UNDER OFFER
16 High Street, Tunbridge Wells

16 High Street
Location Tunbridge Wells
Floor Area GF Approx. 580sq ft [53.8sq m]
First & Second Floors Approx. 496sq ft[46.0sq m]
Tenure Leasehold
Description Guide Rent 36,000 p.a.x.
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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.

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 Charing Cross and Cannon Street (journey time of approximately 60 minutes).

The property is situated on the western side of the High Street approximately 125 metres south of the station.  Nearby occupiers include Caroline Charles, PURE, Joules, Crew, Feather & Black, The White Company, Suzie Watson Designs, Your Move, Caffe Nero, Leicht and Farrow & Ball.

DESCRIPTION

Retail premises arranged over ground, first and second floors plus a small basement accessed via trap door.

ACCOMMODATION

Ground Floor:

Retail Sales Approx. 580ft2  [53.8m2]

First Floor:

Offices / Stores  & Kitchen Approx. 266ft2  [24.7m2]

WC

Second Floor:

Office / Stores Approx. 230ft² [21.3m²]

Basement

Accessed via trap door - not measured.

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 from the Lease.

GUIDE RENT

£36,000 per annum exclusive.

Rent payable quarterly in advance on the usual quarter days.

VAT

We are advised that the rent will not attract VAT.

RENTAL DEPOSIT

The ingoing Tenant will be required to provide a rental deposit.

BUSINESS RATES

Enquiries of the VOA website indicate that the premises is described as ‘Shop and Premises’ and has a Rateable Value of £26,500. The Standard UBR for 2018 / 2019 is 49.3 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 ingoing Tenant will be required to provide an 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