TO LET
Unit 4, Knowle Farm Business Centre, Wadhurst Road, Frant

Unit 4, Knowle Farm Business Centre, Wadhurst Road
Location Frant
Floor Area Total GIA Approx. 1,771sq ft [164.5sq m]
Tenure Leasehold (by Assignment)
Description 13,250 p.a.x.
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LOCATION / SITUATION

Knowle Farm Business Centre is situated on the southern side of the B2099 Wadhurst Road, just to the south of Frant Village and approximately 4 miles south of Tunbridge Wells town centre. 

DESCRIPTION

A mid terrace single storey B1 unit of concrete portal frame construction with blockwork walls under a pitched corrugated asbestos roof incorporating translucent lights.

ACCOMMODATION

Main Workshop Approx. 1392ft2 [129.3m2]

Office/Kitchenette/WC  Approx. 379ft2 [ 35.2m2]

Total GIA  Approx. 1771ft² [164.5m²]

The Tenant has a right to use three car parking spaces.

AMENITIES

TRANSACTION

The premises are available by way of an assignment of the existing lease or by way of a new lease subject to terms being agreed with the Landlord.

LEASE

The premises are held for a term of six years with three yearly rent reviews from 1st September 2017 and incorporates a mutual break option exercisable on the third anniversary of the lease (subject to conditions).

The Provisions of Sections 24 - 28 inclusive of the Landlord & Tenant Act 1954 are excluded from the Lease.

The passing rent is £13,250 per annum exclusive.

Business Hours:

07.00 - 18.30 Weekdays

07.00 - 13.00 Saturdays

No Sunday or Bank Holiday working.

A copy of the lease is available upon request.

RENTAL DEPOSIT

The ingoing Tenant will be required to provide a Rental Deposit to be kept throughout the term.

BUSINESS RATES

Enquiries of the VOA website indicate that the property is described as “Workshop and Premises” with a Rateable Value of £11,250. 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 costs incurred by the existing Tenant and 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