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Substantial Freehold Commercial And Residential Premises On 0.45 Acres - Part Let With Future Conversion Potential

Substantial Freehold Commercial And Residential Premises On 0.45 Acres - Part Let With Future Conversion Potential

Address

Woodside (Formerly Lloyds Bank) & Bank House, High Street, Cranbrook, Kent, TN17 3DN, England

Auction date

12 Jun 2025

Guide price

£630,000

Type

Commercial

Tenure

Freehold

EPC Rating

C

Auctioneer

Clive Emson

Description

This landmark period building is located in the heart of the popular town of Cranbrook. It comprises a commercial property that has been a banking hall and a separate large residential house, both of which sit on a parcel of land spanning 0.45 acres. The commercial property is currently vacant, while the residential house is let on an Assured Shorthold Tenancy Agreement generating £20,000 per annum.

The site offers potential for various future uses, given its size and location, pending necessary consents.

Ground Floor includes a former banking hall, interview room, and ancillary offices. The basement provides storage space, while the first floor features staff facilities. The property has a total floor area of 298 sq.m.

Featuring an entrance hall, living and dining areas, kitchen, four bedrooms, and a garden at the rear.

The commercial section has an EPC rating of C, and the residential accommodation is rated D.

Last update: 03 Jun 2025

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