150 High Street, Sevenoaks, TN13 1XE
3,550 Sq Ft / Other
For Sale
Under Offer - Last updated: 16 May 2024
Summary
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.
Key Points
Affluent South East Market TownRetail/Office investmentPlanning permission to create offices or residential apartmentsLet to single tenant until March 2024Excellent road connections (Junction 5, M25/A21 approx 2.5 miles distance)Rail services from Sevenoaks train station to London Bridge, Waterloo East, Charing Cross, Cannon Street and Blackfriars, with advertised journey times from 22 minutes.
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
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.
Property Quote Price(s)
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For Sale Freehold
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