explore
becket HOUSE
FREEHOLD FOR SALE Multi-let office building with potential for redevelopment
VESTRY ROAD SEVENOAKS KENT TN14 5EL
iPDF from Impact
EXPLORE
home
investment summary location description
accommodation occupation
tenancy schedule opportunity
investment summary
gallery
Self-contained South East office building totalling 41,043 sq ft
viewing details
Excellent onsite parking (1:215 sq ft)
Site approximately 1.7 acres Potentially suitable for residential conversion or redevelopment (subject to securing the necessary consents) Well located with views over Sevenoaks Wildlife Reserve
iPDF from Impact
Guide price £3.95 million, reflecting a low capital value of only £94 psf (NIA). A purchase at this level shows a NIY of 12% and a reversionary yield of 15.7% net of purchaser’s costs of 5.8%
becket HOUSE home
n Statio
A20
BROMLEY
A2
ROCHESTER
SWANLEY ORPINGTON
gallery
M26 J5
J6
A25 M23
GATWICK
WESTERHAM
J2
M20
BAT & BALL oad A25 Seal R
oad R e l b d o a urne Va Br
A20
WROTHAM
Sevenoaks
MAIDSTONE A2
m Road terha s e 5W
Worsh
ip
il sH
l
Lond on
SEVENOAKS A21
MAPS NOT TO SCALE, FOR INDICATIVE PURPOSES ONLY
A21
A225
opportunity
J5
M26
SEVENOAKS TOWN CENTRE
R 24 d A2 oa
tenancy schedule
M25 A225
M25
224 ad A
J4
A23
DUNTON GREEN
o on R
M20
accommodation occupation
M25
OTFORD
Otford Road A22 5
M2
d Lon
description
A21
M26
Co urt Ro DUNTON ad GREEN
J1
J3
OTFORD
Sevenoaks Road
J2
s nt ra Mo
location
EBBSFLEET
Pilgrims Way High Street
Lon 4 don Road A22
investment summary
DARTFORD
M25
location
viewing details
Sevenoaks is an established commercial centre which lies approximately twenty two miles south east of Central London. With its outstanding natural environment and excellent road and rail connections, the town attracts strong interest from both the business and residential sectors and is renowned as one of the safest places in the UK (Source – UKCrimeStats.com). The rail service from Sevenoaks main line station provides swift and easy access to London and the south coast and junction 5 of the M25 is approximately 3.5 miles distant.
iPDF from Impact
Road
The Bligh’s Meadow town centre retail development is within a short drive away and Sainsbury’s superstore and the Riverside Retail Park are within a few minutes’ walk.
PLAN TRAIN JOURNEY
VIEW IN GOOGLE MAPS
description
home
investment summary location description
accommodation occupation
tenancy schedule opportunity gallery
viewing details
iPDF from Impact
Becket House is a striking 1960’s built three storey office building that was fully refurbished some ten years ago when a VRV comfort cooling system was installed (except ground floor). The property extends to a net internal floor area of 41,043 sq ft and occupies a site of approx. 1.71 acres with an excellent car parking ratio of one space per 215 sq ft occupied. FEATURES Eight person passenger lift Aluminium framed double glazed windows to all floors except third Ample on-site parking Comfort cooling (gas fired central heating to ground floor) Spectacular views from top of building of Sevenoaks Wildlife Reserve
home
investment summary location description
accommodation occupation
tenancy schedule
accommodation
opportunity
GROUND FLOOR (Reception)
gallery
FIRST FLOOR
13,514 sq ft
1,255.5 sq m
SECOND FLOOR
13,514 sq ft
1,255.5 sq m
viewing details
THIRD FLOOR (Offices)
3,947 sq ft
366.7 sq m
THIRD FLOOR (Storage)
1,898 sq ft
176.3 sq m
41,043 sq ft
3,813.0 sq m
GROUND FLOOR (Offices)
TOTAL
482 sq ft
44.8 sq m
7,688 sq ft
714.2 sq m
PLANNING Planning consent was granted to extend the third floor in 2005 but this has now lapsed. (Planning consent SE/05/02842/FUL)
FLOOR PLANS iPDF from Impact
GROUND FLOOR
FIRST FLOOR
SECOND FLOOR
THIRD FLOOR
TITLE PLAN
home
investment summary location description ESCAPE STAIR
accommodation
Reception cupbd.
