01892 552 500 01892 552 500Location
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 3 – Leased until July 2025 with a passing rent of £25,140 pax, and subject to an upward only review on 30th June 2022.
Unit 6 – Leased 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
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
