TypeDevelopment - Residential · Car Showroom

TN1 123-125 St. James Road, Tunbridge Wells

TenureFor sale

123-125 St. James Road, Tunbridge Wells, TN1 1/4

Specification

Building size
Building size 7,369 sqft
Land size
Land size 0.30 acres
Property type
Property type Development - Residential · Car Showroom
Tenure
Tenure For sale

Description

The site is currently a car showroom and associated workshop, with an office and back of house facilities associated with the current use. The site currently benefits from 20 parking spaces.

We have established that the overall site area is approximately 0.12 hectare (0.30 acre).

The scheme consists of a mix of 1, 2, 3 and 4 bed apartments (over the size of site). Of the 24 units, 8 have been allocated as affordable housing, in line with policy requirements of 30% to be provided on site. Of these, 5 would be of the lower value Social Rented (SR) tenure and 3 high value Intermediate tenure. As part of negotiations this has been reduced to no social rented units to be provided on site but instead an offset payment made allowing an additional 5 market units on site. The development has been designed with the aim of improving sustainability credentials, to include the use of an air source heat pump, green roof and enhanced biodiversity.

Location

Located in a prominent position on the eastern corner of the junction of St James Road, Quarry Road and Grosvenor Bridge, the surrounding area consists of predominantly residential housing.

The site is located close to both the town centre and Tunbridge Wells train station, with journey times of 45 minutes to London Bridge Station. The close proximity of the A26 gives direct access to the motorway networks. Tunbridge Wells is situated 40 miles from central London.

The area is affluent and comprises a mix of families, downsizers and young professionals. The town centre, high street and shopping centre offer a wide range of restaurants, shops and supermarkets and there are a number of highly rated schools in the vicinity.

Amenities

Close proximity to station

Site 0.12 ha (0.30 acre)

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