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Residential properties for sale in Fairseat, Kent

Create Alert 21 results Sorry, we currently do not have any listings for sale in 0 miles of Fairseat, Kent - Please find below the nearest listings available.
For Sale£2,000,000.00
New
Town Centre Residential Development Site to be sold with Planning Consent for
9 new townhouses & 3 apartments

Approx site area 1.055 acres
(0.427 hectares)

LOCATION
The site is situated to the north west of Tonbridge town centre, to the west of the High Street, close to its junction with Bordyke and Landsdowne Road. The site is accessed off Landsdowne Road and will also be accessible via a new roadway to be completed leading from The Slade. This is a town centre Conservation Area site and it is adjacent to the Crest redevelopment of the former Tonbridge Cattle Market site.

The location at the historic northern end of the town is ideal for access to the River Medway and the town’s restaurants. Tonbridge has excellent schools at all levels including the boy’s public school within 250 yards, and Tonbridge Girls Grammar and the Weald of Kent School at the southern end of the town.

The property is within around 0.4 miles of Tonbridge mainline station providing a fast and frequent train service to central London stations with a minimum journey time of around 35 minutes. The A21 dual carriageway link to Junction 5 M25 can be approached from either the south or the north and is within around 10 minutes drive. The town’s shops and supermarkets (Waitrose and Sainsbury’s) are all within around 0.25-0.5 miles and the property is close to Tonbridge Swimming Pool and playing fields.

SITE DESCRIPTION
Comprises a broadly triangular site extending to around 1.055 acres (0.43 hectares). This includes an area of land running along the northern boundary known as ‘The Fosse’ being a Scheduled Ancient Monument which comprises an earthwork and bank and a dense wooded area.

PLANNING
Planning Consent was issued under reference TM/12/03803/FL dated 9th July 2013 for the ‘construction of 9 townhouses and 3 apartments; provision of 15 car parking spaces for the residential development together with a further 9 garages, plus a further 30 spaces for the existing commercial use of 182 High Street; works to the Scheduled Ancient Monument; associated landscape works; and the safeguarding of land for the provision of the Landsdowne Road link road’. This is an extant consent.

Subsequent Planning Consents TM/14/01019/NMA, TM/14/01354/FL and TM/15/04046/RD have been granted There is no Section 106 agreement, and there is no provision for affordable housing.

THE SCHEME
The consented scheme comprises 9 three storey townhouses and 3 apartments.

SERVICES
Purchasers are strongly recommended to make their own enquiries but we are advised that both surface water and mains drains are connected to the site and gas, water and electricity are available in the road.

LOCAL AUTHORITY
Tonbridge & Malling Borough Council, Gibson Building, Gibson Drive, Kings Hill, West Malling, Kent, ME19 4LZ. 01732 844522.

NEW LINK ROAD
The seller is completing to adoptable standards a new highway linking Landsdowne Road to the north with The Slade to the south as shown on the Marketing Plan. The seller is also completing the development of a new car park with 30 car parking spaces to be retained for the benefit of the offices at 182 High Street, again as shown on the Marketing Plan.

TENURE
The site is to be sold Freehold with the benefit of Vacant Possession. Unconditional offers are invited on a Subject to Contract only basis in excess of £2,000,000. Best offers are invited by 12 noon on Friday 8th March. VAT will be payable.

OVERAGE
The site will be sold subject to an overage provision to be agreed between the parties.

For further information please contact Jeffrey Moys at Bracketts 01732 350503 jeff@bracketts.co.uk
Or John Giblin John.giblin@bracketts.co.uk

The site is available for inspection at any time.

