Summary - THE OAST, 81, MILL STREET ME19 6BU
1 bed 1 bath Office
Freehold Oast investment with immediate income and 19 car spaces.
Freehold office investment producing £77,235 pa
A rare freehold office investment set in an attractive converted Oast on the Mill Pond, currently producing £77,235 per annum. The building comprises two self-contained suites (ground floor offices and a refurbished first-floor yoga studio) and includes 19 car parking spaces — strong immediate income with a visible ARY of 8.58% at the asking price.
The location combines semi-rural character with good connectivity: East Malling station is a five-minute walk and Junction 4 of the M20 is within easy reach, making the site accessible to London commuters and local businesses. The property sits opposite a Grade II listed mill in a comfortable neighbourhood, adding locational charm to the investment proposition.
Key transactional considerations: the two occupational leases expire in August 2026 and April 2029 respectively, so there is medium-term lease roll risk. The building has an EPC rating D (97) and medium flood risk; prospective buyers should factor in energy improvements, flood mitigation and standard listed-building constraints. Business rates and VAT apply; purchasers should verify all costs and tenant covenant strength before offer.
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