|Floor Area||3,808 sq ft [353.7 sq m]|
|Tenure||Freehold or Leasehold|
|Description||Rental - £60,000 per annum exclusive
Sale - unconditional offers invited for freehold with vacant possession
LOCATION / SITUATION
Tunbridge Wells is an affluent and historic Spa town located approximately 35 miles south east of central London. The Borough has a resident population of approximately 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 mainline station situated 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 St Johns Road (A26) approximately 0.5 miles north of the town centre.
An imposing Grade II Listed four storey office building with 6 car parking spaces to the front and garden / yard to the rear. The property benefits from gas fired central heating.
Reception, 5 Offices / Rooms, Kitchen & 2 WCs
Rear Conservatory - not measured
NIA approx. 1,023ft² [95.0m²]
6 Car Parking Spaces
Garden / Yard to Rear
7 Offices / Rooms
NIA approx. 1,118ft² [103.8m²]
3 Offices / Rooms
NIA approx. 537ft² [ 49.8m²]*
* including any areas with hh <1.5m
Lower Ground Floor:
5 Offices / Rooms, Boiler Room & WC
NIA approx. 1,130ft2 [104.9m2]
TOTAL NIA approx. 3,808ft² [353.7m²]
OPTION 1 - LEASE
The premises are available by way of a new Full Repairing and Insuring lease for a Term to be agreed at a guide rent of £60,000 per annum exclusive (payable quarterly in advance on the usual quarter days). The ingoing Tenant will be required to provide a rental deposit to be held throughout the Term.
The provisions of Sections 24 – 28 inclusive of the Landlord and Tenant Act 1954 are to be excluded from the lease.
OPTION 2 - FREEHOLD
Freehold with vacant possession - unconditional offers invited.
We are advised that the rent / sale price will not attract VAT.
Enquiries of the Valuation Office Agency website indicate that the property has a Rateable Value of £35,250. 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 Authority to verify this information.
Each party to be responsible for their own legal costs save that the ingoing Tenant / Proposed Purchaser will be required to provide an undertaking to pay any abortive legal costs incurred by the Landlord / Vendor.
Bracketts Tunbridge Wells office
Phone (01892) 559507