Summary - 101, HIGH STREET TN9 1DR
1 bed 1 bath Retail Property (high street)
Fully let high-street building with lift, parking and castle views.
Annual residential income £309,500 pa secured by Council lease
A rare, fully let high-street investment in the heart of Tonbridge, producing a secured residential income of £309,500 per annum from 19 apartments. The building sits prominently opposite Tonbridge Castle and the River Medway and benefits from recent conversion and refurbishment, lift access, ten undercroft parking spaces and some apartments with terraces and scenic views.
The current income is secured by a 10-year lease to Tonbridge & Malling Borough Council, offering immediate, low-management cashflow in a very affluent town centre location with strong transport links to London. The high-street frontage, period brick façade and central position near shops, restaurants and rail services underpin long-term tenant demand and future re-letting potential.
Important note for buyers: only ten years remain on the head lease to the council. This limited lease term is likely to deter some mortgage lenders and may restrict purchaser types. Buyers should check finance availability and factor lease expiry into valuation and exit planning.
Overall this is a turn-key, low-management town-centre investment with secure income and clear reversionary potential when the lease approaches expiry. Suited to cash buyers or investors who can accommodate lease-length financing constraints and who value location-led capital prospects.
High street retail property for sale in 158 High Street & 2a Bank Street, Tonbridge, Tonbridge, TN9 1BB, TN9 — £495,000 • 1 bed • 1 bath • 3050 ft²
High street retail property for sale in 77-81 High Street, Tonbridge, TN9 1RX, TN9 — £1,300,000 • 1 bed • 1 bath • 15998 ft²
3 bedroom mixed use property for sale in 26 Avebury Avenue, Tonbridge, Kent, TN9 — £695,000 • 3 bed • 1 bath • 1732 ft²
Convenience store for sale in Organic Village, 113 High Street, Tonbridge, TN9 1DL, TN9 — £1,000,000 • 1 bed • 1 bath • 14585 ft²
1 bedroom apartment for sale in Lyons Crescent, Tonbridge, Kent, TN9 — £165,000 • 1 bed • 1 bath • 558 ft²
1 bedroom flat for sale in High Street, Tonbridge, Kent, TN9 — £200,000 • 1 bed • 1 bath • 472 ft²
