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31 High Street, Cranbrook, Kent, TN17 3EE

www.sibleypares.co.uk 01233 629281 enquiries@sibleypares.co.uk

COMMERCIAL UNIT WITH REDEVELOPMENT POTENTIAL ON THE UPPER FLOORS – FOR SALE

31 High Street, Cranbrook, Kent, TN17 3EE

Description

Grade II listed commercial unit set over three storeys plus basement

and now benefitting from use class ‘E’. There are offices to the first and

second floor with planning submitted for the conversion of the upper

floors into a two bedroom flat. The ground floor benefits from a

suspended ceiling with recessed lighting, electric storage heaters, A/C

and rear parking.

Location

The property is located on Cranbrook High Street, with adjoining

occupiers including Coral, Nationwide, Kingsford Solicitors, Co-op,

Costa & various Estate Agents. Cranbrook is a picturesque historic

market town in an affluent location in the Weald of Kent, with a wide

range of local shops and amenities. Staplehurst mainline train station

is about 5 miles away and offers services to London and Ashford.

Prime High Street Location

Redevelopment potential of the upper floors, with

planning submitted for a split level two-bedroom flat

Existing use Class ‘E’, which incoroporates uses such

as Shops, Cafés/Restaurants, Offices and Clinics,

amongst others

31 High Street, Cranbrook Kent, TN17 3EE

Residential Potential

The upper floors have potential to be self-contained. There is already an external staircase (at the rear) to

the first floor and, therefore, potential to convert the upper floors to a two bedroom flat. The vendor has

submitted applications to Tunbridge Wells Borough Council for planning permission and listed building

consent for the change of use of the two upper floors to a two bedroom flat (and associated internal

alterations). The applications have been allocated reference numbers 20/02884/FULL and 20/02885/LBC.

Pre-application advice was sought and the response was favourable, with only relatively minor works

required such as fire and sound resistance measures between the commercial and residential spaces, plus

removal of the internal staircase between the ground and first floors.

In 2014 the occupational tenant at that time sought pre-application advice for a ground floor extension,

at the rear of the building, to provide an additional open plan office. The response was favourable but the

tenant decided not to proceed with an application.

Parking

The freehold includes part of the parking area to the rear. The vendor believes that there is sufficient space

on his part of the parking area to park seven cars but the purchaser must make his own assessment.

Additionally the purchaser should be aware that the owners of the adjoining property, 29 High Street,

claim to be entitled (by virtue of long use by them and their predecessors) to use space for parking three

cars, that is, two on the vendor’s land and one on that part of the parking area not owned by the vendor.

Basement NIA sq m NIA sq ft

Storage 13 142

Ground Floor

Retail Area/Office 27 294

Kitchen 2 17

Rear Office 12 131

First Floor

Offices 35 372

Second Floor

Offices 21 230

Net Internal Area 110.18 1,186

Terms/Guide Price £250,000 for the Freehold, subject to vacant possession.

VAT

We understand the property is not elected for VAT.

Legal Costs Each side to bear its own legal and professional costs.

EPC The property has been rated as a ‘D’.

Rateable Value The premises are assessed at a rateable value of £13,250. The ground floor and basement will need to be re-assessed if converted.

Viewing/Enquiries Viewing strictly by prior appointment through the agents: Josh Olney: josh.olney@sibleypares.co.uk / 01233 629281 Alternatively, please contact our joint agents Lambert and Foster: Alec Cox: alec.cox@lambertandfoster.co.uk / 01580 712888

Existing Floor Plan Proposed Floor Plan

31 High Street, Cranbrook Kent, TN17 3EE

NOTE: Rental, prices or any other charges are inclusive of VAT unless otherwise stated.

MISREPRESENTATION ACT 1967. These particulars are believed to correct, their accuracy cannot be guaranteed and are expressly excluded from any other contract. Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in

these particulars. No fittings, appliances or services mentioned have been tested by Sibley Pares