East Point – Units 3 & 6 – High Street – Seal (Sevenoaks) – Kent TN15 0EG

Location

East Point is situated in Seal at the eastern end of the High Street, accessed directly off the A25. This village is approximately 2.5 miles northeast of Sevenoaks, which has a mainline railway station providing a frequent direct service to London stations, including London Bridge; Waterloo East; Charing Cross; and Cannon Street.

There is good access to the national motorway network with Junction 5 of the M25 / A21(T) being approximately 4 miles to the west and the M26/ M20 junction at Wrotham around 6 miles distant to the east.

Description

East Point comprises a purpose-built office development providing 6 self-contained offices.

Durlings are instructed to offer Units 3 and 6 which are leased and generating rental incomes.

 

Unit 3 is accessed from the rear of the building and arranged over ground and first floor levels. The ground floor has as two private offices, a meeting room, and a separate room for storage. The first floor is presently arranged as an open plan office. There is a kitchenette on each floor.

Unit 6 is accessed from the front of the building with steps leading directly from the High Street. These offices and arranged over first and second floors, and predominantly open plan. The first floor has two demountable partitioned offices. The upper level has been partitioned to form a general office and a larger private office / meeting space.

Occupational Tenancies

Unit 3Leased until July 2025 with a passing rent of £25,140 pax, and subject to an upward only review on 30th June 2022.

Unit 6Leased until 17th November 2024 with a passing rent of £28,000 pax, with no review.

There is a tenant only break clause at the 15th month.

Underleases and further details on request.

Features

  • Cat II lighting
  • Air conditioning cassette units
  • Ladies & Gents WCs
  • Designated car parking spaces to the rear.
  • Carpeted
  • Demountable partitioning

Floor Areas

Unit 3                                            sq ft          sq m

Raised Ground Floor               843           78.31

Lower Ground Floor                821           76.27

Total                                             1,665        154.68

Unit 6

First Floor                                     747           69.39

Second Floor                             605           56.17

Total                                             1,352        125.6

Tenure

Each office is held by way of a 999-year lease from 24th June 1991, with ground rents of 5 pence per annum. Each long lease has a proportionate share of the freehold and thus direct involvement with the management of the estate.

Copies of the head leases are available upon request.

Terms

These offices are available to purchase individually or combined.

Guide Prices

Unit 3 –                       UNDER OFFER

Unit 6 –                       £270,000

The vendor has exercised his Option To Tax for Unit 6, and therefore a purchase will attract VAT.

Service Charge

Unit 3 – £5,245 pa

Unit 6 – £4,333 pa

Viewing Arrangements

Strictly by appointment through the agent`s offices. –Durlings – 01892 552500 / office@durlings.co.uk


 


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Property Status

FOR SALE

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Property Details

Location: Seal (Sevenoaks)
Description: Long leasehold office investments, part of East Point office development - For Sale.
Size: 1352 & 1665 sq ft
Tenure: Virtual Freehold - 999 year lease from 1991.
Price: Prices - From £270,000
Terms: For Sale - subject to the occupational leases as described.

Professional Services

Durlings have the expertise and local knowledge to carry out commercial valuations. Durlings are also able to offer both landlords and tenants representation in rent review or lease renewal negotiations. Find out more

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Contact us

22 Mount Ephraim Road,
Tunbridge Wells,
Kent. TN1 1ED

t: 01892 552 500 | f: 01892 535 526
e: office@durlings.co.uk

01892 552 500