TypeDevelopment - Residential · Office Investments · Residential Investments · Office · Retail Investments · Office Development Land

TN13 138 High Street, Sevenoaks

TenureFor sale

138 High Street, Sevenoaks, TN13 1/19

Specification

Building size
Building size 5,956 sqft
Property type
Property type Development - Residential · Office Investments · Residential Investments · Office · Retail Investments · Office Development Land
Tenure
Tenure For sale

Description

The Property comprises a town centre mixed use terraced block owned under two freehold titles, with an additional long leasehold title also owned within the freehold property. It should be noted that various parts of the freehold interest have been sold off on long leasehold titles.

The retained parts of the property are arranged to provide two ground floor retail units, one being let and operated as a café, the second comprising former solicitors' offices with additional accommodation over the first and second floors. There are also two three bedroom maisonettes known as 140a and 142a which are dated internally and require modernisation/refurbishment.

The property offers excellent asset management opportunities with planning permissions previously granted to allow conversion of the upper floors into 6 x self-contained 1 bedroom flats (1 x consent expired and 1 x consent expiring in June 2023). In addition, the property could lend itself to refurbishment/partial development in order to achieve a strong rental return, either as offices, residential or a mix of both, subject to obtaining the necessary statutory consents.

Location

The Property is located in Sevenoaks, a popular and affluent town in West Kent. Sevenoaks provides a good range of local amenities with the High Street benefitting from a multitude of shops, supermarkets, pubs and restaurants.

Sevenoaks benefits from excellent transport connections with Sevenoaks railway station providing direct services to London Bridge, London Waterloo East and Charing Cross. There are also regular services to wider Kent and the south coast, including Ashford International, Ramsgate via Canterbury West, Hastings and Dover Priory.

The Property is situated on the A225 which connects to the A21 providing access to Junction 5 of the M25 which connects to Gatwick and Heathrow (clockwise) and the Dartford Crossing (anti-clockwise). The M20 is also proximal, providing a route to Folkestone and linking the Channel Tunnel and Port of Dover.

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