CAUSEWAY HOUSE, CHIDDINGSTONE CAUSEWAY TONBRIDGE, KENT, TN11 8JP OF INTEREST TO OWNER OCCUPIERS, INVESTORS OR POSSIBLE REDEVELOPMENT (STP) INDUSTRIAL AND OFFICE COMPLEX ON 1.2 ACRES
FOR SALE
KEY FEATURES • • • • • •
Total Site Area 1.2 acres (0.49 hectares)
8,547 sq ft offices / 17,275 sq ft industrial/storage Fronting a busy main road Extensive parking areas 2 Oil fired boilers (office / industrial split) Air conditioning in part of the office accommodation Modern reception and conference room
Total Size 25,822 sq ft
T: 0129 361 2600 vailwilliams.com
CAUSEWAY HOUSE, CHIDDINGSTONE CAUSEWAY TONBRIDGE, KENT, TN11 8JP
T: 0129 361 2600 vailwilliams.com
CAUSEWAY HOUSE, CHIDDINGSTONE CAUSEWAY TONBRIDGE, KENT, TN11 8JP DESCRIPTION Causeway House comprises a detached industrial and office complex fronting the B2027. To the front is a 2-storey office accessed via a modern reception providing good quality accommodation partly refurbished over the last couple of years. To the rear is an extensive single storey factory/storage accommodation below a barrel vaulted roof, plus an interlinked warehouse. Encircling the property is a private roadway providing excellent access around the site. To front, side and rear are extensive areas of parking, loading, and room for external storage, and the whole site extends to around 1.2 acres We understand the building was originally built and used by the Ministry of Defence and occupiers over the years have included Wisden, Subbuteo, Ling Cards and the current owners, Clayton First Aid.
BUSINESS RATES Enquiries of the VOA website indicate that the property is assessed for rates as follows: Description: Warehouse and Premises Rateable Value £85,500 The UBR for 2015/2016 is 49.3 pence. Interested parties are strongly advised to verify this information with the Local Rating Authority.
SCHEDULE OF AREAS Description
sq ft
sq m
Ground Floor Reception, stores, canteen and offices
5,172
480.49
First Floor Offices
3,375
313.54
Industrial/production/warehouse
15,211 1,413.14
2 storey tank-room/store
1,722
160
Two storage outbuildings
342
31.77
TOTAL
25,822 2,398.94
SERVICES The property has mains water and drainage and heating is oil fired (via 2 boilers, one for the offices and one for the industrial section), and part of the office accommodation has air conditioning (not tested).
PLANNING The building has been used for many years as light industrial with offices. Our clients have extensively reviewed redevelopment options for this site. The site may be suitable for redevelopment including residential and therefore prospective purchasers are to make their own planning enquiries. For planning enquiries contact Sevenoaks District Council 01732 227000
T: 0129 361 2600 vailwilliams.com
Vail Williams LLP GUIDE PLAN ONLY We are aware there have been several alterations to the layout therefore this plan is to be treated as a guide only and it does not form part of a contract.
T: 0129 361 2600 vailwilliams.com
CAUSEWAY HOUSE, CHIDDINGSTONE CAUSEWAY TONBRIDGE, KENT, TN11 8JP
LOCATION Situated on the western side of the Tonbridge/Leigh/Edenbridge Road (B2027), approximately 3 miles west of Leigh and around 6 miles from Tonbridge and 7 miles south of Sevenoaks. The property is within walking distance of Penshurst Station providing a twice hourly train service to London, and Junction 5 of the M25 at Sevenoaks is around 5 miles. The property is in a semi-rural location but fronts a busy main road and within 50 yards or so of a post office, village shop, and popular pub and restaurant.
T: 0129 361 2600 vailwilliams.com
CAUSEWAY HOUSE, CHIDDINGSTONE CAUSEWAY TONBRIDGE, KENT, TN11 8JP
T: 0129 361 2600 vailwilliams.com
CAUSEWAY HOUSE, CHIDDINGSTONE CAUSEWAY TONBRIDGE, KENT, TN11 8JP EPC
LEGAL COSTS
Energy Performance Rating: TBC Reference Number: TBC
Each party to be responsible for their own legal costs incurred in this transaction.
SALE METHOD The property is available for sale Freehold with vacant possession. All interested parties to submit a formal proposal by 2pm, Friday 27th November 2015.
PRICE Offers in excess of £1.4 million (one million four hundred thousand pounds).
VAT VAT will be payable on the price.
SERVICES Vail Williams LLP has not checked and does not accept responsibility for any of the services within this property and would suggest that any ingoing tenant or occupier satisfies themselves in this regard.
VIEWING Strictly by appointment through the joint sole agents.
CONTACT Stephen Oliver Vail Williams LLP Unit 4 Peveril Court 6-8 London Road Crawley RH10 8JE
Jeffrey Moys Bracketts 132 High Street Tonbridge Kent TN9 1BB
Mob: 07786 577323 Email:
[email protected] Tel: 0173 235 0503 Email:
[email protected] Misrepresentation Act 1967 – Vail Williams for themselves and for the vendors or lessors of this property, whose agents they are, give notice that: 1. The particulars are set out as a general outline only for the guidance of intended purchasers or lessees and do not constitute nor constitute part of an offer or contract. 2. All descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. 3. No person in the employment of Vail Williams has any authority to make any representation or warranty whatsoever in relation to this property. Finance Act 1989 – Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax (V.A.T.). Any intending purchasers or lessees must satisfy themselves independently as to the incidence of V.A.T. in respect of any transaction. Birmingham Camberley Crawley Guildford Heathrow London Portsmouth Southampton Thames Valley Vail Williams LLP, a Limited Liability Partnership, registered in England (number OC319702). Registered Office: 540 Thames Valley Park, Reading, Berkshire RG6 1RA. Any reference to a Partner means a Member of Vail Williams LLP or an employee or consultant with equivalent standing and qualifications. A full list of Members is open for inspection at the registered office. Regulated by RICS. Our Services: Acquisition & Disposal, Building Consultancy, Corporate Real Estate, Development Consultancy, Investment and Funding, Leasing Advisory, LPA Receivership, Planning Consultancy, Property Asset Management, Rating, Valuation
T: 0129 361 2600 vailwilliams.com