UNDER OFFER
119 Camden Road, Tunbridge Wells

119 Camden Road
Location Tunbridge Wells
Floor Area NIA Approx. 326sq ft [30.2sq m]
Tenure Leasehold
Description Guide Rent 6,000 p.a.x.
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LOCATION / SITUATION

Tunbridge Wells is an affluent and historic Spa town situated approximately 35 miles south east of Central London with a resident population of around 100,000 people.

The main arterial route to the north is via the A26 through Southborough linking with the A21 which serves the M25 at Junction 5.

The property is situated on the western side of Camden Road close to the entrance to the pay and display car park.  Camden Road provides a unique shopping environment favoured by specialist and independent retailers.

DESCRIPTION

Ground floor lock up shop within a larger mixed use building.

ACCOMMODATION

Ground Floor:

Retail Area Approx. 310ft2 [28.8m2]

Teapoint Approx.  16ft²  [ 1.4m²]

WC

Total NIA Approx. 326ft² [30.2m²]

LEASE

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

The provision of Sections 24 - 28 inclusive of the Landlord & Tenant Act 1954 are to be excluded.

GUIDE RENT

£6,000 per annum exclusive.

Rent payable quarterly in advance on the usual quarter days.

VAT

We are advised that the rent will not attract VAT.

RENTAL DEPOSIT

The ingoing party will be required to provide a rental deposit.

BUSINESS RATES

Enquiries of the Valuation Office Agency website indicate that the property is described as ‘Shop and Premises’ and has a Rateable Value of £5,100.

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

Subject to satisfying certain criteria the ingoing Tenant may qualify for small business rates relief.

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 fees 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