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59 London Rd 335 SF Retail Building Sevenoaks TN13 1AU $428,019 CAD ($1,277.67 CAD/SF)
Investment Highlights
- Arcaded Entrance
- Close to car parks.
- Central location
- Long Leasehold
Executive Summary
Situated on the western side of London Road, diagonally opposite the town’s main short stay car park at Bligh’s Meadow and the Marks and Spencer department store. Other occupiers in the vicinity include Deckhouse Restaurant (opening soon), Kall Kwik, Zizzi, The Chapel and Hudson Flooring.
Comprises a ground floor retail unit with arcaded entrance and glazed shop front. Externally there is a small single storey building accessed from the rear courtyard, which provides useful storage.
TERMS
The premises is available for sale by way of a long lease for a term of 999 years from 1988 at a rent of £25 per annum.
PRICE
59 London Road plus storage unit £230,000
LEGAL COSTS
Each party to bear their own legal costs.
RATING
Rateable Value: 59 London Road £9,300 from 1/4/23
UBR 2023/24 49.9p/£
Small Business Rates Relief may apply, subject to certain qualifying factors, and thus no charge. Contact Sevenoaks District Council for further information.
VAT
We understand that the property is not currently elected for VAT purposes.
ENERGY PERFORMANCE CERTIFICATE (EPC)
EPC will be provided.
MONEY LAUNDERING REGULATIONS
In order to comply with the Money Laundering Regulations 2007, prospective purchasers will be required to provide proof of identity and funding.
Comprises a ground floor retail unit with arcaded entrance and glazed shop front. Externally there is a small single storey building accessed from the rear courtyard, which provides useful storage.
TERMS
The premises is available for sale by way of a long lease for a term of 999 years from 1988 at a rent of £25 per annum.
PRICE
59 London Road plus storage unit £230,000
LEGAL COSTS
Each party to bear their own legal costs.
RATING
Rateable Value: 59 London Road £9,300 from 1/4/23
UBR 2023/24 49.9p/£
Small Business Rates Relief may apply, subject to certain qualifying factors, and thus no charge. Contact Sevenoaks District Council for further information.
VAT
We understand that the property is not currently elected for VAT purposes.
ENERGY PERFORMANCE CERTIFICATE (EPC)
EPC will be provided.
MONEY LAUNDERING REGULATIONS
In order to comply with the Money Laundering Regulations 2007, prospective purchasers will be required to provide proof of identity and funding.
Property Facts
Sale Type
Owner User
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
335 SF
Building Class
B
Year Built
1960
Price
$428,019 CAD
Price Per SF
$1,277.67 CAD
Tenancy
Single
Building Height
1 Story
1 1
Nearby Major Retailers
1 of 4
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59 London Rd
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