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Freehold Retail/Office Investment Property - Hadlow. Kent For Sale

Tonbridge, Kent, UK
Asking Price:
£550,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

ADVERT TEXT
MIXED-USE INVESTMENT FOR SALE

BUSINESS
Detached mixed-use period building arranged over three floors. Shop number 1 is let to The Village Bakers and shop number 2 is let to Marmaris Barbers. The self-contained first and second floor offices above are currently vacant (estimated rental value to be £20,000 per annum) and has the potential to be converted into residential, if required.
There is also a sizeable rear car park and two garages.

TURNOVER
Two shop units currently producing £20,000 pa with the offices vacant but estimated to produce another £20,000 pa when let.
Total income £40,000 pa when fully let.

TENURE
Freehold. We are advised that the two shop leases/tenancy agreements have expired and the tenants are now currently ‘holding over’. Contact us for further information.

EPC RATING
TBA

Property Information

Property:

Freehold

Location:

The building is situated in a prominent position on The Square/High Street (A26), between Church Street and Court Lane in the centre of Hadlow village in Kent. Neighbouring occupiers include a hair dressers, pharmacy, grocery store, post office, beauty salon, fish & chip shop, antiques shop and dental practice. Tonbridge mainline railway station is approximately four miles away, providing services to London Victoria, London Bridge, Redhill, Ramsgate, Folkestone and Hastings. There are also buses serving the area located on The Square nearby.

Premises Details:

Shop at no. 1 The Square 34.37 m2 370 ft2
Shop at no. 2 The Square 32.05 m2 345 ft2
First Floor Offices 59.46 m2 640 ft2
Second Floor Offices 50.17 m2 540 ft2

TOTAL 176.05 m2 1,895 ft2 N.I.A.

NB: There is also a rear car park and two garages

Contact Broker
Member ? This broker is part of BrokerCode, a BusinessesForSale.com initiative recognising brokers who commit to integrity, transparency, and professional standards.

This broker is part of BrokerCode, a BusinessesForSale.com initiative recognising brokers who commit to integrity, transparency, and professional standards.