Investment
Space NK, Sevenoaks
98 High Street, Sevenoaks, Kent
Investment Details
Description
We acquired this property in December 2014. At the time of acquisition it comprised of residential accommodation in the upper parts and a vacant retail unit on the ground floor. To the rear there was a rundown house. Â The property is located in an excellent position in Sevenoaks High Street.
Business Plan
Acquired from a retailer, the Property has been refurbished extensively with the upper floors being converted into four 1 and 2-bed apartments. The retail unit is currently let to Space NK and the plot to the rear has been sold to a developer. Our intention is to hold the asset in the long term and continue to lease the space.