Office for sale in Chequers Barn, Bough Beech, Edenbridge TN8

Key Points

Description

Developed in 2007, Chequers Barn provides highly specified office suites within a sympathetically designed two storey building set in a delightful yet strategic semi-rural location. A total of 6 suites from 334 sq ft to 1,446 sq ft, are accessed off a central core with kitchen facilities and cloakrooms on ground and first floors. The building has a passenger lift and ample parking is provided to the front and in a large car park to the rear. The building is let to a mixture of local businesses.

Location

Chequers Barn is set in the tranquil semi-rural hamlet of Bough Beech, approximately 4 miles east of Edenbridge, 7 miles south of Sevenoaks and a similar distance to the west of Tonbridge. Junction 5 of the M25 is only some 6 miles to the north.

Terms

Offers in the region of £875,000 are sought for the freehold interest in the property, subject to contract and exclusive of VAT.
A sale at this price represents a capital value of £197 per sq ft (NIA) and a net initial yield of 7.07% assuming purchaser’s costs of 5.3%.

Availability_Text

The property provides the following suites (tenancy schedule available on request):

Specifications

- Bright creative spaces
- Impressive vaulted ceilings to 1st floor suites
- Centrally heated (communal boiler)
- Air conditioning to 3 suites (tenant installed)
- Shared meeting room & kitchen facilities
- Passenger lift
- Double glazed
- Large car park

Legal Costs

Each party to pay their own.

Tenancies

The property is currently let to 5 companies with a 6th business due to complete a new lease within the next few weeks. Once this letting has completed, the total rental income will be £65,143 pa exclusive. Each tenant pays a service charge in respect of the common costs, services and the maintenance of the property. A tenancy schedule is available on request.