Property photos
Just added
Guide price
£1,300,000
(£221.24/sq. ft)
Retail premises for sale
High Street, Royal Tunbridge Wells TN15,876 sq. ft
Local area information
Property location
Nearby amenities
- Tunbridge Wells 0.1 miles
- Claremont Primary School 0.3 miles
- The Mead School 0.4 miles
- High Brooms 1.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Tunbridge Wells to find out more about the local area.
Features and description
- Close to many multiples
- Development potential
- High footfall
- High Street location
Freehold Investment/Development Opportunity – Offers in Excess of £1,300,000
Discretion required- please do not visit the premises under any circumstances without a prior appointment through us.
A rare opportunity to acquire a substantial mid-terrace period freehold property in a highly desirable location, offering significant potential for refurbishment, redevelopment, or long-term investment. Situated in a prominent position, the building benefits from excellent visibility and access. Please note that the building is listed.
The building comprises approximately 5,036 sq ft across four levels. The ground floor and lower ground floor, measuring approximately 2,105 sq ft and lower level of 271 sq ft respectively, will be sold with vacant possession. These floors present a prime opportunity for retail, restaurant, office, showroom and many other users under ‘E’ use class.
Planning permission was granted in 2013 for the creation of a three-bedroom flat in the additional first floor area towards the rear of the showroom- application number 121 03246/F U L/G M2. This space, which measures approximately 840 sq ft, is only accessible by ladder and presents a valuable opportunity for possible redevelopment. The property may also offer scope for a full-height extension, including the potential to add windows to the side elevation, subject to the necessary planning consents.
The first and second floors, currently let to Knights Solicitors, generate a rental income of £18,500 per annum. The lease expired two years ago and we believe the original lease was drafted outside of the Landlord and Tenant Act 1954. The first floor comprises around 1,650 sq ft, and the second floor adds a further 1,010 sq ft.
This is an exciting prospect for investors or developers seeking to acquire a well-located freehold with flexible short-term income and strong long-term income/development potential in a thriving and well-connected location.
Tunbridge Wells has excellent public transport links nearby—providing easy access to Central London and surrounding boroughs. The location is popular with both residential and commercial occupiers, making it ideal for mixed-use development or reconfiguration to maximise rental yields.
Discretion required- please do not visit the premises under any circumstances without a prior appointment through us.
A rare opportunity to acquire a substantial mid-terrace period freehold property in a highly desirable location, offering significant potential for refurbishment, redevelopment, or long-term investment. Situated in a prominent position, the building benefits from excellent visibility and access. Please note that the building is listed.
The building comprises approximately 5,036 sq ft across four levels. The ground floor and lower ground floor, measuring approximately 2,105 sq ft and lower level of 271 sq ft respectively, will be sold with vacant possession. These floors present a prime opportunity for retail, restaurant, office, showroom and many other users under ‘E’ use class.
Planning permission was granted in 2013 for the creation of a three-bedroom flat in the additional first floor area towards the rear of the showroom- application number 121 03246/F U L/G M2. This space, which measures approximately 840 sq ft, is only accessible by ladder and presents a valuable opportunity for possible redevelopment. The property may also offer scope for a full-height extension, including the potential to add windows to the side elevation, subject to the necessary planning consents.
The first and second floors, currently let to Knights Solicitors, generate a rental income of £18,500 per annum. The lease expired two years ago and we believe the original lease was drafted outside of the Landlord and Tenant Act 1954. The first floor comprises around 1,650 sq ft, and the second floor adds a further 1,010 sq ft.
This is an exciting prospect for investors or developers seeking to acquire a well-located freehold with flexible short-term income and strong long-term income/development potential in a thriving and well-connected location.
Tunbridge Wells has excellent public transport links nearby—providing easy access to Central London and surrounding boroughs. The location is popular with both residential and commercial occupiers, making it ideal for mixed-use development or reconfiguration to maximise rental yields.
More information
Listed by
Franklin Commercial
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Property descriptions and related information displayed on this page are marketing materials provided by - Franklin Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Franklin Commercial for full details and further information.