Land for sale in High Street, Sevenoaks TN13

Key Points

Description

Comprises a detached, predominantly three-storey building with brick facades under a slate roof, with two storey flat-roofed area to the rear. In addition there is a brick-built carport, accessed off the High Street.

The premises are in retail use at ground and part first floor and have self-contained offices on the first and second, with separate access off the High Street.

Planning permission has been granted to reconfigure the retail area and create further offices or four 2-bedroom and one 1-bedroom apartments.

Location

Sevenoaks is an affluent west Kent market town renowned for its schools, attractive countryside and easy commute to central London.

The premises are situated in a highly prominent corner position at the junction of the High Street and Suffolk Way.

All town centre services are within easy reach including the public car parks, banks, post office and leisure centre. Occupiers in the vicinity include Pizza Express, Wilkinson’s Opticians and Marks and Spencer.

Availability_Text

Existing accommodation below.

Proposed redevelopment scheme:
Ground floor retail unit - 839 sq ft
Ground Floor, Unit 1 - 538 sq ft
First Floor, Unit 2 - 710 sq ft & Unit 3 - 818 sq ft
Second Floor, Unit 4 - 710 sq ft & Unit 5 - 818 sq ft
total: 5,265.7 sq ft

Tenancy

The entire property is let on a full repairing and insuring lease to Up and Running (Sevenoaks) Ltd for a term expiring 24/03/24 at £60,000 pa.

The offices have been sublet to Greenaway Accountants.

Investment Summary

• Affluent South East Market Town
• Retail/office investment
• Planning permission to create residential apartments, planning Ref 21/00644/ful
• Let to single tenant until March 2024
• Expired office permission. Planning Ref: 19/00397/ful
• pd rights for resi conversion of existing