The site is broadly rectangular in shape extending to 0.334acres (0.14hectares) and the building curves around the corner of Avebury Avenueand River Lawn Road. The approved planning permission was granted in 2019 under 19/00287/FL. The consented scheme provides permission for:
"Alteration, extension and change of use of the existing building to a mixed use to comprise 23 no. apartments, with associated parking"
Since the original application there has been several non-material amendments to the original planning application and some conditions have been discharged.
The site is within 100m of the River Medway and its landscaped banks. The public footpath opposite the property leads to the riverside and Tonbridge Memorial Garden.
The original s106 Payment due was £297,153.000 albeit it is possible that this may be subjet to change.
As far as we are aware the is no community Infrastructure Levy (CIL) payment due.
Location
Tonbridge is a popular and historic Kent town located approximately 35 miles south east of London.
The town benefits from frequent rail services to central London stations in a journey time of just over 40 minutes making it a popular commuter town.
Road links are also excellent with Tonbridge being immediately adjacent to the A21 and in turn the M20 and M25. The A26 connects the town centre to Tunbridge Wells and the south coast. The town is home to several grammar schools including Judd, Weal of Kent and Tonbridge Grammar School. West Kent College with approximately 4,500 students is also located within walking distance of the town centre.
The property is situated along Avebury Avenue which meets Tonbridge High Street at its eastern end. The High Street is a popular retail hub with a wealth of high street brands such as Waitrose, Sainsbury's, WH Smith, Greggs and independent local retailers and with two covered retail schemes Angel Walk and The Pavilion the town benefits from a strong retail offering. Tonbridge is also only 7 miles south of popular shopping destinations Royal Tunbridge and Brighton is approximately 40 miles south west.
Accommodation
The consented scheme, once completed, will provide 23 apartments on the upper floors and a commercial unit on the ground floor along with undercroft parking for 16 vehicles. The apartments will comprise a mixture of 12 x 1-bed, 8 x 2-beds and 3 x 3-beds, each with their own terraces. The original application assumes that the commercial unit will be occupied by a gym operator.
Site Area 0.334 acres (0.14 hectares)
Terms
Guide Price - Offers Invited
Tenure - The property is held freehold under title number K302407.
Method of Sale - The property will be sold by way of informal tender (unless sold prior). Offers are sought for the Freehold interest.
Sale by Joint LPA Receivers - Offered for sale on behalf of Martyn Ewing and Adam Stephens, the Joint LPA Receivers. The Receivers offer no title or collateral warranties associated with this property or transaction. The Receivers act without personal liability.
Legal Costs - Each party is responsible for their own legal costs incurred throughout the transaction.
Specification
- A part built development opportunity with planning permission granted for conversion to 23 apartments and ground floor commercial unit.
- The proposal comprises a mixture of 12x 1-bed, 8x 2-bed and 3x 3-bed apartments.
- Positive pre-app taken place seeking to initially increase the scheme to include 33 units with plans to resubmit an increased application to include 34 units.
- Between 14-20 spaces will be provided including undercroft parking.
- Site area of 0.334 acres (0.14 hectares).
- Within 2 minutes walk of Tonbridge High St and 10 minutes walk of Tonbridge Railway Station.
- Offers invited for the freehold interest,