77-81 High St | Tonbridge TN9 1RX
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77-81 High St
Tonbridge TN9 1RX
Retail Property For Sale
Investment Highlights
- Popular South East commuter town with strong growth prospects
- Extensive frontage to High Street
- Nearby public transport links
Executive Summary
The property comprises a substantial 2 storey retail unit with an extensive frontage to the High Street and secondary access on to The Botany. The property is arranged on ground and first floor with a basement plant room and provides good clear sales space on the ground floor and storage and staff facilities on the first floor. There is a further area of 1st floor space above The Botany which is not demised to Poundland and which will be subject to leaseback by the vendor.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
9,305 SF
Building Class
B
Year Built
1950
Price
£2,200,000
Price Per SF
£236
Net Initial Yield
7%
NOI
£154,000
Tenancy
Single
Number of Floors
3
Building FAR
1.00
Lot Size
0.21 AC
Frontage
72 ft on High Street
Amenities
- 24 Hour Access
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