To view the full sales pack, please see the following:

https://www.dropbox.com/sh/7b2yhb2lugc3oas/AADiUV6WB2CxJJj43DCW_iw0a?dl=0



Fosse Mews Land to rear of 182 High Street, Tonbridge, TN9 1BE
Type: Residential, Residential Land
Location: Fosse Mews Land to the rear of 182 High Street, High Street, Tonbridge, TN9 1BE
Size: 1.06 Acres
Images: 2
Brochures: 1
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For SalePOA
Must See
Freehold D1 Premises For Sale

Former Day Centre – May be Suitable for Office/D2/Residential Subject to Planning

Close date for Bids 8th November 2018


Freehold Property for Sale - Plumstead, SE18
Type: Residential, Office, Other, Offices, Other Property Types & Opportunities
Location: 236 Plumstead High Street, SE18 1JL
Images: 1
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For SalePOA
An attractive, detached, period double-fronted property most recently used as sheltered housing, but offering apparent potential for a variety of uses. The property is prominently positioned in a mainly residential road at the Eastern end of Eltham High Street. Arranged over two storeys (plus basement), the accommodation is in fair order throughout and extends to approx. 4,049 sqft (376 sqm) GIA. There is off-street parking to the front for several vehicles via a carriage drive, and a generous rear garden of approx. 17 x 25 metres. The property appears suitable for continued C2 use, or alternatively for conversion to a hostel, HMO, apartments, day nursery or surgery (STPP).
37 Westmount Road, Eltham, London SE9
Type: Residential
Location: 37 Westmount Road, SE9 1JF
Size: 4049 Sq Ft
Images: 2
Brochures: 1
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For Sale£500,000.00
OR
For Rent£23,000.00 Per Annum
TO LET/FOR SALE – RETAIL UNIT & SELF CONTAINED 3 BEDROOM MAISONETTE PROMINENT POSITION - ESTABLISHED PARADE
20, Carlton Parade, Orpington, BR6 0JB
Type: Flat, Retail - Out of Town, Mixed Use, Retail, Residential, Other Property Types & Opportunities
Location: 20 Carlton Parade, BR6 0JB
Size: 600 Sq Ft
Images: 1
Brochures: 2
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For Sale£400,000.00
FOR SALE – SELF CONTAINED OFFICE SUITE – FIRST AND SECOND FLOOR LEVEL
1,087 SQ FT (101 M²) - RESIDENTIAL DEVELOPMENT OPPORTUNITY
(PLANNING PERMISSION GRANTED FOR 1 X ONE BEDROOM & 1 X 2 BEDROOM FLATS)
29a, Station Approach, Bromley, BR2 7EB
Type: Residential, Office, Retail - Out of Town, Flat, Mixed Use, Offices, Retail, Other Property Types & Opportunities
Location: 29a Station Approach, BR2 7EB
Size: 1581 Sq Ft
Images: 1
Brochures: 1
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For SalePOA
Must See
A unique opportunity to acquire a site suitable for a range of uses including residential (STP)

• Site extends to approximately 0.44 hectares (1.09 acres)
• Positive pre-application letter for 6 dwellings
• Information Pack available
• For sale by Private Treaty
• Price on Application
Purfleet, Essex, Land for Sale
Type: Residential
Location: Church Hollow, Purfleet, RM19 1QJ
Size: 1.09 Acres
Images: 1
View Property
For Sale£800,000.00
The property comprises an attractive Grade II Listed school building that dates from circa 1870 and is in a Victorian Gothic style with Kentish ragstone elevations. Planning was granted on 1 May 2018 for 5 self-contained new flats and 3 new dwellings in former playground with associated parking and new vehicular access. We understand that there is no affordable housing requirement for the consented scheme and no Section 106 obligations.
Former Archbishop Courtenay School
Type: Residential
Location: Former Archbishop Courtenay School, Maidstone, ME15 6YH
Images: 1
Brochures: 1
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Under OfferFor rent: ROAFor sale: POA
**PLEASE NOTE BID DATE NOW CLOSED**

The property comprises a modern 2 storey building of brick construction beneath a pitch tiled roof built in 1996 that sits on a rectangular site that extends to approximately 0.6 acres (0.25 ha).

The property is accessed from the rear via St Ronans View and benefits from a low site coverage that currently provides excellent parking for approximately 47 cars together with outside play space.

