TO LET
86-88 London Road, Southborough

86-88 London Road
Location Southborough
Floor Area NIA Approx. 1,793ft2 [166.5m2]
May sub-divide
Tenure Leasehold
Description Guide Rent:

86/88 Combined 25,000 p.a.x.
86 - 13,500 p.a.x.
88 - 13,500 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.

The property is located in Southborough approximately 3 miles north of Tunbridge Wells and 3 miles south of Tonbridge.

The property is situated in a prominent position fronting the main A26 London Road almost opposite The Southborough Hub mixed use development. The rear car park is accessed via Bedford Road.

DESCRIPTION

Double fronted, air conditioned, ground floor premises currently operating as a Tuition Centre (Ref Planning App: 11/03728/FUL/NR. Our client believes that the premises may suit other uses (subject to planning). Our client has indicated that it may consider sub-division to create two independent units.

ACCOMMODATION

No.86

Retail Area approx. 859ft2 [79.8m2]

Kitchen approx.   33ft2 [3.0m2]

Rear entrance hall approx.   25ft2 [2.3m2]

Store approx.   11ft2 [1.0m2]

WC

No.88

Retail Area approx. 835ft2 [77.5m2]

Kitchen approx.   30ft2 [2.7.m2]

WC

COMBINED NIA APPROX. 1,793FT2 [166.6M2]

2 Car Parking Spaces

LEASE

The premises are 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 & Tenant Act to be excluded.

GUIDE RENT

86/88 Combined - £25,000 per annum exclusive.

86 - £13,500 per annum exclusive

88 - £13,500 per annum exclusive

Rent payable quarterly in advance on the usual quarter days. We are advised that the rent will not attract VAT.

The ingoing Tenant will be required to provide a rental deposit. The Landlord operates a service charge for common and shared items.

BUSINESS RATES

Enquiries of the VOA website indicate that the property is described as “Tuition Centre and Premises” and has a Rateable Value of £24,250. 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 Rating Authority to verify this information.

LEGAL COSTS

Each party to pay own legal costs save that the ingoing Tenant(s) will be required to provide a legal undertaking to pay any abortive legal costs incurred by the Landlord.

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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