The Major Yorke Studios, 5-11 Langton Road, Tunbridge Wells, Kent, TN4 8XA
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- SECTOR
Hotel for sale
Key features
- 8 bed-sits, 1 studio & 1 self-contained flat
- Short walk into Tunbridge Wells town centre
- Set over 4 floors, circa 4900 sq ft
- Large bar area & store room currently unused
- Grade II listed building
- Scope to convert. Energy Rating TBC
- Christie & Co Ref: 8846283
Description
A charming and historic property located in the picturesque town of Royal Tunbridge Wells. The Major Yorke offers unique, but flexible, accommodation on a medium to long term basis.
Previously a public house, it has been converted into a series of studio rooms with kitchenette’s in all.
The property has had a new electric boiler installed and has CCTV fitted throughout.
The property sits to the west of the town centre opposite the Spa Hotel and next to Tunbridge Wells Common.
The town itself is an affluent Spa town, situated in North West Kent, only 35 miles south east of central London, 25 miles east of Gatwick and 16 miles west of Maidstone. There is a fast and frequent train service to London terminals, with Charing Cross a 50 minute journey.
The main property features eight bed-sits of different sizes and one studio to suit a range of tenants, with ancillary WC’s, a laundry room, shower rooms and a large basement currently used for storage.
There is also a self-contained one bedroom flat laid out over two floors.
All accommodation is currently let on AST’s.
The current owner is selling to concentrate on other investments.
The property has previously had planning consent granted for three separate dwellings as follows:-
Unit 1 – 4/5 bed 212 sq m / 2181 sq ft
Unit 2 – 2 bed 110 sq m / 1184 sq ft
Unit 3 – 2 bed 109 sq m / 1173 sq ft
All to make use of the basement, and these plans could be revisited and we believe make an attractive proposition for a local developer.
With a large basement currently unused, we also believe there is scope for refurbishment offering a large open plan space available to rent for short term local groups, subject to local planning regulations. It could also be rented out for storage, something which has already been granted by Tunbridge Wells Borough Council.
The property is currently fully let and generates an annual income £78,300, representing a gross yield of 8.7%.
There is also a laundry room with coin operated machines which generate further ancillary income.
Energy Performance Certificates
EPC 1Brochures
The Major Yorke Studios, 5-11 Langton Road, Tunbridge Wells, Kent, TN4 8XA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Tunbridge Wells Station0.8 miles
- High Brooms Station1.9 miles
- Frant Station2.8 miles
About Christie & Co, Hotels
Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS
We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.
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Notes
Disclaimer - Property reference 8846283-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Hotels. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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