Property photos
Non quoting
Land for sale
The Old Forge, Chartway Street, East Sutton, Maidstone, Kent ME1778,408 sq. ft
Local area information
Property location
Nearby amenities
- Kingswood Primary School 0.5 miles
- Ulcombe Church of England Primary School 1.1 miles
- Harrietsham 2.5 miles
- Hollingbourne 3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Site Area of 1.8 Acres
- Price On Application - Unconditional Offers Invited
- 3.9 Miles from Junction 8 of the M20
- Suitable for alternative uses, subject to gaining the necessary consents
This site, located southwest of Kingswood and on the south side of Chartway Street, offers an excellent development opportunity. Spanning 0.73 hectares (1.8 acres) and registered under title references K304438 and K576201, the property includes an old commercial warehouse (Use Class E), a smaller outbuilding at the rear, and a large enclosed field to the south. The commercial warehouse, currently in poor condition, is planned be demolished to make way for a residential development.
The site is classified as brownfield land and has planning permission for three detached houses, granted in September 2022 under planning reference 21/503150/full.
The additional land to the south offers some prospects for additional development. Any future development on this area would be subject to an overage payment with the vendor.
There is a Community Infrastructure Levy (cil) Liability of £13,512, but there is no requirement for affordable housing or additional Section 106 contributions
The existing commercial buildings are part occupied under a tenancy with a 3-month option to determine where the tenant is paying £19,000 per annum, as such Vacant Possession can be given. More information about the tenancy upon request.
The existing buildings currently attract the below business rates which are currently paid by the tenant save as for the Store which is occupied by the vendor
Store adj Old Forge Works: £2,900
Offices at Old Forge Works: £4,000
Unit A Old Forge Works: £12,250
Unit B Old Forge Works: £8,200
A data room of additional information is available on request.
The site is being offered for sale by way of an open informal tender process. Offers are sought for the freehold interest on an unconditional basis.
Price on Application.
Offers to be received by 28th June 2024
The landowners reserve the right to invite best and final bids, as well as the right not to accept the highest or any offer.
The site is classified as brownfield land and has planning permission for three detached houses, granted in September 2022 under planning reference 21/503150/full.
The additional land to the south offers some prospects for additional development. Any future development on this area would be subject to an overage payment with the vendor.
There is a Community Infrastructure Levy (cil) Liability of £13,512, but there is no requirement for affordable housing or additional Section 106 contributions
The existing commercial buildings are part occupied under a tenancy with a 3-month option to determine where the tenant is paying £19,000 per annum, as such Vacant Possession can be given. More information about the tenancy upon request.
The existing buildings currently attract the below business rates which are currently paid by the tenant save as for the Store which is occupied by the vendor
Store adj Old Forge Works: £2,900
Offices at Old Forge Works: £4,000
Unit A Old Forge Works: £12,250
Unit B Old Forge Works: £8,200
A data room of additional information is available on request.
The site is being offered for sale by way of an open informal tender process. Offers are sought for the freehold interest on an unconditional basis.
Price on Application.
Offers to be received by 28th June 2024
The landowners reserve the right to invite best and final bids, as well as the right not to accept the highest or any offer.
More information
Listed by
Sibley Pares(Taylor Riley) Limited
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