16 & 16A HIGH STREET, OTFORD, SEVENOAKS, KENT, TN14 5PQ OTFORD, SEVENOAKS, KENT INVESTMENT FOR SALE

JULY

RETAIL & RESIDENTIAL INVESTMENT 16 & 16A HIGH STREET, OTFORD, SEVENOAKS, KENT, TN14 5PQ

GUIDE PRICE £525,000 16 & 16A HIGH STREET, OTFORD, SEVENOAKS, KENT, TN14 5PQ INVESTMENT FOR SALE

LOCATION ACCOMMODATION FEATURES Otford is a highly attractive, thriving west-Kent village situated in the SHOP/RETAIL 33 Period Property shadow of the North Downs, approx. 3.5 miles north of Sevenoaks town An immaculately presented ground floor lock-up shop unit with glazed 33 Mixed-use Investment centre. Grouped around the village pond, with its Listed duck house, shop front and entrance door. The property benefits from exposed the village centre is very picturesque with a wide range of architectural beams, plastered ceiling with recessed spot lights & laminate flooring. 33 Current Income £27,800 per year styles from the 16th centyury on. There is a kitchen and Cloakroom/Wc to the rear. Parking for one car. 33 Available as a whole or in part DESCRIPTION FLAT/APARTMENT 33 Affluent west-Kent village Comprises a traditionally built two-storey, period property with a mix A large, split-level apartment, with living room, kitchen/breakfast of tile-hung, weatherboarded, brick and rag stone elevations under a room, bathroom and bedroom to first floor and a further bedroom tiled pitched roof. The property has been extended to the rear and now within the roof space, which has the benefit of direct access to the roof provides a self-contained retail unit at ground floor and a large, self- terrace. Externally there is an attractive courtyard garden and parking contained, two-bedroom flat above. for one car.

ACCOMMODATION TERMS With approx. floor areas: The property is for sale either as a whole or in part: Use Sq ft Sq m Guide Price/s Retail 537 49.9 Whole £525,000 Parking 1 car Shop/Retail £250,000 Flat/Apartment £300,000 ENERGY PERFORMANCE CERTIFICATE (EPC) Residential 1,007 93.6 Parking 1 car Shop: Awaited LEGAL COSTS Flat/Apartment: Rating D 70. LEGAL/LEASES/TENANCIES Each party to pay their own costs. VIEWING SHOP/RETAIL By prior appointment with the sole agents: Held freehold and is let on an internal repairing and insuring lease for RATING a term of 7 years from 8th June 2016, at a rent of £14,000 per annum Salisbury & Co. 01732 463 205 exclusive, subject to review in June 2019. The lease conatins a tenant Shop: e: [email protected] only break clause, operable at any time after 30th November 2019, on Ratebale Value £9,900 [email protected] giving not less than 6 months prior written notice. Flat/Apartment:

FLAT/APARTMENT Band C Held on a 99 year lease from September 2009 at a rent of £150 per annum, doubling every 25 years. The flat has been sublet on an Assured VAT Shorthold Tenancy, expiring on 29th July 2016 at a rent of £1,150 per We are advised that the property has not been elected for VAT purposes. calendar month. We have been advised that the current tenants are looking to remain in occupation until at least September 2016. 16 & 16A HIGH STREET, OTFORD, SEVENOAKS, KENT, TN14 5PQ INVESTMENT FOR SALE

SHOREHAM

OTFORD HEVERHAM

BOROUGH GREEN

CHIPSTEAD

SEVENOAKS

HILDENBOROUGH 149 High Street, Sevenoaks, Kent TN13 1XJ Email: [email protected]

IMPORTANT NOTICE The accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein is not guaranteed and is for general guidance only and prospective purchasers or tenants must not rely on them as statements of fact or representations and must satisfy themselves as to their accuracy. Neither Salisbury & Co. Ltd nor any of their employees or representatives has any authority to make or give any representation or warranty or enter into any contract whatever in relation to the property. Prices quoted in these particulars may be subject to VAT in addition. The reference to any mechanical or electrical equipment or other facilities at the property shall not constitute a representation (unless otherwise stated) as to its state or condition or that it is capable of fulfilling its intended function. Prospective tenants/purchasers should satisfy themselves as to the fitness of such equipment for their requirements. Salisbury & Co. is the trading name of Salisbury & Co. Ltd. Registered in England Company No. 05291959. Registered Office: Rutland House, 44 Masons Hill, Bromley, Kent BR2 9EQ.