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Offers in region of

£875,000

(£191.76/sq. ft)

Office for sale
Chequers Barn, Bough Beech, Edenbridge TN8

    • 4,563 sq. ft

  • EPC Rating: E

Freehold
Added on 09/10/2023

About this property

  • Modern purpose built offices

  • Current income £61,443 pax

  • Two storey providing 6 suites

  • Set within 0.5 acres

  • Ample parking

  • Asset management opportunities

  • Erv £75,000 pa approx

Description

Developed in 2007, Chequers Barn provides highly specified office suites within a sympathetically designed two storey building set in a delightful yet strategic semi-rural location. A total of 6 suites from 334 sq ft to 1,446 sq ft, are accessed off a central core with kitchen facilities and cloakrooms on ground and first floors. The building has a passenger lift and ample parking is provided to the front and in a large car park to the rear. The building is let to a mixture of local businesses.

Location

Chequers Barn is set in the tranquil semi-rural hamlet of Bough Beech, approximately 4 miles east of Edenbridge, 7 miles south of Sevenoaks and a similar distance to the west of Tonbridge. Junction 5 of the M25 is only some 6 miles to the north.

Terms

Offers in the region of £875,000 are sought for the freehold interest in the property, subject to contract and exclusive of VAT.
A sale at this price represents a capital value of £192 per sq ft (NIA inc kitchens).

Specifications

- Bright creative spaces
- Impressive vaulted ceilings to 1st floor suites
- Centrally heated (communal boiler)
- Air conditioning to 3 suites (tenant installed)
- Shared meeting room & kitchen facilities
- Passenger lift
- Double glazed
- Large car park

Legal Costs

Each party to pay their own.

Tenancies

The property is currently let to 5 companies with 1 suite available to let. Once fully let, the total rental income could increase to £68,943 pa exclusive. Each tenant pays a service charge in respect of the common costs, services and the maintenance of the property. A tenancy schedule is available on request.

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Monthly repayment

£4,377 per month

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