|Floor Area||NIA Approx. 744 sq ft [69.1 sq m]|
|Description||Guide Rent £9,500 per annum exclusive|
LOCATION / SITUATION
The property is located in the village of Pembury approximately three miles east of Royal Tunbridge Wells town centre and approximately one mile from the A21.
The property is situated approximately 300 metres east of the village centre and enjoys a prominent corner position at the junction of Hastings Road and Belfield Road.
Ground floor retail premises formerly trading as a Post Office.
Retail Sales Approx. 674ft2 [62.6m2]
Store Approx. 70ft2 [ 6.5m2]
The premises are available by way of a new effective Full Repairing & Insuring Lease for a term to be agreed.
The provisions of Sections 24 – 28 inclusive of the Landlord and Tenant Act 1954 are to be excluded from the lease.
£9,500 per annum exclusive.
Rent payable quarterly in advance on the usual quarter days.
We are advised that VAT is not applicable.
The ingoing Tenant will be required to provide a rental deposit to be held throughout the Term.
Enquiries of the VOA website indicate that the property is described as “Shop and Premises” and has a Rateable Value of £8,200.
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.
Interested parties are strongly advised to make their own enquiries of the local Rating Authority to verify this information.
Each party to pay their own legal costs incurred in connection with the transaction save that the ingoing Tenant will provide an undertaking to pay any abortive legal costs incurred by the Landlord.
Bracketts Tunbridge Wells office
Phone (01892) 559507