Commercial development for sale
Bridge House, 97-101 High Street, Tonbridge, Kent, TN9 1DR
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Commercial development for sale
Description
Tonbridge is a principal town in Northwest Kent, 35 miles southeast of London and located just to the east of the A21(T), approximately 3 miles to the northeast of Tunbridge Wells, 7 miles southeast of Sevenoaks and around 10 miles south of junction 5 of the M25. There is easy access to Gatwick Airport being 28 miles to the west, and Folkestone Eurotunnel 50 miles to the east.
Description
Bridge House is a town centre, newly converted and extended office to residential development, now comprising 19 apartments - 7 no. 1 bedroom apartment & 12 no. 2 bedroom apartments, and 9 undercroft parking spaces and lift, along with a ground floor retail unit.
Situated in the affluent town of Tonbridge in northwest Kent - 35 miles from central London. Junction 5 of the M25 is 10 miles to the north and London Bridge Station is 33 mins on the train. Current rental income - £309,500 per annum, with annual CPI linked increase (caped at 4% pa). Fully let to Tonbridge & Malling District Council. Estimated Gross Development Value estimated to be in the region of £7,000,000.
Brochures
Bridge House, 97-101 High Street, Tonbridge, Kent, TN9 1DR
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Tonbridge Station0.4 miles
- Hildenborough Station2.4 miles
- Leigh Station2.8 miles
Notes
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