|Floor Area||904 sq ft|
|Description||16,500 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 in a prominent position at the junction of Grosvenor Road and Upper Grosvenor Road and just a few metres from the main entrance to the Meadow Road car park.
A ground floor retail unit within an imposing mixed use building known as Kenwood House. The premises may suit other uses - subject to planning, etc.
Retail Sales Approx. 795ft² [73.8m²]
Kitchen Approx. 58ft² [ 5.3m²]
Cloaks Approx. 21ft² [ 1.9m²]
Store Approx. 30ft² [ 2.7m²]
Total NIA Approx. 904ft² [83.9m²]
The premises are available by way of a new effective Full Repairing and Insuring Lease for a term of five years. The provisions of sections 24-28 inclusive of the Landlord & Tenant Act 1954 are to be excluded from the lease.
£16,500 per annum exclusive.
Rent payable quarterly in advance on the usual quarter days. We are advised VAT is applicable.
The ingoing Tenant will be required to provide a rental deposit.
Enquiries of the VOA website indicate that the property is described as “Shop and Premises” with a Rateable Value of £21,750. 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.
Bracketts Tunbridge Wells office
Phone (01892) 559507