|Floor Area||APPROX. 1,180FT2 [109.6M2]
|Description||£20,000 per annum exclusive.|
Royal Tunbridge Wells is an affluent and historic spa town situated approximately 35 miles south east of central London with a resident population of around 100,000.
The town is situated on the A26 which links via the A21 dual carriageway with Junction 5 of the M25 motorway and has a frequent train service to central London (approximately 60 minutes).
The property occupies an excellent position within The Pantiles directly opposite Jack Wills and just a few metres from And So To Bed and The Futon Company. The Pantiles provides a distinctive pedestrianised shopping environment amongst historic buildings and is a focal point for specialist retailers, antique traders, gift shops and, increasingly, wine bars and restaurants.
We are advised that the property is Listed (Grade II).
The premises are arranged over ground floor and basement comprising:
Retail sales: approx. 671ft² [62.3m²]
(inc. raised area to rear)
Stores: approx. 509ft² [47.3m²]*
*including areas with restricted head height.
Note – Floor areas provided by client – any interested party must rely upon own inspection and measurement.
The property is available by way of a new Full Repairing (via service charge) and Insuring Lease for a term to be agreed. The provisions of sections 24 – 28 inclusive of the Landlord & Tenant Act 1954 are to be excluded from the lease.
£20,000 per annum exclusive. Rent payable quarterly in advance on the usual quarter days.
The ingoing tenant will be required to provide a rental deposit.
We are advised that the rent will not attract VAT.
Enquiries of the VOA Website indicate that the premises have a Rateable Value of £17,000. The The UBR for 2013 / 2014 is 41.7 pence in the £.
Interested parties are strongly advised to make their own enquiries of the Local Rating Authority to verify this information.
Each party to be responsible for their own costs save that the ingoing tenant will be required to provide an undertaking to pay any abortive legal costs incurred by the Landlord.
Bracketts Tunbridge Wells office
Phone (01892) 559507