|Floor Area||NIA Approx. 961 sq ft [89.2 sq m]**|
|Description||Guide Rent £12,000 per annum exclusive.|
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.
The main arterial route to the north is via the A26 through Southborough linking with the A21 which serves the M25 at Junction 5. There is a main line station situated on Mount Pleasant Road with an average journey time of approximately one hour to the capital.
The property is situated within the St John’s neighbourhood centre approximately one mile north of the town centre.
The property is situated on the western side of St John’s Road opposite a Sainsbury’s Local Convenience store. The area is favoured by local and independent retailers.
Modern retail unit within a neighbourhood parade.
Retail Sales (incl. tea point) Approx. 961ft²[89.2m2] **
The premises is available by way of a new effective Full Repairing and Insuring Lease for a term to be agreed.
The provisions of Sections 24 - 28 inclusive of the Landlord and Tenant Act 1954 are to be excluded.
£12,000 per annum exclusive.
Rent payable quarterly in advance on the usual quarter days.
Incentives available subject to status.
We are advised that VAT is applicable.
The ingoing Tenant will be required to provide a rental deposit as security.
A service charge will be applicable - further information upon request.
Enquiries of the VOA website indicate that the property is described as “Shop and Premises” with a Rateable Value of £16,000. The Standard UBR for 2019 / 2020 is 50.4 pence in the £.
Interested parties are strongly advised to make their own enquiries of the local Rating Authority to verify this information.
Each party to be responsible for 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 Landlord.
* Subject to Status
** Note: Floor areas relate to existing shop fit. Service charge/insurance proportions based upon original shell GIA of 1,046ft² [97.2m²]
Bracketts Tunbridge Wells office
Phone (01892) 559507