Internally the property offers flexible space that includes day rooms, offices, consulting rooms, classroom and stores with a kitchen, male, female and disabled W/C facilities on both floors.
( Agency Pilot Software Ref: 36075 )
ST RONAN'S VIEW, EAST HILL, DARTFORD, DA1 1SN
Type: Office, Land, Residential, Residential, Land, Offices, Commercial Land
Location: ST RONAN'S VIEW, EAST HILL, DARTFORD, DA1 1SN
Size: 5440 Sq Ft
Images: 3
Brochures: 1
View Property
For SalePOA
Must See
Welling, 107-113 Central Road DA16 3BG (London Borough of Bexley)

Existing building with outline planning permission for 7 flats

Formal bids Friday 30th November
Residential Development Site FOR SALE
Type: Residential Land, Residential
Location: 107-113 Central Avenue, Welling, DA16 3BG
Images: 1
View Property
For Sale£1,850,000.00
The property comprises an attractive terrace of 10 deceptively spacious, wonderfully characterful properties of which there are seven 3 bedroom houses and three 2 bedroom houses, one of which also provides a small retail unit currently used as a post office.

No. 1 and 4 are both sold off on long leases, No. 3 is let to Andrew Henry Charles King and Christine King for a term of 5 years from November 2016 on internal repairing terms and the remaining seven properties are let on Assured Shorthold Tenancies, where the tenants are holding over, apart from No. 8 and 9.

Total Annual Income: £86,360 per annum (We are of the opinion that the total rent should be in the order of £93,200 per annum if all units were let at current market rates).

Our client is seeking offers in excess of £1,850,000 (One Million Eight Hundred and Fifty Thousand Pounds) for the freehold, subject to contract and excluding VAT (which we do not believe to be applicable). A purchase at this price reflects an initial yield of 4.67% against the current income secured of £86,360 per annum with a reversionary yield of 5.04%.

Please see attached brochure for further information.
The Old Palace, High Street, Brenchley, Tonbridge TN12 7NL
Type: House, Retail - High Street, Mixed Use, Residential, Retail, Other Property Types & Opportunities
Location: 1-10 The Old Palace, High Street, Old Palace, Tonbridge, TN12 7NL
Size: 11040
Images: 7
Brochures: 2
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For SalePOA
RARE UNBROKEN MIXED USE FREEHOLD

TO BE SOLD WITH VACANT POSSESSION
LOCATION

The property is located in Sevenoaks, a popular commuter belt town in West Kent known for its affluent population and excellent schools.

The property is situated in the northern part of the town, close to Bat & Ball Station and Sevenoaks Hospital. The property occupies a highly prominent corner position at the junction of St John’s Hill (A225) and Wickenden Road.

The A25 is 300 yards to the north and the property is within 1/3rd mile from Bat & Ball Railway Station. Sevenoaks Town Centre is around 1 mile to the south with access to the M25 at Junction 5 approx. 2 ½ miles to the west.

DESCRIPTION

The property comprises a semi-detached corner building. 121, 123 and 125 Wickenden Road previously formed three lock-up shops. These have been redeveloped to extend the retail unit at 114 St. Johns Hill at ground floor level. A new two bed flat has been built at first floor level.

The upper parts of 114 St. John’s Hill have also recently been converted to form a 2 bed flat. Both flats benefit from allocated parking, a contemporary fit out and self-contained entrances.

The retail unit is currently trading as a café, with ancillary children’s play area that is also utilised for private hire events.

RECENT PLANNING HISTORY

121, 123 & 125 Wickenden Road

Removal of condition 5 (Code for Sustainable Homes) of SE/14/03823/FUL for Demolition of 3 No existing retail units (converted garages) and erection of 1No new retail unit on the ground floor and a 2-bed residential unit on the first floor with parking to the front.
Ref. No: 15/01780/CONVAR | Received: Thu 11 Jun 2015 | Validated: Thu 11 Jun 2015 | Status: Granted

Demolition of 3 No existing retail units (converted garages) and erection of 1No new retail unit on the ground floor and a 2-bed residential unit on the first floor with parking to the front.
Ref. No: 14/03823/FUL | Received: Mon 08 Dec 2014 | Validated: Mon 08 Dec 2014 | Status: Granted

Demolition of 3 No existing retail units (converted garages) and erection of 2 No new retail units on the ground floor and a 2-bed residential unit on the first floor with garage to rear on the ground floor.
Ref. No: 14/01296/FUL | Received: Wed 30 Apr 2014 | Validated: Mon 12 May 2014 | Status: Granted

