FREEHOLD INVESTMENT / DEVELOPMENT OPPORTUNITY

High Street, Sevenoaks

Location

 

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

93% of the district is designated greenbelt and 60% A.O.N.B.

Road connections are excellent with Junction 5 of the M25/A21 being approximately 2.5 miles distant.

Rail services from nearby Sevenoaks train station run to London Bridge, Waterloo East, Charing Cross, Cannon Street and Blackfriars, with advertised journey times from 22 minutes.

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.

Description

 

Comprises a detached, predominately 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 four 2-bedroom and one-1 bedroom apartments.

Accommodation

 

Existing Building Size - 3,550 Sq. Ft. Approximately  

Planning Consent - up to 5,265 Sq. Ft. Approximately

Details

 

PRICE

Price Upon Application.

PLANNING

Planning permission exists to create five residential apartments and one retail unit.  Planning reference: 21/00644/FUL. (Expired office permission reference: 19/00397/FUL).

ENERGY PERFORMANCE CERTIFICATE (EPC)

Rating 63, Band C.

LEGALS

Each party is to bear their own legal costs.

BUSINESS RATES

Rateable Values:

Shop:   £25,000

Offices: £19,000

TENANCY

The entire property is let on a full repairing and insuring lease to Up and Running (Sevenoaks) Ltd for a term expiring 24th March 2024 at a rent of £60,000 pa.

The offices have been sublet to Greenway Accountants.

ANTI MONEY LAUNDERING POLICY

The Money Laundering Regulations require us to conduct checks upon all Purchasers (including Tenants). Prospective Purchaser(s) will need to provide proof of identity and residence. For a company any person owning more than 25% must provide the same.  

•  Summary PDF  (click icon to download):

150 High Street
Sevenoaks
Kent
TN13 1XE

Existing Building Size – 3,550 Sq.Ft | Planning Consent – Up To 5,265 Sq.Ft
  • Prominent High Street Location
  • Retail / Office Investment
  • Development opportunity
  • Planning Permission granted for:
    • 1 Retail Unit
    • 5 Residential Apartments
  • Let to Single Tenant until March 2024

By prior appointment with the sole agents:

Salisbury & Co.
Tel:  01732 463 205

Neil Salisbury 
Email:  neil@salisburyand.co 
(Or use the form below)

Lime Tree Work Shop
11 Lime Tree Walk
Sevenoaks
Kent
TN13 1YH

IMPORTANT NOTICE

The accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein is not guaranteed and is for general guidance only and prospective purchasers or tenants must not rely on them as statements of fact or representations and must satisfy themselves as to their accuracy. Neither Salisbury & Co. Ltd nor any of their employees or representatives has any authority to make or give any representation or warranty or enter into any contract whatever in relation to the property. Prices quoted in these particulars may be subject to VAT in addition. The reference to any mechanical or electrical equipment or other facilities at the property shall not constitute a representation (unless otherwise stated) as to its state or condition or that it is capable of fulfilling its intended function. Prospective tenants/purchasers should satisfy themselves as to the fitness of such equipment for their requirements.

Salisbury & Co. is the trading name of Salisbury & Co. Ltd. Registered in England Company No. 05291959. Registered Office: Rutland House, 44 Masons Hill, Bromley, Kent BR2 9EQ.

IMPORTANT NOTICE

The accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein is not guaranteed and is for general guidance only and prospective purchasers or tenants must not rely on them as statements of fact or representations and must satisfy themselves as to their accuracy. Neither Salisbury & Co. Ltd nor any of their employees or representatives has any authority to make or give any representation or warranty or enter into any contract whatever in relation to the property. Prices quoted in these particulars may be subject to VAT in addition. The reference to any mechanical or electrical equipment or other facilities at the property shall not constitute a representation (unless otherwise stated) as to its state or condition or that it is capable of fulfilling its intended function. Prospective tenants/purchasers should satisfy themselves as to the fitness of such equipment for their requirements.

Salisbury & Co. is the trading name of Salisbury & Co. Ltd. Registered in England Company No. 05291959. Registered Office: Rutland House, 44 Masons Hill, Bromley, Kent BR2 9EQ.

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