Summary
The site provides approximately 4.4 acres of income producing strategic land fronting onto the A25.
Sevenoaks Garden Centre is predominately multi-tenanted, with a mix of occupiers and uses taking place, including retail.
Key Points
Approx 4.4 acres (1.8 hectares) of income producing strategic landIntersection of M25 (jct 5) and the A21Direct frontage onto the A25Allocated in draft Local Plan
Planning
The Local Planning Authority is Sevenoaks District Council. The site is included in Sevenoaks District Draft Local Plan - reference EMP-27 of B1a uses.
The site is considered suitable for a variety of alternative uses including residential, industrial, care homes and offices, subject to planning.
The site sits within the greenbelt and an Area of Outstanding Natural Beauty but considered previously developed brownfield land.
Further information regarding our client's previous discussions are available on request.
Current Income
There is currently approximately 26,000 sq ft of built form on the site that is let out to numerous tenants, producing a current annual income of £239,475 per annum.
Disposal
Our client will consider offers in excess of £5 million for an unconditional sale, as well as potentially being prepared to consider STP offers in excess of £6 million (depending on the applicant and reason for requiring planning permission).
Our client would like to draw the marketing of Sevenoaks Garden Centre to a conclusion and therefore request that interested parties submit their freehold offer to buy the garden centre by midday on Thursday 29th October via email to the agents. Please see attached bid document.
Data Room
A data room has been set up to provide further information including:
- Title & legal information
- Topographical survey
- Further photographs
- Energy Performance Certificates
- Tenancy schedule
For access to the data room please contact: leatherhead@hurstwarne.co.uk
Location
The property is located at the intersection of junction 5 of the M25 and A21, with direct frontage onto the A25, approximately 2.5 miles (4 km) west of Sevenoaks town centre.
The M25 (Juction 5) is approximately half a mile to the north of the site.