UNDER OFFER
43 Mount Ephraim, Tunbridge Wells

43 Mount Ephraim
Location Tunbridge Wells
Floor Area NIA Approx. 662sq ft [61.5sq m]
Tenure Leasehold
Description Guide Rent 9,960 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 favoured by independent and specialist retailers.

DESCRIPTION

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

Our client believes that the premises may be suitable for shop or office use subject to securing all necessary statutory consents.

ACCOMMODATION

Ground Floor:

Retail Sales approx. 245ft2 [22.7m2]

Rear Office approx. 154ft2 [14.3m2]

Lower Ground Floor:

Staff / Teapoint / Stores approx. 263ft2 [24.4m2]

WC

LEASE

The premises are available by way of a new Internal 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 from the lease.

GUIDE RENT

£9,960 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.

BUSINESS RATES

Enquiries of the VOA website indicate that the property is described as “Shop and Premises” and has a Rateable Value of £6,000.

The Standard UBR for 2019 / 2020 is 50.4 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 and rates payable.

LEGAL COSTS

Each party to pay their own legal costs.

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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