Disabled wc
occupation
lift
Office.
Oil store
flue
Boiler room
Male
Female
Ele ctric al in tak e
tenancy schedule opportunity gallery
viewing details ground floor FLOOR PLANS iPDF from Impact
GROUND FLOOR
FIRST FLOOR
SECOND FLOOR
THIRD FLOOR
TITLE PLAN
home
investment summary location description
female
ESCAPE STAIR
accommodation occupation
male
lift
flue
tenancy schedule opportunity gallery
viewing details first floor FLOOR PLANS iPDF from Impact
GROUND FLOOR
FIRST FLOOR
SECOND FLOOR
THIRD FLOOR
TITLE PLAN
home
investment summary location description
female
ESCAPE STAIR
accommodation occupation
male
lift
flue
tenancy schedule opportunity gallery
viewing details second floor FLOOR PLANS iPDF from Impact
GROUND FLOOR
FIRST FLOOR
SECOND FLOOR
THIRD FLOOR
TITLE PLAN
home
investment summary location description
female
ESCAPE STAIR
accommodation lift
occupation
flue lift room
male
tenancy schedule opportunity gallery
viewing details third floor FLOOR PLANS iPDF from Impact
GROUND FLOOR
FIRST FLOOR
SECOND FLOOR
THIRD FLOOR
TITLE PLAN
Tank
OTFORD ROAD
Bartram Farm
The Bungalow
ROAD
67.3m
OLD OT LB
FORD R
OAD
C
70.4m
Riverside Retail Park C
Becket House
El Sub Sta
estry H
The V
B
accommodation
BM 71.91m
Riverside Retail Park
description
Res erro this info figu
VESTRY
home
location
NB
66.6m
Shelter
investment summary
69.4m
68.0m
Full details will be provided on request.
A
ouse
1
occupation
Vestry es
Cottag
Rev De
tenancy schedule AD
RY RO
6
VEST
opportunity El Sub Sta
gallery
Project
Quaife
VEST
SEVEN
viewing details
Client
BNPP
Block 6
(JERS 36
Block 9
9
Title
Block 1 Vines
FLOOR PLANS
VESTRY
iPDF from Impact
GROUND FLOOR 28 Block 5
3 ROAD
FIRST FLOOR 25 to 27
SECOND FLOOR
Drawn b
Block 15
KJW
Block 14 5
THIRD FLOOR
Scale
TITLE PLAN
1:100
Drawing
L14 El Sub Sta
24
home
investment summary location description
accommodation occupation
tenancy schedule opportunity gallery
occupation
viewing details
The property is almost fully let with only two small units, each of approx. 500 sq ft available on the first floor and a suite of 1,825 sq ft on the third floor. Most leases expire at the end of 2015 (three in January 2016) and are excluded from the Landlord & Tenant Act 1954. The building currently produces a rental income of £501,332 per annum.
iPDF from Impact
DATA ROOM Occupational leases, titles and various other documents are available to download from a data room. Please email [email protected] for access.
