The Woodman, The Woodman, 2 High... Residential development for sale

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The Woodman, The Woodman, 2 High... Residential development for sale

The Woodman, The Woodman, 2 High Street, Sevenoaks, Kent
£795,000

Our Summary

  • The Woodman, benefits from planning permission to convert the upper floors into 4x residential apartments whilst retaining commercial space to the ground floor
  • 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
  • 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)
  • Planning for 4x 2-bedroom Flats & a Commercial unit
  • Potential to Develop Rear Car Park (STPP)

Description

This historic Victorian building, known as The Woodman, offers a unique opportunity to acquire a prominent pub with planning permission to convert the upper floors into four residential apartments while retaining commercial space on the ground floor. The ground floor features a bar, customer seating, kitchen, and toilets, while the upper floors currently comprise two self-contained flats. The property also boasts a cellar, outside seating areas, and a large car park with potential for further development (subject to planning). With a lease GDV of £95,000 and a potential resale value of £1.6 million, this property has significant investment potential. Additionally, the commercial unit can be changed to E-class use (subject to a successful planning application), making it an attractive opportunity for developers or investors looking to capitalize on its prime location.