114 St John’s Hill

Change of use from A1 (Shops) to A5 (Hot Food Takeaway).
Ref. No: 14/00187/FUL | Received: Fri 24 Jan 2014 | Validated: Thu 13 Feb 2014 | Status: Granted

Prior notification for change of use from office to residential. This application is made under class O of the Town and Country Planning (General Permitted Development) (England) Order 2015.
Ref. No: 15/03499/PAC | Received: Mon 09 Nov 2015 | Validated: Mon 09 Nov 2015 | Status: Decided

RATES & COUNCIL TAX

From the VOA website, the ground floor retail premises have the following Rateable Values (UBR 2018/ 2019 48.0p in the £):-

Description – Shop & Premises
Rateable Value - £12,000

Please rely on your own investigations.
PRICE

Offers in excess of £750,000 exclusive, for the freehold interest subject to contract.

(Offers will also be considered for parts of the property e.g. individual flat, the retail unit etc.)

VAT

We understand VAT will be applicable.

TIMING
Upon completion of legal formalities.

LEGAL COSTS

Each party to bear their own legal costs.

VIEWING

Strictly by appointment through sole agents. For further information or viewing please contact BRACKETTS:

Jeffrey Moys
Tel: 01732 350503
Email: jmoys@bracketts.co.uk

John Giblin
Tel: 01732 350503
Email: jgiblin@bracketts.co.uk
114 ST JOHN’S HILL & 121, 123 & 125 WICKENDEN ROAD SEVENOAKS, KENT, TN13 3PD
Type: Mixed use, Retail, Residential, Office, Other Property Types & Opportunities, Offices
Location: 114 St. Johns Hill, TN13 3PD
Images: 1
Brochures: 1
View Property
For Sale£750,000.00
A planning consent has now been granted to convert the ground floor only to two residential apartments.

Located within the Post Office Square development on Vale Road, within the town centre and just a few minutes away from the train station. Vale Road connects the train station to the old High Street with its wide range of retail and leisure facilities. Torrington public car park adjoins Post Office Square.

The property comprises a fully functioning health club and spa arranged over 2 floors:
G - reception, dance / yoga studio with kitchen, gym suite, 3 treatment rooms, office.
LG - swimming pool, jacuzzi, sauna and steam rooms, 3 further treatment rooms, ladies and gents changing rooms and showers. Plant room and ancillary stores.

To be sold with vacant possession - fixtures, fittings and equipment available by separate negotiation.

There is potential to convert all or part to either alternative commercial uses and / or residential - subject to all necessary planning and Freeholder approvals.
Vale Road, Tunbridge Wells, TN1 1BP
Type: Retail, Leisure, Office, Residential, Offices
Location: The Royal Retreat, Vale Road, Tunbridge Wells, TN1 1BP
Size: 5794 Sq Ft
Images: 3
Brochures: 1
View Property
For Sale£195,000.00
Falmouth Stores is situated in the centre of Five Oak Green overlooking the village green. The village is approx 4.5m east of Tonbridge and convenient for the A21 and A26 roads. The nearest main line train station is at Paddock Wood (2.5m).

The property comprises an attached single storey commercial premises currently trading as a café / delicatessen with a large front forecourt area for outside seating and parking.

Internally there is a principal open plan sales area with large display windows, a separate office, kitchen, stores and a WC.

Suitable for a wide range of alternatives uses (including retail / showroom, office, medical use, health & beauty, etc) there is also potential to extend into the front forecourt and explore a change of use / planning approval to residential – all subject to obtaining the necessary planning consent.
Whetsted Road, Tonbridge, TN12 6RS
Type: Residential, Retail, Office, General Retail, Retail - Out of Town, Restaurant/Cafes, Land, Healthcare, Showroom, Other, Restaurant/Cafes, Restaurant/Cafes, Offices, Commercial Land, Other Property Types & Opportunities
Location: Falmouth Stores, Whetsted Road, TN12 6RS
Size: 672 Sq Ft
Images: 3
Brochures: 1
View Property
For Sale£25,000,000.00
The site extends to around 30.47 hectares (75.29 acres) and comprises a former cement works and chalk quarry. It is comprised of three main parts, set to the north and south of the B2175 with inter-connecting tunnels providing access between the parcels.

