98 High Street – Sevenoaks

Description

The Property comprises a vacant retail unit with office and residential accommodation on the upper parts. To the rear there is a dilapidated house.  The property is located in the prime pitch in Sevenoaks High Street.  Acquired in December 2014.

Business Plan

Acquired from a retailer, the Property was extensively refurbished upon completion with the upper parts being converted into four 1 and 2-bed apartments. The retail unit was let for a term of 10 years to Pets at Home (t/a Barkers) and the plot to the rear was sold to a developer. The intention is to hold the asset in the long term and lease the space.

Acquired on behalf of:

Private Client