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25a West Street, Kent, ME10 1AL
£375,000 Offers in excess of
Bedrooms
Prime Investment Opportunity Historic Public House with Development Potential
Set in the heart of the picturesque village of Charing, on the vibrant High Street, The Royal Oak Public House presents a rare and exciting opportunity for investors and developers alike. This substantial, detached property boasts a commanding presence in a sought-after Kent location, nestled between Ashford and Maidstone, with excellent transport links nearby.
Currently vacant and requiring a full refurbishment, The Royal Oak offers a blank canvas for a visionary transformation. The ground floor features the classic layout of a traditional English pub, with a huge kitchen and dining space. The upper floor houses a former nightclub a unique addition that could be revitalised into a modern entertainment space, boutique accommodation, or reimagined for alternative commercial or residential use (STPP). There is also several rooms ideal for AirBnB
To the rear, the property benefits from ample off-street parking, an increasingly rare asset in central village locations, enhancing both customer convenience and development flexibility and a large beer garden.
Adding to the attraction is a stabilisation loan facility of up to 25 million designed for revitalising sitesoffering significant financial backing for refurbishment, redevelopment, or creative repurposing. This makes The Royal Oak an exceptional investment opportunity in one of Kents most desirable villages.
Key Features:
Freehold public house in central Charing
Beautiful historic high street location
Upper floor with nightclub space
Extensive rear parking
Full refurbishment required blank canvas
Eligible for stabilisation loan funding (up to 25 million)
Huge potential for hospitality, residential, or mixed-use development (STPP)
Dont miss this opportunity to breathe new life into a local landmark and capitalise on a high-demand area with considerable funding support.
Enquire now for further details or to arrange a viewing.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
25a West Street, Kent, ME10 1AL
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