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Oakwood Park, Hermitage Lane

Maidstone ME20 7PT

Availability

Sold

Total Area

10,719 sq ft

Contacts

Cradick Retail

Emma Clarke

T: 01892 707512
M: 07799 604406
E: Click to email

Cradick Retail

James Grant

T: 01892 707567
M: 07770 587253
E: Click to email

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Location

Oakwood Park is situated on Hermitage Lane and forms a suburban area less than 2 miles west of town centre and adjacent to Maidstone Hospital providing significant draw into this part of Maidstone.
The area is additionally undergoing significant development, primarily in the residential sector including a recent scheme by Bovis Homes (Orchard Fields) of just under 250 homes directly opposite Maidstone Hospital.
There are further significant housing schemes in the planning portal which would see housing stock in the immediate vicinity increase by over 3,000 homes in the next 10 years.

Description

The scheme comprises 7 ground floor retail units and is anchored by Tesco Express. The residential upper floors and the associated car parking spaces have been sold off on a 999 year leasehold to a housing association at a peppercorn rent.

Total Area

10,719 sq ft