FOR SALE

Calverley Road, Tunbridge Wells TN1 2UN

Offers in excess of £400,000

Description

The property comprises the roof and airspace above an existing mixed-use building with residential uppers in the sought-after area of Tunbridge Wells.

Location

The property is prominently located on Calverley Road in Tunbridge Wells, an affluent commuter town in North West Kent approximately 35 miles south-east of Central London.

The immediate area comprises mainly commercial uses with the main shopping area of Mount Pleasant Road and the High Street located within a short walking distance of the property, offering a
wide range of shops and amenities.

Tunbridge Wells Station is located approximately 0.6 miles from the property with direct trains running to Charing Cross, London Bridge, Waterloo and Cannon Street in circa 50 minutes.

Development Potential

The property benefits from planning permission, granted on 9th June 2020 under reference 20/01016/FULL, to build an additional 3rd storey to provide 4 residential units (2 x 1 bedroom and 2 x 2 bedroom), all benefiting from private terraces.

Tenure

The property will be sold on a new 150 year lease of the entire roof and airspace, subject to a ground rent of £1,000 per annum payable to the freeholder.

Terms

Offers are invited in excess of £400,000 for 150 year leasehold interest.

VAT

The property is not elected for VAT.

Additional Information

Further information including approved planning documents can be found within our dataroom using the access code ‘Airspace’.


Disclaimer - Kingsbury on its own behalf and on behalf of the Owner / Landlord of this property whose agent Kingsbury is, gives notice that this document does not constitute any form of contract for sale or lease. Statements should not be relied upon, and interested parties are advised to satisfy themselves as to the correctness of each statement. Kingsbury is the trading name of Kingsbury Investment & Development Consultants Ltd registered in England No: 06869268.


back to list
  • Leasehold interest of the roof and airspace above a mixed-use building
  • Planning permission to create 4 x residential apartments with private terraces
  • Town centre location close to Tunbridge Wells Station
  • Offers invited in excess of £400,000 for 150 year leasehold interest

To discuss this opportunity further, please contact Paul Heale or Chris Incledon on 020 7183 2529

Open get in touch popup box
Open get in touch popup box
Open get in touch popup box Open get in touch popup box