134 London Rd 3,068 SF 100% Leased Office Building Southborough TN4 0PL $1,123,607 CAD ($366.23 CAD/SF)

Tunbridge Wells is located approximately 40 miles to the southeast of central London and approximately 16 miles to the south of the M25 (junction 5). It has a population of approximately 56,000.
The Tunbridge Wells Borough Council district has a population of approximately 110,000.
Southborough is a suburb extending to the north of the town centre.
This property is situated on the western side of the (A26) London Road, close to the junction with Yew Tree Road and approximately 2.1 miles north of the centre of Tunbridge Wells town centre.
London Road comprises an important arterial route to the town centre with access to the dual carriageway A21 approximately 1.5 miles north, with junction 5 of the M25 being a further 12 miles to the north.
Occupiers on the (A26) London Road consist of a variety of largely independent retailers, arranged in a series of ‘neighbourhood parade’ configurations and there are also major roadside operators including Tesco Express, Majestic Wines and Marks & Spencer / BP Connect.
The immediate area is well served with ‘neighbourhood parades’ and surrounded predominately by high density Victorian terraced housing.
The new Southborough Hub is close by which comprises a new mixed development incorporating Southborough’s new library, theatre, a medical centre, chemist, Town Council offices and other new retail units.
There is a public car park opposite the property, accessed off Yew Tree Road, with 78 spaces and the first 2 hours being free.
A Victorian detached office building, with large rear garden, arranged over 4 floors.
Suitable for continued use as professional offices, otherwise educational, leisure or medical uses.
Alternatively potential for conversion to residential use along with further development to the rear, subject to obtaining the necessary consents.
Freehold with vacant possession.
£575,000.
To comply with the Money Laundering Regulations 2017, it is legally required to verify the identity of all tenants. We will require photographic identification and proof of address for all individuals involved.
BUSINESS RATES
Rateable value £13,750. The property may qualify for partial rates relief.
EPC
Band E.
PLANNING HISTORY
In 2007 there was consent to construct a two storey extension providing further office space:
– approximately 1420 sq ft - ref – 07/02594/FULL
- this consent was renewed in 2010 – ref: 10/02949/FUL
In 2014 Prior Approval was allowed for the change of use of the building form office (B1) to 4 no. self contained flats (2 no. 2 bed maisonettes and 2 no. 1 bedrooms) – ref: 14/503118/PNJCLA /
In 2016 consent was granted to demolish the outbuilding and construct a new 2-bedroom chalet style bungalow – ref: 16/500145/FULL.