UNDER OFFER
126 London Road, Southborough

126 London Road
Location Southborough
Floor Area Total NIA approx. 1,814 sq ft [168.5 sq m]
Tenure Leasehold
Description Guide Rent 12,000 per annum exclusive
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LOCATION

The property is located within the heart of Southborough approximately 3 miles north of Tunbridge Wells town centre and close to the Yew Tree Road Public car park.

SITUATION

The property is situated within an established neighbourhood parade and is accessed via a shared driveway off the main A26 London Road.

DESCRIPTION

Two storey workshop / warehouse with ancillary showroom and offices.

ACCOMMODATION

Ground Floor:

Workshop Approx. 548ft2 [50.9m2]

Showroom Approx. 144ft2 [13.4m2]

Office Approx. 136ft2 [12.3m2]

Meter Cupboard Approx.    41ft2 [ 3.8m2]

Internal WC & external - WC

First Floor

Workshop Approx. 570ft² [52.9m²]

Store / hallway Approx. 132ft2 [12.1m2]

Store / Kitchenette Approx. 161ft² [14.9m²]

Office Approx.  82ft²  [  7.6m²]

Total NIA     Approx.1,814t² [168.5m²]

LEASE

The premises are available by way of a new full repairing 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.

GUIDE RENT

£12,000 per annum exclusive.  We are advised that the rent will not attract VAT.

RENTAL DEPOSIT

The ingoing tenant will be required to provide a rental deposit as security against compliance with the terms of the lease.

PLANNING

We have not made any enquiries into past or present use of the property but understand that the most recent occupier used the premises as a photographic studio. Any interested party must rely upon their own enquiries of the local Planning Authority.

BUSINESS RATES

Enquiries of the VOA website indicate that the property is described as “Workshop and Premises” and has a Rateable Value of £10,750. The Standard UBR for 2017 / 2018 is 47.9 pence in the £.

Interested parties are strongly advised to make their own enquiries of the local Rating Authority to verify this information.

LEGAL COSTS

Each party to pay their own legal costs save that the ingoing party will be required to provide a legal undertaking to pay any abortive legal costs incurred by the Landlord.

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For more information on this property, please contact:

Darrell Barber
Bracketts Tunbridge Wells office

Phone (01892) 559507

darrell@bracketts.co.uk