The RO Group has sold the One Suffolk Way office building in Sevenoaks to a private investor for £6.1m.
The fully occupied, multi-let office building was recently refurbished to upgrade its sustainability credentials and now has an EPC B rating and two star Fitwel certification.
One Suffolk Way benefits from a large car park to the rear of the building and offers redevelopment potential to provide a multi-storey residential-led scheme.
Nick Cashmore, investment director at the RO Group, said: “We are very pleased to announce the successful sale of One Suffolk Way having recently completed the letting of the final vacant floor, within three months of becoming vacant, to set a new prime office rent for Sevenoaks. This deal aligns with our continued strategy to realise value from our portfolio. We intend to reinvest the proceeds into strategic acquisitions focusing on the industrial and roadside sectors.”
The RO Group was advised by Allsop and Womble Bond Dickinson. Ereira Mendoza acted for the purchaser.
