FOR SALE
Units 1 & 2 Cannon Bridge Industrial Estate Cannon Lane, Tonbridge, Kent, TN9 1PP, Tonbridge

Units 1 & 2 Cannon Bridge Industrial Estate Cannon Lane, Tonbridge, Kent, TN9 1PP
Location Tonbridge
Floor Area PRODUCTION FACILITY OR WAREHOUSING WITH OFFICES
TOTALLING AROUND
55,000 SQFT (5,109 SQM)
Or DEVELOPMENT OPPORTUNITY
ALL ON A SITE OF ABOUT 3.311 ACRES
(1.34 HECTARES)
Tenure Freehold
Description POA
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PRODUCTION FACILITY OR WAREHOUSING WITH OFFICES

TOTALLING AROUND

55,000 SQFT (5,109 SQM)

Or DEVELOPMENT OPPORTUNITY

ALL ON A SITE OF ABOUT 3.311 ACRES

(1.34 HECTARES)

LOCATION

The Cannon Bridge Industrial Estate is situated on the eastern side of Cannon Lane around 0.5 miles from Tonbridge town centre and Tonbridge mainline station.

Cannon Lane/Vale Road is the principal road running through the town’s industrial and distribution estates.

The A21 is around 1 mile to the south providing a direct dual carriageway link to Junction 5 of the M25 at Sevenoaks around 8 miles to the north.

DESCRIPTION

Comprises a range of interlinked former warehouse/industrial units all of concrete portal frame construction with two storey office accommodation to the side.

There are substantial yard areas to both the front and rear of the complex.

FLOOR AREAS

We estimate the total approx gross internal floor area of the entire complex to be 55,000 sq ft (5,109 sq m) – to be verified.

SITE AREA

We estimate the site area is approx 3.311 acres (1.34 hectares).

FOR SALE

Substantial offers are invited for the freehold interest.

SHORT TERM LETTING

A short term letting is in place for a period of 12 months expiring 28th June 2019 at £120,000 per annum – further details upon request.

BUSINESS RATES

From the VOA website the premises have a current rateable value of £206,000. The UBR for 2018/19 is 49.3p.

VAT

VAT will be payable on the purchase price.

PLANNING

Prospective purchasers are recommended to make their own enquiries of the local planning authority, but the site is considered to be suitable for either refurbishment or redevelopment for new warehouse and industrial or other commercial uses.

LOCAL AUTHORITY

Tonbridge & Malling Borough Council

Gibson Building

Kings Hill

West Malling

ME19 4LZ

EPC

Awaited.

Legal Costs

Each party to bear their own costs.

VIEWING

Strictly by appointment through sole agents Bracketts – 01732 350503.

Contact: Jeffrey Moys

Email: jeff@bracketts.co.uk

Or John Giblin

Email: john.giblin@bracketts.co.uk

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For more information on this property, please contact:

Jeff Moys
Bracketts Tonbridge office

Phone (01732) 350503

jmoys@bracketts.co.uk