tenancy schedule UNIT
OCCUPIER
SQ FT
START DATE
EXPIRY DATE
BH/pt Gnd A
GGA Services Limited and GGA Management Limited
5,525
01/01/06
31/12/15
£82,820
£15.00
BH/pt Gnd B
GGA Services Limited and GGA Management Limited
1,716
01/01/06
31/12/15
£25,680
£15.00
BH/1C
Unity Media plc
1,098
01/11/07
31/12/15
£16,500
£15.00
BH/1A/1D/1G
Unity Media plc
6,813
01/01/06
31/12/15
£100,492
£14.75
BH/1K
Vacant
515
£0
£0.00
BH/ 1H
Vacant
586
£0
£0.00
description
BH/1J
LTA Collections Group Ltd
586
16/06/14
31/12/15
£5,860
£10.00
BH 2
Belmont International Ltd
12,950
01/01/06
31/12/15
£195,000
£15.00
accommodation
Car Spaces (65-80)
Belmont International Ltd
23/08/07
31/12/15
£8,000
£0.00
Car Spaces (117-127)
Belmont International Ltd
23/08/07
31/12/15
£6,250
£0.00
occupation
Car Spaces (128-135)
Unity Media plc
01/01/08
31/12/15
£6,000
£0.00
4 Car Spaces
GGA Services Ltd, TS Cossey, B Pilcher & CR Hook
01/10/08
31/12/15
£3,400
£0.00
4 Car Spaces
Vacant
£0
£0.00
BH/3B
Vacant
1,822
£0
£0.00
3C (Flat)
Belmont International Ltd †
1,898
28/11/08
Part 1B
The trustees of Sevenoaks Conservatives Association
353
23/01/11
22/01/16
£0
£0.00
BH/1D
Michael Rogers LLP
1,742
23/01/11
22/01/16
£26,130
£15.00
3A
Blue Motor Finance Ltd
2,101
04/11/14
31/01/16
£25,200
£12.00
home
investment summary location
tenancy schedule opportunity gallery
viewing details
Ground floor reception
BREAK DATE
30/09/15*
iPDF from Impact
Tenancy at will
* Mutual break
RENT PASSING (£/SQ FT)
£0
482 TOTAL
†
RENT
£501,332
home
investment summary location description
accommodation occupation
tenancy schedule opportunity gallery
the opportunity
viewing details
iPDF from Impact
The freehold interest of Becket House is available for sale, subject to the existing leases. The vendors will only consider unconditional offers (save for contract) and reserve the right to request financial information in support of any proposal made. The vendors also reserve the right to call for best offers in the event of interest received from more than one party.
guide price
vat
epc
legal fees
£3.95 million exclusive.
Payable at the prevailing rate.
The property has an EPC rating of E (106).
Each party to bear their own costs.
home
investment summary location description
accommodation occupation
tenancy schedule opportunity gallery
viewing details
iPDF from Impact
home
investment summary location description
accommodation occupation
tenancy schedule opportunity gallery
viewing details
iPDF from Impact
home
investment summary location description
accommodation occupation
tenancy schedule opportunity gallery
viewing details
iPDF from Impact
home
investment summary location description
accommodation occupation
tenancy schedule opportunity gallery
viewing details
iPDF from Impact
home
investment summary location description
accommodation occupation
tenancy schedule opportunity gallery
viewing details
iPDF from Impact
home M26
investment summary location description
accommodation occupation
tenancy schedule
McDonalds Drive-Thru
opportunity
Trade counter development Homebase
gallery Petrol Station
viewing details Otford Road iPDF from Impact
Sainsbury’s Superstore
home
investment summary location description
accommodation occupation
tenancy schedule opportunity gallery
viewing
viewing details
iPDF from Impact
Strictly by appointment with joint sole agents.
The accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein is not guaranteed and is for general guidance only and prospective purchasers or tenants must not rely on them as statements of fact or representations and must satisfy themselves as to their accuracy. Michael Rogers or Hurst Warne nor any of their employees or representatives has any authority to make or give any representation or warranty or enter into any contract whatsoever in relation to the Property. Rents quoted in these particulars may be subject to VAT in addition. The reference to any mechanical or electrical equipment or other facilities at the Property shall not constitute a representation (unless otherwise stated) as to its state or condition or that it is capable of fulfilling its intended function. Prospective tenants/purchasers should satisfy themselves as to the fitness of such equipment for their requirements. Date of Publication February 2015.
