UNDER OFFER
191 VALE ROAD, TONBRIDGE KENT, TN9 1ST, Tonbridge

191 VALE ROAD, TONBRIDGE KENT, TN9 1ST
Location Tonbridge
Floor Area 8,843 sq. ft. / 821.5 sq. m.
Tenure Freehold
Description Offers are invited in excess of 700,000 and the property will be sold subject to the tenancies. Vat not applicable.
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LOCATION

The property is situated on the corner of Vale Road and Morley Road occupying a prominent site having a frontage to Vale Road of approximately 135m.

The premises are on the town’s industrial estates approximately 0.5m east of the town centre and north of Woodgate Way providing a direct link to the A21 dual carriageway serving Junction 5 M25 around 8 miles to the north.

Nearby occupiers include Mercedes Benz, Screwfix and Lok’n' Store together with other trade counter operators along Vale Road.

The town enjoys excellent road and rail communications. Tonbridge mainline station is around 0.5m providing a fast and frequent train service to central London stations, London Bridge, Cannon Street, Waterloo East and Charing Cross with a minimum journey time of around 35 minutes.

DESCRIPTION

Comprises a 1950’s/1960’s detached concrete portal framed unit at the eastern end of the site over ground and first floors. This building is divided to form a number of workshop, storage and office suites and is let to four separate tenants.

There is a further detached garage building at the western end of the site used for car wash and valeting. There are three vehicular accesses to the site and car parking is to rear and side.

SITE AREA

The site area is approx. area of 0.5 acres (0.2 hectares).

TENANCIES

The property is occupied by five tenants and details are shown on the Tenancy Schedule incorporated within this brochure.

OPPORTUNITY

Most of the leases expire during the course of 2019 with the lease in respect of the garage premises incorporating a mutual landlord and tenant break clause effective from March 2020. The property is considered suitable for onward investment or redevelopment for other commercial uses.

FOR SALE

The freehold is to be sold subject to the existing tenancies generating £53,950 per annum. Offers are invited in excess of £700,000 and the property will be sold subject to the tenancies. Vat not applicable.

PLANNING

The property falls within the Tonbridge & Malling Borough Council area and prospective purchasers are invited to make their own enquiries of the Council on 01732 844522.

FREEHOLD TITLE

The property is held by way of two separate titles Nos K534897 and K181561.

VIEWING

Strictly by appointment through Bracketts –

01732 350503.

Contact: Jeffrey Moys

jeff@bracketts.co.uk

John Giblin

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