TO LET
The Studio, Hop House, Lower Green Rd, Pembury TN2 4HS, Pembury

The Studio, Hop House, Lower Green Rd, Pembury TN2 4HS
Location Pembury
Floor Area Approx. 633ft [58.8m]
Tenure Leasehold
Description The lease is available by way of assignment. The lease is held for a term of 12 years expiring 14th June 2027 at 9,000 pa payable quarterly in advance.
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LOCATION

The property is located in the village of Pembury approximately 3 miles east of Royal Tunbridge Wells town centre and 1 mile from the A21.

The property forms part of Hop House, a multi-let office building situated on the eastern side of Lower Green Road.

DESCRIPTION

A self-contained office arranged over ground and first floors with parking.

ACCOMMODATION

Ground Floor

Reception / Entrance    approx   48ft²  [ 4.4  m²]

Office 1                        approx  134ft² [12.4 m²]

Office 2                        approx    85ft² [  7.8 m²]

Ladies and Gents WC’s

First Floor

Office 1                        approx  231ft² [21.4  m²]

Office 2                        approx    80ft² [  7.4  m²]

Kitchen                        approx    40ft² [  3.7  m²]

Store                            approx    15ft² [  1.3  m²]

Total NIA                  approx  633ft² [58.8m²]

3 on-site car parking spaces.

LEASE

The lease is available by way of assignment. The lease is held for a term of 12 years expiring 14th June 2027 at £9,000 pa payable quarterly in advance.

The lease is subject to tenant only break clauses 15th June 2021 and 2024 enabling the tenant to determine the lease on not less than 6 months’ notice. The lease is subject to rent review at 15th June 2018 and three-yearly thereafter. The lease is also excluded from the provisions of the Landlord & Tenant Act 1954 and therefore the tenant will not enjoy security of tenure when the lease expires in June 2027.

VAT

VAT is not payable.

RENTAL DEPOSIT

The ingoing party will be required to provide a rental deposit as security.

SERVICE CHARGE

The landlord operates a service charge in respect of all common and shared items – further information upon request.

BUSINESS RATES

Enquiries of the Valuation Office Agency website indicate that the premises are described as ‘Offices and Premises’ and have a Rateable Value of £8,100.

The standard UBR for 2017 / 2018 is 47.9 pence in the £.

Any interested parties are strongly advised to verify this information with the Local Rating Authority.

RENT DEPOSIT

The ingoing tenant will be required to provide a rental deposit as security against the tenant’s compliance with all covenants under the lease.

POSSESSION

Possession will be granted upon completion of legal formalities.

Legal Costs

Each party to bear their own costs sharing the landlord’s legal cost 50/50 with the assignor.

VIEWING

Strictly by appointment through sole agents Bracketts – 01732 350503.

Contact: Jeffrey Moys

Email: jeff@bracketts.co.uk

John Giblin

Email: john.giblin@bracketts.co.uk

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For more information on this property, please contact:

Jeff Moys
Bracketts Tonbridge office

Phone (01732) 350503

jmoys@bracketts.co.uk