Non quoting

Property for sale

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Freehold

Non quoting

Property for sale

5 The Grange, High Street, Westerham TN16

1,016 sq. ft

Local area information

Property location

Nearby amenities

  • Churchill Church of England Voluntary Controlled Primary School 0.3 miles
  • Valence School (SEN) 0.9 miles
  • Hurst Green 3.2 miles
  • Oxted 3.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Westerham to find out more about the local area.

Features and description

  • Freehold
Key Points

  • Existing business unaffected
  • Unit adjoins the Co-op
  • Rental income £19,050 pa
  • Ground rent from upper parts
  • Lease until March 2028
  • Guide price: £310,000

  • Description

    5 The Grange is a three storey building set in a modern parade of 5 retail units. The ground floor has been occupied by the current tenant since 2013 and has a general sales area together with ancillary rear space. The property includes parking to the rear together with a garage within a block. There is pedestrian access to the rear service yard from the back of the shop.

    There are plenty of customer parking opportunities close by including the bays in the service road to the front as well as further "pay and display" parking off the High Street.

    The upper parts, which are accessed at the rear, have been sold off on a long lease.

    Location

    The property adjoins the Co-op and is situated on the northern side of the busy High Street (A25) in the centre of the historic and affluent town of Westerham. Other nearby retailers include, Hospice in the Weald, Nationwide Building Society & Costa Coffee. The town is also home to a number of established lifestyle businesses, as well as an array of highly acclaimed restaurants.

    Viewings

    Please note that viewings are strictly by prior appointment only.

    Terms

    Freehold for sale.

    Offers in the region of £310,000, subject to contract and VAT (if applicable).

    Tenancy

    The property is being sold with the benefit of the existing lease granted to a private individual trading as "All About U".

    The lease is for a term of 15 years from 15th March 2013, expiring on 14th March 2028. The current rent is £19,000 per annum exclusive. Further details are available on request.

    The upper parts are subject to a lease of 125 years from 25 March 1987 at a ground rent of £50 per annum.

    More information

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    Property descriptions and related information displayed on this page are marketing materials provided by - Karrison Property. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Karrison Property for full details and further information.

    1. Zoopla
    2. Commercial for sale
    3. Kent
    4. Westerham
    5. High Street