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17 Quarry Hill Rd
Tonbridge TN9 2RN
Retail Property For Sale


Executive Summary
Investment Consideration:
Rental Income: £79,200 p.a.
Residential tenants pay additional £1,680 p.a. combined (£280 each) for internet service charge
Total Income: £80,880 p.a.
Gross Initial Yield: 7.35%
VAT is NOT applicable to this property
Comprises 6 x 1-Bedroom Apartments at first and second floor, newly converted in 2025/2026
Includes 3 residential shops at ground floor (sold-off)
Located within 100m of Tonbridge Rail Station, providing direct and regular services to London Charing Cross, London Bridge and Cannon Street, together with wider South-East rail connections.
Occupiers nearby include Lidl, Post Office, Café, Takeaway`s, Beauty Salon, Dry Cleaners and more.
Property Description:
Comprises 6 x x1-bedroom flats at first and second floor, accessed from Quarry Hill Road and newly converted in 2025/2026 to a high standard. The property includes 3 retail shops at ground floor, all of which have been sold off on long leaseholds, providing the following accommodation and dimensions:
First Floor:
Flat 1 - 35 sq m (377 sq ft)
1 bedroom, kitchen/living, bathroom
Flat 2 - 35 sq m (377 sq ft)
1 bedroom, kitchen/living, bathroom
Flat 3 - 35 sq m (377 sq ft)
1 bedroom, kitchen/living, bathroom
Second Floor:
Flat 4 - 35 sq m (377 sq ft)
1 bedroom, kitchen/living, bathroom
Flat 5 - 35 sq m (377 sq ft)
1 bedroom, kitchen/living, bathroom
Flat 6 - 35 sq m (377 sq ft)
1 bedroom, kitchen/living, bathroom
Ground Floor: 3 retail shops (sold-off)
Total Residential GIA: 210 sq m (2,262 sq ft)
Tenancy:
Flat 1 is at present let to Individual on a Periodic Tenancy at a current rent of £13,200 p.a. Tenant pays additional £280 p.a. for internet service charge. Rent deposit held of £1,265.
Flat 2 is at present let to Individual on a Periodic Tenancy at a current rent of £13,200 p.a. Tenant pays additional £280 p.a. for internet service charge. Rent deposit held of £1,265.
Flat 3 is at present let to Individual on a Periodic Tenancy at a current rent of £13,200 p.a. Tenant pays additional £280 p.a. for internet service charge. Rent deposit held of £1,265.
Flat 4 is at present let to Individual on a Periodic Tenancy at a current rent of £13,200 p.a. Tenant pays additional £280 p.a. for internet service charge. Rent deposit held of £1,265.
Flat 5 is at present let to Individual on a Periodic Tenancy at a current rent of £13,200 p.a. Tenant pays additional £280 p.a. for internet service charge. Rent deposit held of £1,265.
Flat 6 is at present let to Individual on a Periodic Tenancy at a current rent of £13,200 p.a. Tenant pays additional £280 p.a. for internet service charge. Rent deposit held of £1,265.
Shops No.13,15,17 have been sold on long leaseholds for a term of 999 years from 2026 at a ground rent of peppercorn.
Location:
Tonbridge is a thriving market town with a resident population of approximately 40,000. The town offers an excellent range of retail and leisure facilities with many High Street stores, banks and building societies, together with a selection of coffee shops, restaurants and local pubs. It boasts a fine example of a 'Motte and Bailey' castle built in the 13th century, set on the banks of the river Medway. The property is situated on the Western side of Quarry Hill Road at the southern end of the town within 100m of Tonbridge Station. Nearby commercial occupiers Lidl, McColls and a range of local occupiers and retailers.
Rental Income: £79,200 p.a.
Residential tenants pay additional £1,680 p.a. combined (£280 each) for internet service charge
Total Income: £80,880 p.a.
Gross Initial Yield: 7.35%
VAT is NOT applicable to this property
Comprises 6 x 1-Bedroom Apartments at first and second floor, newly converted in 2025/2026
Includes 3 residential shops at ground floor (sold-off)
Located within 100m of Tonbridge Rail Station, providing direct and regular services to London Charing Cross, London Bridge and Cannon Street, together with wider South-East rail connections.
Occupiers nearby include Lidl, Post Office, Café, Takeaway`s, Beauty Salon, Dry Cleaners and more.
Property Description:
Comprises 6 x x1-bedroom flats at first and second floor, accessed from Quarry Hill Road and newly converted in 2025/2026 to a high standard. The property includes 3 retail shops at ground floor, all of which have been sold off on long leaseholds, providing the following accommodation and dimensions:
First Floor:
Flat 1 - 35 sq m (377 sq ft)
1 bedroom, kitchen/living, bathroom
Flat 2 - 35 sq m (377 sq ft)
1 bedroom, kitchen/living, bathroom
Flat 3 - 35 sq m (377 sq ft)
1 bedroom, kitchen/living, bathroom
Second Floor:
Flat 4 - 35 sq m (377 sq ft)
1 bedroom, kitchen/living, bathroom
Flat 5 - 35 sq m (377 sq ft)
1 bedroom, kitchen/living, bathroom
Flat 6 - 35 sq m (377 sq ft)
1 bedroom, kitchen/living, bathroom
Ground Floor: 3 retail shops (sold-off)
Total Residential GIA: 210 sq m (2,262 sq ft)
Tenancy:
Flat 1 is at present let to Individual on a Periodic Tenancy at a current rent of £13,200 p.a. Tenant pays additional £280 p.a. for internet service charge. Rent deposit held of £1,265.
Flat 2 is at present let to Individual on a Periodic Tenancy at a current rent of £13,200 p.a. Tenant pays additional £280 p.a. for internet service charge. Rent deposit held of £1,265.
Flat 3 is at present let to Individual on a Periodic Tenancy at a current rent of £13,200 p.a. Tenant pays additional £280 p.a. for internet service charge. Rent deposit held of £1,265.
Flat 4 is at present let to Individual on a Periodic Tenancy at a current rent of £13,200 p.a. Tenant pays additional £280 p.a. for internet service charge. Rent deposit held of £1,265.
Flat 5 is at present let to Individual on a Periodic Tenancy at a current rent of £13,200 p.a. Tenant pays additional £280 p.a. for internet service charge. Rent deposit held of £1,265.
Flat 6 is at present let to Individual on a Periodic Tenancy at a current rent of £13,200 p.a. Tenant pays additional £280 p.a. for internet service charge. Rent deposit held of £1,265.
Shops No.13,15,17 have been sold on long leaseholds for a term of 999 years from 2026 at a ground rent of peppercorn.
Location:
Tonbridge is a thriving market town with a resident population of approximately 40,000. The town offers an excellent range of retail and leisure facilities with many High Street stores, banks and building societies, together with a selection of coffee shops, restaurants and local pubs. It boasts a fine example of a 'Motte and Bailey' castle built in the 13th century, set on the banks of the river Medway. The property is situated on the Western side of Quarry Hill Road at the southern end of the town within 100m of Tonbridge Station. Nearby commercial occupiers Lidl, McColls and a range of local occupiers and retailers.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
640 SF
Building Class
B
Year Built
1960
Price
$2,050,080 CAD
Price Per SF
$3,203.25 CAD
Cap Rate
7.35%
NOI
$150,737 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Parking
1 Spaces (1.56 Spaces per 1,000 SF Leased)
Frontage
17’ on Quarry Hill Rd
Amenities
- Bus Line
- Storage Space
1 of 5
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