UNDER OFFER
Unit 2, 2 Nevill Street, Tunbridge Wells

Unit 2, 2 Nevill Street
Location Tunbridge Wells
Floor Area Total NIA approx. 605 sq ft [56.2 sq m]
Tenure Virtual Freehold
Description Guide Price 205,000
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LOCATION / SITUATION

Royal Tunbridge Wells is an affluent and historic Spa town situated approximately 35 miles south east of Central London.  The Borough has a resident population of around 100,000 people.

The main arterial route to the north is via the A26 through Southborough linking with the A21 which serves the M25 at Junction 5.  There is a main line station situated on Mount Pleasant Road with an average journey time of approximately one hour to the capital.

The property is situated on the Western side of Nevill Street just a few metres from the entrance to the historic Pantiles and the One Warwick Park Hotel.

DESCRIPTION

The property comprises part of the ground floor of a larger Grade II listed property.   The premises are used as a beauty salon trading as Mirror Beauty.

ACCOMMODATION

Ground Floor:

Retail Sales / Consulting Rooms

Total NIA approx. 605ft2 [56.2m2]

WC

TENURE

Virtual Freehold (999 year ground lease at a peppercorn rent from 2005) subject to the existing lease:

The premises are let to Christine Mary Richardson and Alice Drummond for a term expiring 5th September 2021 at a rent of £15,000 per annum*.  The rent is payable monthly in advance and  is inclusive of buildings insurance and service charge.

The Lease benefits from the protection afforded by the Landlord & Tenant Act 1954.

Copies of the ground lease and underlease available upon request.

GUIDE PRICE

£205,000 (Two hundred & five thousand pounds).

VAT

We are advised by our client that they have waived exemption from VAT - as such VAT will be applicable.

BUSINESS RATES

Enquiries of the VOA website indicate that the premises has a Rateable Value of £13,250.  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 be responsible for their own legal costs save that the Purchaser will be required to provide an undertaking to pay any abortive legal costs incurred by the Vendor.

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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