LET
3A Stone Street, Cranbrook

3A Stone Street
Location Cranbrook
Floor Area Total NIA approx. 473 sq ft [43.9 sq m]
Tenure Leasehold
Description Guide Rent 10,500 per annum exclusive
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LOCATION / SITUATION

Cranbrook is an historical Wealden market town located approximately 12 miles east of Tunbridge Wells and 12 miles south of Maidstone.

The property is situated at the very heart of the town centre close to the intersection of High Street, Stone Street and Carriers Road. The premises are situated within a traditional retail parade opposite the George Hotel.

DESCRIPTION

Ground floor retail premises within an historic Grade II Listed building.

ACCOMMODATION

Ground Floor:

Retail  Sales Approx.   181ft²   [16.8m²]

Rear Sales / Office Approx.   199ft²   [18.5m²]

Rear Office Approx.     93ft²   [  8.6m²]

WC

TOTAL NIA Approx.    473ft²  [43.9m²]

LEASE

The premises are available by way of a new effective 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 from the lease.

GUIDE RENT

£10,500 per annum exclusive.

Rent payable quarterly in advance on the usual quarter days.

VAT

We are advised that the landlord has not waived its exemption from VAT – as such VAT is not applicable.

BUSINESS RATES

Enquiries of the VOA website indicate that the property has a Rateable Value of £7,900. The standard UBR for 2018 / 2019 is 49.3 pence in the £.

Subject to satisfying certain criteria the ingoing Tenant may qualify for small business rates relief.

Any interested parties are strongly advised to verify this information with the local rating authority.

RENTAL DEPOSIT

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

LEGAL COSTS

The ingoing Tenant to pay both parties legal costs.

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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