UNDER OFFER
2 CHURCH LANE, EAST PECKHAM, KENT TN12 5JH, East Peckham

2 CHURCH LANE, EAST PECKHAM, KENT TN12 5JH
Location East Peckham
Floor Area Ground Floor Offices - 70.37 sq.m / 757 sq. ft. (NIA)

First Floor Flat - 73.58 sq.m / 792 sq. ft. (GIA)


Tenure Freehold
Description We are instructed to guide a price of 395,000 for the Freehold interest.
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LOCATION

2 Church Lane is located in the village of East Peckham. The village benefits from range of local shops, eateries and facilities.

Tonbridge, Paddock Wood, Sevenoaks, Royal Tunbridge Wells and Maidstone are within a 30 minute drive of the property and have extensive amenities with excellent shopping and leisure facilities.

Tonbridge and Paddock Wood have regular train services to central London. There is a small Primary school in the village. A number of secondary schools are situated nearby in Paddock Wood and Tonbridge.

A228 dual carriageway East Peckham bypass is located a short distance from the property, accessed via Hale Street. The A21 is around 9 miles to the south and the M26/M20 motorways at Wrotham Heath are around 8 miles to the north.

Paddock Wood is around 3 miles away providing a good range of local shops and Waitrose Supermarket as well as High Street banks. Paddock Wood also has a main line station serving London stations and Ashford.

DESCRIPTION

A circa 1970s built detached mixed use building comprising offices at ground floor level and a 2 bed flat at first floor. There is a small paved garden to the rear and the building benefits from a garage that is let within the residential flat tenancy.

There is block parking space for approximately 6 cars to the front of the property. The flat has one car parking space.

There is an area of open space to the rear of the office suite of approximately 700 sq. ft.

First Floor Flat

The first floor flat is accessed via a self-contained entrance located at the western side of the property. The flat comprises 2 double bedrooms with separate bathroom, kitchen and large living room. The flat is a good size being in the order of 800 sq. ft. 

Ground Floor Offices

Well presented office accommodation providing open plan office space in the main with two smaller partitioned rooms. The offices also include a WC and a large kitchen / break out area. The offices might have the potential to be converted to a flat subject to obtaining planning permission.

TENANCIES

First Floor Flat

Currently let on a Periodic Tenancy at a passing rent of £9,360 per annum.

Ground Floor Offices

Tenant: C. Petty
Lease: 3 years from 3rd August 2019 expiring 2nd August 2022 outside the L & T Act 1954.
Repairs: Internal repairing & insuring including windows
Use: B1/A2 Office
Break clause: The lease is subject to a mutual landlord and tenant break option at anytime subject to giving 3 months notice.  
Rent Review: 3rd August 2020 and 3rd August 2021
Passing Rent: £10,000 per annum paid quarterly in advance.

PRICE

The combined rent from the two tenancies is £19,360 per annum

We are instructed to guide a price of £395,000 for the Freehold interest.

VAT

We are advised by our client that it has not waived its exemption from VAT; therefore, VAT will not be applicable.

LEGAL COSTS

Each party to be responsible for their own legal costs.

VIEWING

Strictly by appointment through sole agents Bracketts – 01732 350503.

Contact:

 Jeffrey Moys

Email: jeff@bracketts.co.uk

John Giblin

Email: john.giblin@bracketts.co.uk

September 2019  

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For more information on this property, please contact:

Jeff Moys
Bracketts Tonbridge office

Phone (01732) 350503

jmoys@bracketts.co.uk