TO LET
The Chitters, The Old Brewery, Bakers Cross, Cranbrook

The Chitters, The Old Brewery, Bakers Cross
Location Cranbrook
Floor Area GIA Approx. 1,291FT[119.9M]
Tenure Leasehold
Description Guide Rent 850 p.c.m. exclusive
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LOCATION / SITUATION

The Old Brewery is located on the edge of the historic Wealden market town of Cranbrook, approximately 15 miles east of Tunbridge Wells and 15 miles south of Maidstone.

The property is situated at the junction of Bakers Cross and Dorothy Avenue approximately 400 metres south east of the town centre.

DESCRIPTION

Ground floor business unit within a former brewery complex.

ACCOMMODATION

Ground Floor:

Open plan room   GIA approx. 1,291ft2 [119.9m2]

WC

Tea point

TERMS

The premises are available by way of a new effective 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

£850 per calendar month exclusive.

Rent payable monthly in advance.

The Landlord operates a service charge for all common and shared costs and will invoice the Tenant quarterly for 18.8% of the building maintenance costs (capped at £1,184.00 per annum), water (supply and waste), gas (by sub-meter) and site maintenance. Electricity is supplied and billed directly by the supplier.  The Tenant to pay business rates and reimburse the Landlord for the annual buildings insurance premium applicable to the unit.

RENTAL DEPOSIT

The ingoing Tenant to provide the Landlord with a rental deposit to be held throughout the Term.

VAT

We are advised that the rent will not attract VAT.

BUSINESS RATES

Enquiries of the VOA website indicate that the property is described as ‘Workshop and Premises’ and has a Rateable Value of  £6,400.

The standard UBR for 2018 / 2019: 49.3 pence in the £.

Subject to satisfying certain criteria the ingoing Tenant may qualify for small Business Rates Relief.

Any interested parties must rely upon their own enquiries of the Local Rating Authority.

LEGAL COSTS

Each party to pay their own legal costs incurred in connection with the transaction.

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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