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Coral, Edenbridge

66 High Street, Edenbridge, Kent, TN8 5DR

Basic Facts

Property ID: 4665 Post Updated: 2019-06-24 10:41:28
Status: Type:
Tenure: Freehold Gross Rent: £ 30,200
Lease Term: 15 years from Dec '05 VAT applicable: Yes

Property Description

  • Freehold, blue-chip betting shop & residential ground rent investment
  • The property, which is Grade II listed, is situated on the corner of High Street and Lingfield Road and comprises a ground floor, double fronted retail unit.
  • There are two self-contained residential flats above over first and roof area which have been sold off on long leases.  The flats are accessed from the rear.
  • There is a parking area directly to the rear of the property for both the flats and the shop.
  • Internally, the ground retail floor area is predominately open plan with ancillary areas and has been fitted out by the tenant to their usual corporate style.

Location Description

  • Edenbridge is an attractive South East town in an affluent area of Kent.  The town is located approximately 45 km (28 miles) south of Central London, 19 km (12 miles) west of Tonbridge and 13 km (8 miles) north-east of East Grinstead.
  • The town benefits from good road communications being situated approximately 8 km (5 miles) east of the A22 and 8 km (5 miles) south of the A25 which provides access to the M25 Motorway a further 5 km (3 miles) to the east.
  • In addition, the town is connected to the national railway network with a fastest journey time of 45 minutes to London Victoria.  Gatwick Airport is situated approximately 24 km (15 miles) to the south-west.
  • The property is prominently positioned on the west side of the High Street, the town’s principal retail thoroughfare.  Other nearby occupiers include Costa (adjacent), Lloyds, Tesco Express, Boots and Domino’s amongst others.

Features

Blue-chip tenant
Customer car parking
Freehold
Ground Rent investment
No Break clauses
Reversionary Opportunity
Suitable for a SIPP
Under £500k

View on Map

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