Will Gelder [email protected] Nic Pocknall [email protected]
Mike Lewis [email protected]
FREEHOLD FOR SALE Multi-let office building with potential for redevelopment
VESTRY ROAD SEVENOAKS KENT TN14 5EL
iPDF from Impact
EXPLORE
home
investment summary location description
accommodation occupation
tenancy schedule opportunity
investment summary
gallery
Self-contained South East office building totalling 41,043 sq ft
viewing details
Excellent onsite parking (1:215 sq ft)
Site approximately 1.7 acres Potentially suitable for residential conversion or redevelopment (subject to securing the necessary consents) Well located with views over Sevenoaks Wildlife Reserve
iPDF from Impact
Guide price £3.95 million, reflecting a low capital value of only £94 psf (NIA). A purchase at this level shows a NIY of 12% and a reversionary yield of 15.7% net of purchaser’s costs of 5.8%
becket HOUSE home
n Statio
A20
BROMLEY
A2
ROCHESTER
SWANLEY ORPINGTON
gallery
M26 J5
J6
A25 M23
GATWICK
WESTERHAM
J2
M20
BAT & BALL oad A25 Seal R
oad R e l b d o a urne Va Br
A20
WROTHAM
Sevenoaks
MAIDSTONE A2
m Road terha s e 5W
Worsh
ip
il sH
l
Lond on
SEVENOAKS A21
MAPS NOT TO SCALE, FOR INDICATIVE PURPOSES ONLY
A21
A225
opportunity
J5
M26
SEVENOAKS TOWN CENTRE
R 24 d A2 oa
tenancy schedule
M25 A225
M25
224 ad A
J4
A23
DUNTON GREEN
o on R
M20
accommodation occupation
M25
OTFORD
Otford Road A22 5
M2
d Lon
description
A21
M26
Co urt Ro DUNTON ad GREEN
J1
J3
OTFORD
Sevenoaks Road
J2
s nt ra Mo
location
EBBSFLEET
Pilgrims Way High Street
Lon 4 don Road A22
investment summary
DARTFORD
M25
location
viewing details
Sevenoaks is an established commercial centre which lies approximately twenty two miles south east of Central London. With its outstanding natural environment and excellent road and rail connections, the town attracts strong interest from both the business and residential sectors and is renowned as one of the safest places in the UK (Source – UKCrimeStats.com). The rail service from Sevenoaks main line station provides swift and easy access to London and the south coast and junction 5 of the M25 is approximately 3.5 miles distant.
iPDF from Impact
Road
The Bligh’s Meadow town centre retail development is within a short drive away and Sainsbury’s superstore and the Riverside Retail Park are within a few minutes’ walk.
PLAN TRAIN JOURNEY
VIEW IN GOOGLE MAPS
description
home
investment summary location description
accommodation occupation
tenancy schedule opportunity gallery
viewing details
iPDF from Impact
Becket House is a striking 1960’s built three storey office building that was fully refurbished some ten years ago when a VRV comfort cooling system was installed (except ground floor). The property extends to a net internal floor area of 41,043 sq ft and occupies a site of approx. 1.71 acres with an excellent car parking ratio of one space per 215 sq ft occupied. FEATURES Eight person passenger lift Aluminium framed double glazed windows to all floors except third Ample on-site parking Comfort cooling (gas fired central heating to ground floor) Spectacular views from top of building of Sevenoaks Wildlife Reserve
home
investment summary location description
accommodation occupation
tenancy schedule
accommodation
opportunity
GROUND FLOOR (Reception)
gallery
FIRST FLOOR
13,514 sq ft
1,255.5 sq m
SECOND FLOOR
13,514 sq ft
1,255.5 sq m
viewing details
THIRD FLOOR (Offices)
3,947 sq ft
366.7 sq m
THIRD FLOOR (Storage)
1,898 sq ft
176.3 sq m
41,043 sq ft
3,813.0 sq m
GROUND FLOOR (Offices)
TOTAL
482 sq ft
44.8 sq m
7,688 sq ft
714.2 sq m
PLANNING Planning consent was granted to extend the third floor in 2005 but this has now lapsed. (Planning consent SE/05/02842/FUL)
FLOOR PLANS iPDF from Impact
GROUND FLOOR
FIRST FLOOR
SECOND FLOOR
THIRD FLOOR
TITLE PLAN
home
investment summary location description ESCAPE STAIR
accommodation
Reception cupbd.
