UNDER OFFER
40 The Pantiles, Tunbridge Wells

40 The Pantiles
Location Tunbridge Wells
Floor Area NIA Approx. 1,216 sq ft [112.9 sq m]
Tenure Leasehold
Description Guide Rent 24,000 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 people.

The property is situated on the Upper Walk of the historic Pantiles. The premises are Listed and situated within a Conservation Area. The Pantiles provides a distinctive pedestrianised shopping / leisure environment.

DESCRIPTION

The premises comprise the ground and lower ground floors of an attractive Grade II Listed building.

ACCOMMODATION

Ground Floor:

Retail Sales   Approx. 637ft2 [59.1m2]

Rear Stores   Approx.   36ft2 [  3.3m2]

Lower Ground Floor:

3 rooms totalling   Approx. 543ft2 [50.4m2]

Total NIA   Approx.1,216ft2 [112.9m²]

LEASE

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.

GUIDE RENT

£24,000 per annum exclusive. Rent payable quarterly in advance on the usual quarter days.

We are advised the rent will not attract VAT.

The Landlord operates an ad-hoc service charge - further information upon request.

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 indicate that the property is described as “Shop and Premises” and has a Rateable Value of £19,250. 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 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