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150-152 High Street, Tonbridge

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Development, Investment, Residential, Retail / Leisure

property

in Tonbridge
, Kent
6,861 Sq Ft

Property Features

  • FREEHOLD MIXED USE INVESTMENT SALE
  • AFFULENT KENT COMMUTER TOWN
  • PRODUCING £118,840 PA INCOME
  • 4 X 1 BEDROOM FLATS ALL LET ON AST
  • DEVELOPMENT POTENTIAL STP

Description

Full Details

This prominently positioned mid-terrace, two-storey property of traditional construction comprises a ground-floor commercial unit together with four self-contained residential apartments on the upper floors.

The commercial premises have been fitted out to a high standard and currently operate as an attractive restaurant/café trading as Havet. The restaurant accommodation includes a customer dining area to the front, complemented by an open-plan kitchen, food preparation areas, storage facilities, and separate customer and staff WC facilities to the rear.

The unit benefits from a highly visible glazed frontage incorporating double-glazed windows and entrance doors, providing excellent prominence and natural light.

The upper floors comprise Sterling House, a well-established residential investment created through the conversion of former office accommodation into three self-contained one-bedroom apartments and one two-bedroom self-contained apartment, with a well-presented communal entrance.

Each apartment is let on a separate Assured Shorthold Tenancy (AST), providing a diversified and established income stream.

Location
150 – 152 High Street is situated directly on the High Street, whereas Stirling House has is accessed via Jeffreys Passage (which is a pedestrian alley linking Bank Street to High Street). The property(s) are located to the Northern end of High Street, around 0.4 miles from Tonbridge Station, and close to the town’s shops.

Tonbridge is a thriving market town with a resident population of approximately 40,000. The town offers an excellent range of retail and leisure facilities with many High Street stores, banks and building societies, together with a selection of coffee shops, restaurants and local pubs. Tonbridge mainline station provides fast commuter links into London (Cannon Street/London Bridge/Charing Cross in approximately 35 – 50 minutes) with road links to the M20 & M25 motorways via the nearby A26 and A21 dual carriageways.

Available Area

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Tenurestenure
FOR SALE Total NIA approx. 637.43 m2 (6,861 sq. ft) Freehold mixed-use investment with development potential (STP)

AVAILABLE

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Tonbridge
132 High Street, Tonbridge, Kent, TN9 1BB

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