Investment for sale

Bridge House, 97-101 High Street, Tonbridge, Kent, TN9 1DR

Contact Agent

Call Agent 01892 552500

Marketed by

Durlings Tunbridge Wells

22 Mount Ephraim Rd, Royal Tunbridge Wells, Tunbridge Wells TN1 1ED, UK

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Available

Bridge House, 97-101 High Street, Tonbridge, Kent, TN9 1DR

1 of 10

Guide Price

£6,000,000

Bridge House, 97-101 High Street, Tonbridge, Kent, TN9 1DR

13725 sq. ft (1275.09 m²)

Contact Agent Call Agent 01892 552500

Description

Bridge House is a town centre, newly converted and extended office to residential development, now comprising 19 apartments - 7 no. 1 bedroom apartment & 12 no. 2 bedroom apartments, and 9 undercroft parking spaces and lift, along with a ground floor retail unit.
Situated in the affluent town of Tonbridge in northwest Kent - 35 miles from central London. Junction 5 of the M25 is 10 miles to the north and London Bridge Station is 33 mins on the train. Current rental income - £309,500 per annum, with annual CPI linked increase (caped at 4% pa). Fully let to Tonbridge & Malling District Council. Estimated Gross Development Value estimated to be in the region of £7,000,000.

Reference: 43747_sales

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All commercial properties for sale in Tonbridge

Marketed by

Durlings Tunbridge Wells

22 Mount Ephraim Rd, Royal Tunbridge Wells, Tunbridge Wells TN1 1ED, UK

Properties for sale Properties to let