Property Summary

The light industrial site comprises of 9 separate units. The front 2 units are with a detached single storey building. The remaining building are a mews style single and two storey units to the rear of the site.
There was planning consent to demolish and convert the single storey two front units, into a one bedroom apartment to the front, with a studio apartment to the rear, with a first floor two bedroom apartment above, under planning application number 18/00926/FULL, approval date 08/05/2018, now expired

Situation The property is situated in Southborough, which lies immediately to the North of Tunbridge Wells off the A26. Local amenities are situated on London road, which is just minutes away.

Planning The previous planning consent provides for 1 x studio apartment, 1 x 1 bedroom apartment and 1 x 2 bedroom apartment. All properties offer private entrance and open plan living.

Rents All the units are currently let on licence agreements of varying short terms, and produce a total gross income of £18,053.04 per annum.
A schedule of tenancies and rents are available on request.

Guide Price £400,000

type

On the Instructions of the Law of Property Act Receivers
Commercial investment with potential redevelopment

description

The light industrial site comprises of 9 separate units. The front 2 units are with a detached single storey building. The remaining building are a mews style single and two storey units to the rear of the site.
There was planning consent to demolish and convert the single storey two front units, into a one bedroom apartment to the front, with a studio apartment to the rear, with a first floor two bedroom apartment above, under planning application number 18/00926/FULL, approval date 08/05/2018, now expired

Situation The property is situated in Southborough, which lies immediately to the North of Tunbridge Wells off the A26. Local amenities are situated on London road, which is just minutes away.

Planning The previous planning consent provides for 1 x studio apartment, 1 x 1 bedroom apartment and 1 x 2 bedroom apartment. All properties offer private entrance and open plan living.

Rents All the units are currently let on licence agreements of varying short terms, and produce a total gross income of £18,053.04 per annum.
A schedule of tenancies and rents are available on request.

Guide Price £400,000