Disabled wc
occupation
lift
Office.
Oil store
flue
Boiler room
Male
Female
Ele ctric al in tak e
tenancy schedule opportunity gallery
viewing details ground floor FLOOR PLANS iPDF from Impact
GROUND FLOOR
FIRST FLOOR
SECOND FLOOR
THIRD FLOOR
TITLE PLAN
home
investment summary location description
female
ESCAPE STAIR
accommodation occupation
male
lift
flue
tenancy schedule opportunity gallery
viewing details first floor FLOOR PLANS iPDF from Impact
GROUND FLOOR
FIRST FLOOR
SECOND FLOOR
THIRD FLOOR
TITLE PLAN
home
investment summary location description
female
ESCAPE STAIR
accommodation occupation
male
lift
flue
tenancy schedule opportunity gallery
viewing details second floor FLOOR PLANS iPDF from Impact
GROUND FLOOR
FIRST FLOOR
SECOND FLOOR
THIRD FLOOR
TITLE PLAN
home
investment summary location description
female
ESCAPE STAIR
accommodation lift
occupation
flue lift room
male
tenancy schedule opportunity gallery
viewing details third floor FLOOR PLANS iPDF from Impact
GROUND FLOOR
FIRST FLOOR
SECOND FLOOR
THIRD FLOOR
TITLE PLAN
Tank
OTFORD ROAD
Bartram Farm
The Bungalow
ROAD
67.3m
OLD OT LB
FORD R
OAD
C
70.4m
Riverside Retail Park C
Becket House
El Sub Sta
estry H
The V
B
accommodation
BM 71.91m
Riverside Retail Park
description
Res erro this info figu
VESTRY
home
location
NB
66.6m
Shelter
investment summary
69.4m
68.0m
Full details will be provided on request.
A
ouse
1
occupation
Vestry es
Cottag
Rev De
tenancy schedule AD
RY RO
6
VEST
opportunity El Sub Sta
gallery
Project
Quaife
VEST
SEVEN
viewing details
Client
BNPP
Block 6
(JERS 36
Block 9
9
Title
Block 1 Vines
FLOOR PLANS
VESTRY
iPDF from Impact
GROUND FLOOR 28 Block 5
3 ROAD
FIRST FLOOR 25 to 27
SECOND FLOOR
Drawn b
Block 15
KJW
Block 14 5
THIRD FLOOR
Scale
TITLE PLAN
1:100
Drawing
L14 El Sub Sta
24
home
investment summary location description
accommodation occupation
tenancy schedule opportunity gallery
occupation
viewing details
The property is almost fully let with only two small units, each of approx. 500 sq ft available on the first floor and a suite of 1,825 sq ft on the third floor. Most leases expire at the end of 2015 (three in January 2016) and are excluded from the Landlord & Tenant Act 1954. The building currently produces a rental income of £501,332 per annum.
iPDF from Impact
DATA ROOM Occupational leases, titles and various other documents are available to download from a data room. Please email [email protected] for access.
