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MapGuide price
£795,000Residential development for sale
The Woodman, The Woodman, 2 High Street, Sevenoaks, Kent
Residential development
2539
Key information
Features and description
- Detached Mixed-Use Building in a Prominent Position.
- Planning for 4x 2-bedroom Flats & a Commercial unit.
- Potential to Develop Rear Car Park (STPP).
- GDV Value c.£1.6m (sales) & c.£95,000pa (lease).
- Available with Vacant Possession.
- Guide Price £795,000.
- Overlooking Otford's Picturesque Pond & Green.
- Superb Transport Links.
A unique opportunity to acquire this prominent, detached, Victorian building (dating back to the 18th century), which is currently being used as a well-known pub within the local community.
The Woodman, benefits from planning permission to convert the upper floors into 4x residential apartments whilst retaining commercial space to the ground floor. The ground floor is arranged as a bar and customer seating area with a kitchen and customer toilets. There is a convenient c.144sqft cellar below the bar at basement level. The first floor of the property is currently comprised as a 2-bedroom, 2-bath self-contained flat with reception room, kitchen, and storage, whilst the second-floor houses a further 1-bedroom flat with ensuite, kitchen and reception room. Externally to the front/rear, there is outside seating which is covered and uncovered. The prominent site located on a well-known junction within the local neighbourhood, has views of the landscaped green and pond, whilst further benefitting from an extensive car park to the rear/side, which could have further development potential (subject to planning). Once developed units secure consent, the property has superb potential to hold as a long term unbroken freehold investment with a lease GDV of c.£95,000, as well as being able to develop and resell with a GDV value of c.£1,600,000. The commercial unit has the potential to be changed to E class use (subject to a successful planning application) with the seller open to a buyer acquiring the site subject to a successful change of use planning application (if required).
The Woodman, benefits from planning permission to convert the upper floors into 4x residential apartments whilst retaining commercial space to the ground floor. The ground floor is arranged as a bar and customer seating area with a kitchen and customer toilets. There is a convenient c.144sqft cellar below the bar at basement level. The first floor of the property is currently comprised as a 2-bedroom, 2-bath self-contained flat with reception room, kitchen, and storage, whilst the second-floor houses a further 1-bedroom flat with ensuite, kitchen and reception room. Externally to the front/rear, there is outside seating which is covered and uncovered. The prominent site located on a well-known junction within the local neighbourhood, has views of the landscaped green and pond, whilst further benefitting from an extensive car park to the rear/side, which could have further development potential (subject to planning). Once developed units secure consent, the property has superb potential to hold as a long term unbroken freehold investment with a lease GDV of c.£95,000, as well as being able to develop and resell with a GDV value of c.£1,600,000. The commercial unit has the potential to be changed to E class use (subject to a successful planning application) with the seller open to a buyer acquiring the site subject to a successful change of use planning application (if required).
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