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158 High St 3,804 SF 100% Leased Retail Building Tonbridge TN9 1BB $806,441 ($212.00/SF) 5.42% Cap Rate
INVESTMENT HIGHLIGHTS
- FREEHOLD INVESTMENT SALE
- PRODUCING £32,500 PA INCOME
- AFFLUENT KENT COMMUTER TOWN
- DEVELOPMENT POTENTIAL STP & VP
EXECUTIVE SUMMARY
158 High Street
A mid-terrace three storey property with basement. The building has been divided to comprise a split level ground floor, first floor, second floor and basement. The ground floor provides split floor accommodation and is fully fitted as estate agents. The first and second floors comprise of office accommodation with a number of cellular rooms on each floor. There are two entrances leading directly from the High Street, one into the Ground Floor accommodation and another to the upper accommodations.
2A Bank Street
The property comprises a 2-storey period building of brick construction providing office cellular office space to the first floor (accessed via an entrance hall from Jeffreys Passage), which is let to Burns & Co (Accountants) Ltd. Directly beneath the offices, fronting Bank Street is a garage which is accessed via two garage doors. The accommodation is let to Warners Law LLP for storage. Subject to contract and proof of funds We are advised that mains services are connected, albeit there is no Gas provision at the property.
A mid-terrace three storey property with basement. The building has been divided to comprise a split level ground floor, first floor, second floor and basement. The ground floor provides split floor accommodation and is fully fitted as estate agents. The first and second floors comprise of office accommodation with a number of cellular rooms on each floor. There are two entrances leading directly from the High Street, one into the Ground Floor accommodation and another to the upper accommodations.
2A Bank Street
The property comprises a 2-storey period building of brick construction providing office cellular office space to the first floor (accessed via an entrance hall from Jeffreys Passage), which is let to Burns & Co (Accountants) Ltd. Directly beneath the offices, fronting Bank Street is a garage which is accessed via two garage doors. The accommodation is let to Warners Law LLP for storage. Subject to contract and proof of funds We are advised that mains services are connected, albeit there is no Gas provision at the property.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
3,804 SF
Building Class
B
Year Built
1910
Price
$806,441
Price Per SF
$212.00
Cap Rate
5.42%
NOI
$43,682
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.44
Lot Size
0.20 AC
AMENITIES
- Security System
- Signage
- Storage Space
- Smoke Detector
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NEARBY MAJOR RETAILERS
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VIDEOS
MATTERPORT 3D EXTERIOR
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158 High St
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