tenancy schedule UNIT
OCCUPIER
SQ FT
START DATE
EXPIRY DATE
BH/pt Gnd A
GGA Services Limited and GGA Management Limited
5,525
01/01/06
31/12/15
£82,820
£15.00
BH/pt Gnd B
GGA Services Limited and GGA Management Limited
1,716
01/01/06
31/12/15
£25,680
£15.00
BH/1C
Unity Media plc
1,098
01/11/07
31/12/15
£16,500
£15.00
BH/1A/1D/1G
Unity Media plc
6,813
01/01/06
31/12/15
£100,492
£14.75
BH/1K
Vacant
515
£0
£0.00
BH/ 1H
Vacant
586
£0
£0.00
description
BH/1J
LTA Collections Group Ltd
586
16/06/14
31/12/15
£5,860
£10.00
BH 2
Belmont International Ltd
12,950
01/01/06
31/12/15
£195,000
£15.00
accommodation
Car Spaces (65-80)
Belmont International Ltd
23/08/07
31/12/15
£8,000
£0.00
Car Spaces (117-127)
Belmont International Ltd
23/08/07
31/12/15
£6,250
£0.00
occupation
Car Spaces (128-135)
Unity Media plc
01/01/08
31/12/15
£6,000
£0.00
4 Car Spaces
GGA Services Ltd, TS Cossey, B Pilcher & CR Hook
01/10/08
31/12/15
£3,400
£0.00
4 Car Spaces
Vacant
£0
£0.00
BH/3B
Vacant
1,822
£0
£0.00
3C (Flat)
Belmont International Ltd †
1,898
28/11/08
Part 1B
The trustees of Sevenoaks Conservatives Association
353
23/01/11
22/01/16
£0
£0.00
BH/1D
Michael Rogers LLP
1,742
23/01/11
22/01/16
£26,130
£15.00
3A
Blue Motor Finance Ltd
2,101
04/11/14
31/01/16
£25,200
£12.00
home
investment summary location
tenancy schedule opportunity gallery
viewing details
Ground floor reception
BREAK DATE
30/09/15*
iPDF from Impact
Tenancy at will
* Mutual break
RENT PASSING (£/SQ FT)
£0
482 TOTAL
†
RENT
£501,332
home
investment summary location description
accommodation occupation
tenancy schedule opportunity gallery
the opportunity
viewing details
iPDF from Impact
The freehold interest of Becket House is available for sale, subject to the existing leases. The vendors will only consider unconditional offers (save for contract) and reserve the right to request financial information in support of any proposal made. The vendors also reserve the right to call for best offers in the event of interest received from more than one party.
guide price
vat
epc
legal fees
£3.95 million exclusive.
Payable at the prevailing rate.
The property has an EPC rating of E (106).
Each party to bear their own costs.
home
investment summary location description
accommodation occupation
tenancy schedule opportunity gallery
viewing details
iPDF from Impact
home
investment summary location description
accommodation occupation
tenancy schedule opportunity gallery
viewing details
iPDF from Impact
home
investment summary location description
accommodation occupation
tenancy schedule opportunity gallery
viewing details
iPDF from Impact
home
investment summary location description
accommodation occupation
tenancy schedule opportunity gallery
viewing details
iPDF from Impact
home
investment summary location description
accommodation occupation
tenancy schedule opportunity gallery
viewing details
iPDF from Impact
home M26
investment summary location description
accommodation occupation
tenancy schedule
McDonalds Drive-Thru
opportunity
Trade counter development Homebase
gallery Petrol Station
viewing details Otford Road iPDF from Impact
Sainsbury’s Superstore
home
investment summary location description
accommodation occupation
tenancy schedule opportunity gallery
viewing
viewing details
iPDF from Impact
Strictly by appointment with joint sole agents.
The accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein is not guaranteed and is for general guidance only and prospective purchasers or tenants must not rely on them as statements of fact or representations and must satisfy themselves as to their accuracy. Michael Rogers or Hurst Warne nor any of their employees or representatives has any authority to make or give any representation or warranty or enter into any contract whatsoever in relation to the Property. Rents quoted in these particulars may be subject to VAT in addition. The reference to any mechanical or electrical equipment or other facilities at the Property shall not constitute a representation (unless otherwise stated) as to its state or condition or that it is capable of fulfilling its intended function. Prospective tenants/purchasers should satisfy themselves as to the fitness of such equipment for their requirements. Date of Publication February 2015.
Will Gelder [email protected] Nic Pocknall [email protected]
Mike Lewis [email protected]