The land to the north was formerly the cement works, the majority of which has now been cleared and is surfaced with a mix of concrete and crushed hard standing. All of the former buildings on site have been demolished and cleared.

There are chalk cliffs to the southern edge of the northern parcel and as such this art sits below the B2175 having been excavated at some point prior to being a cement works. Access to the site is provided from the A226 (Thames Way) with additional access also possible from Grove Road to the north west.

We understand that both parcels of land to the south of the B2175 known as Church Path Pit and Vineyard Pit were formerly part of the cement works, until
commercial operations ceased. There are no buildings on site and they currently comprise undeveloped scrubland. These two parts of the site are connected to
the northern part via tunnels through the chalk cliff, set beneath the B2175.

To the north west of the former cement works is a small redundant industrial yard and a car park, part of which is also included within the ownership.
Northfleet Embankment West
Type: Mixed Use, Land, Residential, General Industrial, Office, Other Property Types & Opportunities, Commercial Land, Industrial, Offices
Location: UNDER OFFER Northfleet Embankment West, Northfleet, Gravesend, DA11 9PH
Size: 75.29 Acres
Images: 7
Brochures: 1
View Property
For Sale£180,000.00
FOR SALE – RESIDENTIAL DEVELOPMENT OPPORTUNITY
PLANNING CONSENT GRANTED FOR A TWO BEDROOM DWELLING
Land adjacent to 9, Brackenhill Close, Bromley, BR1 4AL
Type: Residential, Residential Land, Design & Build, Research & Development, Other Property Types & Opportunities
Location: Land adjacent to 9 Brackenhill Close, Bromley, BR1 4AL
Images: 1
Brochures: 2
View Property
For Sale£425,000.00
DEVELOPMENT OPPORTUNITY
(SUBJECT TO PLANNING)
Approx. 2,625 SQFT (243.9 SQM)

FREEHOLD
FOR SALE
LOCATION

Royal Tunbridge Wells is situated in West Kent, close to the border with East Sussex and at the northern edge of the High Weald Area of Outstanding Natural Beauty. Tunbridge Wells Borough has a resident population of around 100,000 people; the town itself comprises a population in the order of 56,000.

The town’s mainline station provides regular services to London Bridge, Cannon Street, Waterloo East and Charing Cross Stations to the north (approximately 45 – 60 mins), and Hastings to the south (40 mins). The town is located on the A26, which links via the A21 dual carriageway with Junction 5 of the M25 motorway.

The town is known as a shopping destination and is one of the most important retail and leisure centres in Kent, and arguably for the area between London and Hastings. The Royal Victoria Shopping Centre to north of the town has approximately 100 stores and services. The historic Pantiles Parade and High Street are situated to the south, and are well known for the excellent selection of boutique shops, restaurants and bars.
SITUATION

The property is situated on the southern side of Church Road, close to the town centre and the junction with the A26. This section of Church Road comprises a mix of residential, office, leisure and residential uses, and is characterised by its Georgian and Victorian architecture. Tunbridge Wells Station is within an approximate 7-minute walk of the property, which provides regular train services to central London.
DESCRIPTION

An attractive end of terrace Victorian bay fronted property constructed of predominately-painted brickwork under a pitched slate roof.

The property is currently arranged as a ground floor restaurant with part basement and non self-contained living accommodation over first and second floor levels. There is a small yard to the rear.
TENURE

Freehold

TENANCY

To be sold with vacant possession.

PLANNING

English Heritage Listed Status

The property is not listed.

Conservation Area

The property is within the Royal Tunbridge Wells Conservation area.

All parties must rely on their own investigations.

Subject to planning and any other necessary consents, the property might be suitable for a range of alternative uses including full residential conversion.

COUNCIL TAX

The Flat at 31 Church Road is listed on the VOA as being within Council Tax band B.

BUSINESS RATES

The current rateable value is listed as £8,400.

