UNDER OFFER
4B London Road, Tunbridge Wells

4B London Road
Location Tunbridge Wells
Floor Area NIA 681 sq ft [63.2 sq m]
Tenure Leasehold
Description 16,000 per annum exclusive
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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 the capital (min journey time of approximately 60 minutes).

The property fronts on to the busy A26 London Road and is approximately 50 metres north of the historic Pantiles.

DESCRIPTION

Town centre retail premises arranged over ground and lower ground floors. The premises benefit from an attractive glazed frontage.

ACCOMMODATION

Ground Floor

Retail Sales: Approx. 537ft² [49.9m²]

Rear Office / Staff Approx. 144ft² [13.7m²]

WC

Lower Ground Floor  

Sales / Stores Approx. 547ft² [50.8m²]

LEASE

The premises are available by way of a new effective Full Repairing & Insuring Lease (via Service Charge) 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

£16,000 per annum exclusive – Rent payable quarterly in advance on the usual quarter days.

We are advised that the rent will not attract VAT.

RENTAL DEPOSIT

The ingoing Tenant will be required to provide a rental deposit to be held throughout the term.

BUSINESS RATES

Enquiries of the VOA Website would indicate that the premises have a Rateable Value of £15,500.  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.

LEGAL COSTS

Each party to pay 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