Land For Sale £250,000
High Street, Sevenoaks TN15

A great opportunity to purchase both a multi purpose development with both short term returns and longer term yield.

A mixed use purchase with a commercial retail shop, currently trading as a card / gift shop offering a good rental yield plus development of a further two storeys into two residential one bedroom apartments that is currently awaiting planning approval. Any sale maybe subject to approval being granted.

Situated on an active Borough Green High Street close to a mix of outlets including the highly popular Plaxtol Bakery, Pharmacy, Newsagents and Restaurants the commercial opportunities will surely be well received.

Planning is being sought for the residential development of the two floors above to be converted into two individual one bedroom apartments, the smaller over one floor and a duplex apartment to the upper floor and roof space. Being situated close to the mainline train station to London Victoria and Charing Cross within 40 minutes travel these apartments are also sure to be popular.

Current Arrangement - The property has sole commercial use currently with a retail area with double bay frontage and central entrance, currently used as a gift / card shop. To the rear of the ground floor is a lobby giving access to the return staircase plus a kitchen area and wc. To the rear is a large service yard with access to a service road.

The first floor offers two main rooms with stairs from the ground floor entering from the side into both front and rear rooms. These rooms are currently used for storage but offer good light and serviced by a bow window to the front and sash window to the rear. A central staircase at 90 degrees to the other offers access to the second floor.

This floor has a similar layout from the floor below with two rooms, front and rear again currently used as storage for the retail outlet. Access is given to the loft.

Proposed Developement - The planned development can be found at Tonbridge & Malling planning portal and awaits a decision but we can outline the plans as indicated on the pictures within the marketing.

The plans are as follows, the retail frontage will remain as it is with an extension to the rear offering an opportunity to extend the shop area and or offer better storage for commercial purposes. The ground floor extension will give an opportunity to establish a better kitchen and bathroom also. This will leave a smaller contained rear yard that will form the entrance to the residential development above and will give space for bike and bin stores in this communal area as well as deliveries for the commercial tenant.

The extension will also offer an external staircase to the first floor and access to the single floor one bedroom apartment. Laid out with a modern open plan strategy offering a large living, dining room incorporating the kitchen to the rear and a good sized double bedroom with ensuite shower room to the front. This property will also have access to the a roof terrace that can be communal or individually allocated.

A further external staircase will lead to the duplex apartment on the second floor. A spacious one bedroom apartment over the two floors, developing the roof space of the original build by way of a dormer window to the rear. A larger open plan living dining room to the rear of the building and larger kitchen to the front of the property facing the High Street. Stairs are planned to come from the living area to the newly developed roof space into a very nicely sized bedroom with ensuite shower facilities. A dormer window to the rear and a Velux style window to the front will allow lots of light to pour into this space.

Borough Green - The property is situated in the centre of Borough Green with its shops and amenities, library and general convenience stores nearby. Borough Green has its own main line station with services on the Victoria/Maidstone line and now offering services to Charing Cross and London Bridge in 37 minutes. Motorway links are via the M20/M25 and M26 Junction 2a, at Wrotham Heath. Primary schools are available in Borough Green itself and the surrounding villages, and there is a secondary school at Wrotham within walking distance. Further amenities and schooling options are available in Sevenoaks which is approximately 7 miles distant and also offers the opportunity of a main line station with services on the Charing Cross/Cannon Street line, peak hour fast service to London taking approximately 30 minutes.