ENERGY PERFORMANCE CERTIFICATE (EPC)

Rated D 76

VAT

The property is not elected for VAT

PROPOSAL

We are instructed by our clients to seek £425,000 exclusive for the freehold interest in the property, subject to contract.

31 CHURCH ROAD, ROYAL TUNBRIDGE WELLS, KENT, TN1 IJT
Type: Retail, Leisure, Residential, Office, Offices
Location: 31 Church Road, TN1 1JT
Size: 2625 Sq Ft
Images: 1
Brochures: 1
View Property
For Sale£275,000.00
FOR SALE

DOUBLE BUILDING PLOT
TO BE SOLD WITH
PLANNING CONSENT
FOR
TWO THREE-BEDROOM HOUSES
ON A SITE OF 0.165 ACRES
(0.0667 HECTARES)

GUIDE PRICE
IN EXCESS OF £275,000
SUBJECT TO CONTRACT

FREEHOLD WITH VACANT POSSESSION

LOCATION

The site is situated in a convenient residential area of 1950s/60s two storey dwellings and being approx. 0.4 miles from the centre of Paddock Wood. The village provides good shopping facilities Waitrose supermarket, restaurants, pubs, banks and cafes.
Paddock Wood provides a primary school along with Mascalls Academy for senior pupils. Nearby the Hop Farm Park provides a variety of family activities.
Paddock Wood main line railway station is approx. 0.5 miles providing fast and frequent services to London which can be reached in about 1 hour.


DESCRIPTION

Detailed planning consent was granted by Tunbridge Wells Borough Council under ref. nos. 17/01423/FULL and dated 30th June 2017 for the demolition of the existing garages and the erection of a pair of 3 bedroom semi-detached houses together with 7 car parking spaces.

The site is roughly rectangular in shape and approx. 0.165 acre, being generally flat and approached via a single width drive running between 15 & 17 Tutsham Way.
Currently the land is occupied by some 23 garages with concreted hard standing and turning area. There are a number of gates from adjoining properties and also a footpath from the adjacent road to the North West giving access through the site.

ACCOMMODATION

As drawn, the two houses will have the following accommodation:

Ground Floor - Entrance Hall, WC, kitchen & living room with dining area.

First Floor - 3 bedrooms, and family bathroom

7 car parking spaces


FLOOR AREA

We estimate the two houses will have the following approx. gross internal floor areas:

Unit 1 (LHS) 1055 sqft 98 sqm
Unit 2 (RHS) 1055 sqft 98 sqm
SITE AREA

We understand the site area is 0.165 acres (0.0667 hectares).


SERVICES

Prospective purchasers will need to satisfy themselves as to the adequacy and availability of mains services.

LOCAL AUTHORITY

Tunbridge Wells Borough Council
Town Hall
Tunbridge Wells
Kent, TN1 1RS
PRICE

Offers are invited for the freehold interest in excess of £275,000 subject to contract and an unconditional basis.

VAT

The price will not be subject to VAT.

LEGAL COSTS

Each party to bear their own legal costs.

VIEWING

The site is available for inspection at any time.
GARAGE SITE, TUTSHAM WAY PADDOCK WOOD TONBRIDGE, KENT
Type: Residential, Land, Commercial Land
Location: Garage Site, Tutsham Way, Tonbridge, TN12 6UA
Images: 2
Brochures: 1
View Property
For Sale£125,000.00
FREEHOLD FOR SALE - RETAIL INVESTMENT OPPORTUNITY
53, Days Lane, Sidcup, DA15 8JL
Type: Retail, Flat, Retail - Out of Town, Residential
Location: 53 Days Lane, Sidcup, DA15 8JL
Size: 294 Sq Ft
Images: 1
Brochures: 1
View Property
For Sale£525,000.00
Main Orsett Road
Freehold
Rental income of £30,000pa
Excellent Buy to Let Investment
Viewing STRICTLY by Appointment


Ground Floor Mini Market :
Around 1000 sqft
7 units of 120sqft each
Rented commercial units on license to occupy
Ideal for Grocery shop

First Floor Maisonette :
One bedroom spacious Maisonette
First Level :
Lounge: 15 x 12
Kitchen and Diner : 10 x 9
Toilet & Bathroom

Second Level:
Bedroom: 14 x 12

For viewing please contact Dee Estates on:
0207 060 3366 – 07711 222 900
(Monday to Saturday STRICTLY between 9am to 7pm)




NOTICE:-
You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the Dee Estates UK Ltd express prior written consent. The Dee Estates UK Ltd copyright must remain on all reproductions of material taken from this website or any other source.

