FREEHOLD OFFICE COMPLEX 5,362 sq ft (498 sq m) (PART LET) FOR SALE

est.1828 Downs Court, Yalding Hill bracketts Yalding, Maidstone, Kent, ME18 6AL

A rare opportunity to acquire a FREEHOLD OFFICE COMPLEX 5,362 sq ft (498 sq m) (20% LET)

FOR SALE PRICE: OFFERS OVER £985,000 plus VAT SUBJECT TO CONTRACT

Downs Court Yalding Hill Yalding Maidstone Kent ME18 6AL

brackettsest.1828

132 High Street Tonbridge Kent TN9 1BB Tel: (01732) 350503 Fax: (01732) 359754 E-mail: [email protected] www.bracketts.co.uk Also at 27-29 High Street, Tunbridge Wells, Kent Tel: (01892) 533733

EXECUTIVE SUMMARY

Freehold Office Business Centre Delightful Semi-rural Location 5,362 sqft (498 sq m) Up to 50 car parking spaces 0.6 acre (0.242 hectares) 80% Vacant Two lettings producing rent of £14,320 pa Offers over £1,100,000 plus VAT

LOCATION

Downs Court is in a semi-rural location 1.5 miles north east of The units are situated around a gravelled car parking area capable of Yalding on Yalding Hill, the B2010 between Yalding and Maidstone. accommodating up to 50 cars or so and have the following approx. net Downs Court is around 5 miles or so south west of Maidstone. Rail internal floor areas: services are available from Maidstone to London Victoria or Cannon Street with a journey time of around 60 minutes. Sqft Sqm Tenanted UNITS 1 & 2 DIRECTIONS Ground Floor 1,108 103 Vacant

First Floor 1,830 170 Vacant Proceeding from Yalding, continue on the B2010 for around 1.5 miles UNIT 3 975 91 Vacant which winds uphill, proceed past a small farm shop on the left hand side UNIT 4 409 38 Vacant and turn right along a gravel drive directly opposite a post box. Follow 410 38 Let the track round to the right, past Downs Farmhouse and the road UNIT 5 continues into Downs Court. UNIT 6 630 58 Let TOTAL 5,362 498 DESCRIPTION

Downs Court comprises a former range of agricultural barns and outbuildings converted in the 1990’s to provide a number of office units and further extended in 2010. The offices are principally of single storey construction and are of brick and timber frame below pitched tiled roofs.

Downs Court has a shared access with adjoining residential properties.

SITE AREA ENERGY PERFORMANCE CERTIFICATES

We estimate the property has a site area of 0.6 acres (0.242 EPC Ratings: Unit 1 & 2- C, Unit 3-D, Unit 4-C, Unit 5-C & Unit 6-C. hectares). Further details and EPC certificates available upon request.

AMENITIES/SPECIFICATION TITLE NOS

• Up to 50 car parking spaces The property is held under Title Nos K720102 and K731246. • 3 covered car ports BUSINESS RATES • Private drainage

• Propane fired central heating From the VOA Website with effect from 1.4.2017 the premises have the • Double glazed timber windows following Rateable Values:

FOR SALE Units 1 & 2 (known as The Granary & Wills Barn) £25,500

Freehold for sale with the benefit of vacant possession of Units 1-4 Unit 3 £9,800 and the two leases of Units 5 & 6 producing £14,320 per annum Unit 4 £5,600 combined. Unit 5 £5,000 Unit 6 £7,500 Offers invited in excess of £985,000 subject to contract plus VAT. LOCAL AUTHORITY OPPORTUNITY Maidstone Borough Council, Maidstone House, King Street, Maidstone Downs Court presents a superb opportunity for a company ME15 6JQ. seeking offices for its own occupation with 80% vacancy providing scope for further lettings and future expansion. LEGAL COSTS

TENANCIES Each party to be responsible for their own legal costs.

Unit 5 is leased on a Law Society lease for a 5 year term expiring VIEWING 30th June 2019 at £5,520 per annum payable monthly in advance. Strictly by appointment through sole agents Bracketts:- The lease is subject to rent review 1st July 2017. The lease is held on a full repairing basis and includes 3 car parking spaces. Telephone: 01732 350503 Jeffrey Moys on [email protected] Unit 6 is leased on a Law Society lease for a 6 year term expiring 311st October 2020 at £8,800 per annum payable monthly in advance. The lease is subject to rent review 1st November 2017. The lease is held on a full repairing basis and includes 6 car parking spaces.

Important Notice: Bracketts, their clients and any joint agents give notice that they have no authority to make or give any representations or warranties in relation to the property. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. The text, photographs and plans are for guidance only and are not necessarily comprehensive. Any areas, measurements or distances are approximate. It should not be assumed that the property has necessary planning, building regulation or other consents and Bracketts have not tested any services equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. Prices, rents or any other charges are exclusive of VAT unless stated to the contrary.