Apple Pie Farm, Cranbrook Road, Benenden, Cranbrook | Property for sale | Savills
10,633 sq ft(987.84 sq m)
Guide price £1,600,000

Apple Pie FarmCranbrook Road, Benenden, Cranbrook

  • Under offer
  • Lead agent
  • Freehold
Investment
10,633 sq ft (987.84 sq m)
Yield 10%Yield

Key features

  • High yielding commercial investment opportunity
  • Current total rental income of circa £170,000 per annum
  • Large 2.45 acre site with 10,633 sq. ft. of office and industrial Space
  • EPC ratings of B-D
  • Potential redevelopment opportunity (STPP)
  • Rural countryside location with road access and parking areas
  • Guide Price: £1,600,000 (10.01% NIY)

Freehold commercial investment opportunity for sale with potential for future redevelopment (STPP).

About this property

  • Apple Pie Farm forms part of a wider complex of former agricultural buildings that have been converted to commercial uses, including storage. The site itself extends to an approximate site area of 2.45 acres and comprises 10,633 sq. ft of office and industrial accommodation. The site also benefits from 30x storage containers which are included within the sale and are let on numerous licences for general self-storage purposes. The property benefits from surrounding yard space which provides parking and loading areas. There is a long driveway providing direct road access to Cranbrook Road (B2068).

Local information

  • The Property is located 1.4 miles northwest of Benenden, a Wealden village in the borough of Tunbridge Wells. The site is situated approximately 2.5 miles south east of Cranbrook, 6.7 miles west of Tenterden, 7.6 miles south of Staplehurst, and 10.4 miles northeast of Etchingham.
  • Staplehurst and Etchingham offer stations with regular train services to London Bridge in around 60 minutes. Access by car to London and the international airports can be gained via the nearby A21 which links to the M25, and access to the Channel Tunnel and ferry ports can be gained via the M20 at Ashford. There are also bus services with routes to Tenterden and Tunbridge Wells via the surrounding villages.

Additional information

  • The site is being marketed by way of private treaty.
  • The site is not located in any conservation area, nor does it contain any listed buildings. It also falls outside of the Green Belt.
  • It is considered the property may have potential for future residential redevelopment, although purchasers are advised to make their own planning enquiries in this regard.

Energy performance

Most units are rated EPC B with one C rating and one D rating.