112 High Street, Sevenoaks

The property comprises a ground floor retail unit with first floor ancillary accommodation over. The building has brick elevations and a pitched tiled roof.

Internally the ground floor provides good open plan retail accommodation and has a frontage to the High Street of some 25 feet. To the rear of the property is a service yard, which provides rear loading and parking facilities and is shared with the adjoining occupiers.

The subject property is located on the eastern side of High Street opposite Bank Street, one of the main pedestrianised streets linking High Street with Blighs Meadow Shopping Centre. The property has the added benefit of being immediately adjacent to the town’s bus station and one of the major car parks.

The High Street comprises a strong mix of national and independent retailers, restaurants, and coffee shops. The property adjoins Boots Pharmacy, is opposite Oliver Bonas & Mint Velvet, Toni & Guy and is within immediate proximity of Poundland, Tesco and Cote.

Highlights

Investment Summary

• Prominent town centre location & highly affluent local catchment
• Attractive character property
• Freehold
• Entirely let to Cobra Coffee Limited t/a Starbucks until 5th April 2031, with Southern Cooperative Ltd as Guarantor
• Residential conversion potential for upper floors STPP
• Rent £65,000 per annum
• Offers are invited in excess of £1,100,000 reflecting a NIY of 6%

Location

In 2020 the town was named by The Sunday Times as one of the Best Places to Live in Britain. The town is set in beautiful countryside, has enviable schools, a strong community spirit and an excellent range of local shops and services.

Green Belt Commuter Town

Sevenoaks is located in the south east section of London’s ‘Green Belt’, 28 miles south east of Central London. The nearest major towns are Maidstone, 14 miles to the east and Tunbridge Wells, 11 miles to the south. The town enjoys exceptional road and rail communications which has made it a highly sought after commuter town. It is less than 2 miles from Junction 5 of the M25, at its junction with the A21.

This provides quick access to the UK’s motorway network and all London’s major airports (Gatwick, Heathrow, Stansted and Luton) are within an hour’s drive time outside of peak rush hour.

Sevenoaks has a mainline railway station and up to 12 trains per hour run to London (Charing Cross and London Bridge) with journey times from only 20 minutes.

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Contact

Craig Van Straten
Tel: 020 7355 8080
Email: craigvanstraten@johndwood.com

Jacob Haftel
Tel: 020 7629 9050
Email: jacobhaftel@johndwood.com