|Floor Area||NIA Approx. 2,594FT² [240.9M²]
|Description||Guide Rent £32,500 p.a.x.|
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.
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).
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
Stores Approx. 178ft2 [6.5 m2]
The premises are available by way of a new effective Full Repairing and Insuring Lease for a term to be agreed.
£32,500 per annum exclusive.
Rent payable quarterly in advance on the usual quarter days.
Subject to VAT if applicable.
The ingoing Tenant will be required to provide a rental deposit to be held throughout the term.
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.
The ingoing Tenant to pay both parties legal costs - an undertaking will be required.
Bracketts Tunbridge Wells office
Phone (01892) 559507