Available
Tunbridge Wells – Land with Development Potential
Land at Mount Ephraim, Tunbridge Wells TN4 8BSFreehold Land with Residential Development Potential
Price
OIEO £1,000,000
Rent P.A.
Vacant
Tenure
Freehold
Area
0.28 Acres
VAT Applicable
Yes
Sector
Investment Consideration
- Comprises plot of land c. 0.28 acres
- Residential development potential, subject to obtaining the necessary consents
- Planning previously granted in 2019 (now lapsed) for construction of residential block of 7 apartments
- Planning previously granted in 2016 (now lapsed) for construction of 2 semi-detached houses
- Situated within 13 min walk from Tunbridge Wells Train Station and High Street, with occupiers nearby including Hotel, Restaurant, Pharmacy and more.
Key Features
Tenure
Freehold
VAT
VAT is Applicable
Property Description
Comprises vacant plot of land (0.28 acres) currently used as a car park. The property has planning permission previously granted (now lapsed) for the following:
Planning Ref: 18/03841/FULL
Construction of residential block of seven apartments, plus associated works.
Planning Ref: 16/505204/FULL
Construction of two semi-detached residential dwellings, car parking and associated works.
Planning Ref: 18/03841/FULL
Construction of residential block of seven apartments, plus associated works.
Planning Ref: 16/505204/FULL
Construction of two semi-detached residential dwellings, car parking and associated works.
Location Description
Mount Ephraim is a popular area of Tunbridge Wells, around 0.6 miles from the town centre and mainline station. The property benefits from its close proximity to the Common, only a short distant to the historic Pantiles. Royal Tunbridge Wells has a wide range of pretty architecture and a variety of cultural, entertainment and shopping facilities, numerous cafés and restaurants and a mixture of chain and independent shops. The property is situated within 13 min walk from Tunbridge Wells Train Station and High Street, with occupiers nearby including Hotel, Restaurant, Pharmacy, Medical Practice and more.