History

-2.4% since listed
£609,950£15,050(-2.4%)
08/05/2025
Current price
£625,000Initial listing
21/02/2025

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