DISCLAIMER:
We have tried to make our property particulars correct and reliable however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective renter only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Kindly inform us if you become aware of any information being inaccurate.
Commercial and Residential unit in the heart of Grays town-- Freehold--Viewing STRICTLY by Appointment
Type: Flat, General Retail, Residential, Retail
Location: Orsett Road, Grays, RM17 5DL
Size: 2000 Sq Ft
Images: 14
View Property
For Sale£490,000.00
A fully let freehold investment property for sale comprising properties at both 82 and 82a Victoria road.

82 Victoria road comprises a ground floor shop, rented by a ballet clothing company, The property includes significant storage space in the basement below and is let on a long peppercorn lease.

82a is composed of a fully fitted restaurant & takeaway on the ground floor and a 2 bedroom flat situated on the first floor. The property is let on a Full Repairing and Insuring lease for 21 years (18 years unexpired) at a rent of £28,600 pax. The next rent review is April 2021. The lease is held outside the Landlord & Tenant Act (as amended). The restaurant has seen extensive renovations as part of this letting.
Investment For Sale - Retail & Residential Freehold
Type: Flat, General Retail, Restaurant/Cafes, Mixed Use, Other, Restaurant/Cafes, Residential, Retail, Other Property Types & Opportunities
Location: 82a Victoria Road, TN1 2PW
Size: 2151 Sq Ft
Images: 6
Brochures: 2
View Property
For SalePOA
Location
Originally part of an industrial area, but now surrounded by various residential and care home developments, together with Landsdowne Primary Academy. Positioned a short distance from the A1089 (Dock Road), approx. 3 miles from the A13. Tilbury Town Train Station lies within walking distance providing a service to London (Fenchurch Street) in approximately 41 minutes.

The property
A detached self-contained warehouse benefitting from a large fenced and gated yard. Access is provided by two electrically operated loading doors. Internally there are offices and welfare facilities.

Accommodation Measured in accordance with the RICS Code of Measuring Guide the approximate gross internal floor area is:
Unit 11,000 sq ft 1023 sq m
Yard 7,000 sq ft 651 sq m

The lease
Let to Messrs Rashid and Noreika for 5 years from 3rd March 2015 at £45,000pax from 1st March 2018. The lease is full repairing and insuring, subject to a schedule of condition. It is contracted outside the renewal provisions of the Landlord & Tenant Act and includes a tenant option to purchase.

The tenant
The use currently undertaken is that of the repair and maintenance of home delivery vehicles. A rent deposit of £11,250 is held.

Figures
£925,000 is sought for the freehold interest subject to contract and the lease described above. A purchase at this level reflects a net initial yield of 4.65%, allowing for purchaser’s costs of 4.5%, equating to a realistic capital value of £84 per sq ft.

We consider the current rental value to be in the order of £75,000 pax. A rental of this level would provide a net reversionary yield of 7.76%.

Legal Costs
Each party is to be responsible for the payment of their own legal costs.

Business rates
The Rateable Value is £25,500 (17/18).

EPC
The EPC rating is D80.


Recent development adjacent the property.


Agent’s Note
All figures quoted are exclusive of Vat (if applicable)
No warranty is given in respect of the current planning use.
None of the amenities or fixtures and fittings have been tested.

Enquiries/viewing
Viewing is strictly by prior appointment only. Please contact us on 01708 860696 or email: jb@branchassociates.co.uk
Industrial Investment FOR SALE *Reduced*
Type: Other, Residential, Other Property Types & Opportunities
Location: 12 Lansdowne Road, Tilbury, RM18 7QB
Size: 11000 - 18000 Sq Ft
Images: 1
Brochures: 1
View Property
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