HALSTEAD, KENT HURSTWOOD FARM LONDON ROAD
TN14 7DR
FREEHOLD FOR SALE – INDUSTRIAL/WAREHOUSE COMPLEX SEMI RURAL LOCATION – EASY ACCESS TO JUNCTION 4 M25 PLANNING CONSENT GRANTED FOR 4 B1 UNITS CURRENTLY PRODUCING £21,840 PAX
Location & Description Situated just off London Road (A224) and close to the Polhill Garden Centre. The immediate area surrounding the property comprises farmland and an adjoining industrial complex. The site is less than 2 miles from junction 4 of the M25 London Orbital motorway and in close proximity there is a restaurant property with adjacent hotel and diner fronting onto London Road.
Description Comprises open land with stables plus ancillary buildings, a double storage unit and a further timber store with adjacent private parking/yard area. The complex is fully let and currently producing £420 per week exclusive (£21,840 per annum exclusive).
Price Freehold for sale. Price: £475,000 (Four Hundred and Seventy Five Thousand Pounds) subject to the existing tenancies.
Not to scale for identification purposes only
Accommodation/Tenancies (with approximate dimensions and floor areas)
We are advised by our clients that the following monthly tenancy arrangements exist: Stables & ancillary buildings: Let at £120 per week exclusive (£6,240 pax). “Green” warehouse: Let to two tenants for the storage of vehicles plus an adjoining workshop and producing £200 per week exclusive (£10,400 pax). Our clients advise that the gross floor area of the building which we have not inspected amounts to approximately 131.4 m² (1,414 sq ft). Timber store and yard: Let to a single tenant producing £100 per week (£5,200 pax). Our clients advise the building which we have not inspected. has a gross floor area of 54.5m² (586 sq ft). Total current rental income: £420 per week exclusive (£21.840 per annum exclusive)
THE PROPERTY MISDESCRIPTIONS ACT 1991 The agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order of fit for the purpose. Prospective Purchasers/Lessees are advised to obtain verification from their Solicitor or Surveyor. References to the tenure of this property are based on information supplied by our Clients. The Agent has not had sight of the Title Documents and prospective Purchasers/Lessees are advised to obtain verification from their Solicitor. These Particulars do not form, nor form any part of, an offer or contract. Neither Linays Commercial nor any of their employees has any authority to make or give further representations or warranties to the property
Ref: 0:4759
Rates Payable
Planning
We are advised by our clients that all business rates payable where applicable are paid by the occupational tenants.
We are advised that Planning Permission has been granted by Sevenoaks District Council under planning reference: SE/17/01697/FUL subject to conditions for the demolition of the stables and ancillary buildings and the erection of “one building comprising of four units to be used for B1 purposes”. The buildings to be constructed will comprise a total of approx..324m² (3487 sq.ft) gross external area.
VAT We have been advised by our clients that VAT will NOT be payable upon the sale price under current legislation.
Legal Costs
We are further advised by our clients that the site has the benefit of mains electric and water supplies and cesspit drainage (all untested). It is considered that the site may offer further potential for development subject to the grant of planning permissions etc.
Each party to bear their own legal and professional fees incurred in respect of this transaction.
Commercial Energy Performance Certificate
Notes We must advise that we have not inspected the existing buildings and have received details of the floor areas, which should be considered as gross floor areas, directly from our clients. Our clients advise that some additional land if required may be available by separate negotiation at terms to be agreed.
We are advised by our clients that Commercial Energy Performance Certificates are not required for the subject properties. Prospective purchasers may wish to make their own enquiry’s as regards Commercial Energy Performance Certificates.
Viewings Available by prior appointment with Linays Commercial Limited.
In addition our clients reserve the right to impose covenants upon the future use of the property for purposes other than B1 use. Contact: Adrian Tutchings
Email:
[email protected] THE PROPERTY MISDESCRIPTIONS ACT 1991 The agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order of fit for the purpose. Prospective Purchasers/Lessees are advised to obtain verification from their Solicitor or Surveyor. References to the tenure of this property are based on information supplied by our Clients. The Agent has not had sight of the Title Documents and prospective Purchasers/Lessees are advised to obtain verification from their Solicitor. These Particulars do not form, nor form any part of, an offer or contract. Neither Linays Commercial nor any of their employees has any authority to make or give further representations or warranties to the property