TypeOffice Investments
TenureFor sale
East Point is a purpose-built office scheme constructed in the late 1980's. Each unit is held on a 999 year lease from 1991 and benefits from a share of the management company. Unit 3 comprises the ground and lower ground floors of the mid-terrace unit. The unit is allocated 6 parking spaces in the rear car park. Seal is located approximately 2.5 miles east of Sevenoaks, on the A25. Road and rail connection are good, with Junction 5 of the M25 being approximately 4 miles to the west and the M26/M20 Junction is 5.5 miles east. Sevenoaks Station provides direct services as follows:
London Bridge: From 21 mins
London Charing Cross: From 31 mins
Tunbridge Wells: From 18 mins
Seal is located approximately 2.5 miles east of Sevenoaks, on the A25. Road and rail connection are good, with Junction 5 of the M25 being approximately 4 miles to the west and the M26/M20 Junction is 5.5 miles east.
Seeking OIRO £235,000
Annual rent of £28,642.50 for a term to June 2028
Equating to a yield of 9.75%, assuming standard purchaser's costs
Capital value of £165 per sq ft
No VAT
Adjacent Unit 4 (vacant) also available
6 parking spaces
EPC C