TO LET
37 Mount Ephraim, Tunbridge Wells

37 Mount Ephraim
Location Tunbridge Wells
Floor Area NIA Approx. 2,594FT [240.9M]
Tenure Leasehold
Description Guide Rent 32,500 p.a.x.
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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.

There is a main line station on Mount Pleasant Road with an average journey time of approximately one hour to the capital.

The property is situated on the eastern side of Mount Ephraim, forming part of the A26 (London Road).

Mount Ephraim is a recognised and established eating and drinking location, with Sankey’s Seafood Brasserie next door, along with Thackeray’s, Firezza Pizza Restaurant and Water Margin, all nearby.

DESCRIPTION

Grade II Listed restaurant arranged over ground and lower ground floors with additional sub-basement stores.

Our client was advised by the previous occupier that the ground floor restaurant accommodated circa 78 covers  together with a serving area, bar and disabled WC.

The lower ground floor comprises fitted kitchen, restaurant / bar (circa 30 covers - per previous occupier), office, storage and male and female WCs. There is a further sub-basement providing additional storage.

The property includes two dumb waiters (not tested).

ACCOMMODATION

Ground Floor:

Restaurant / Sales Approx. 1431ft2 [132.9m2]

Disabled WC Approx. 31ft2  [2.9m2]

Lower Ground Floor: 

Kitchen / Prep / Restaurant / Bar / Cloaks Approx.  953ft2  [88.5m2]

Ladies & Gents WC Not measured

Lower Vaults / Stores Not measured

Sub-Basement:

Stores Approx. 178ft2  [6.5 m2]

LEASE

The premises are available by way of a new effective Full Repairing and Insuring Lease for a term to be agreed.

GUIDE RENT

£32,500 per annum exclusive.

Rent payable quarterly in advance on the usual quarter days.

Subject to VAT if applicable.

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 indicate that the property is described as “Restaurant and Premises” and has a Rateable Value of £24,750.

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 and rates payable.

LEGAL COSTS

The ingoing Tenant to pay both parties legal costs - an undertaking will be required.

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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