|Floor Area||GF Approx. 536 sq ft [49.7 sq m]|
|Tenure||Leasehold (by Assignment)|
|Description||Guide Rent £12,500 per annum exclusive|
LOCATION / SITUATION
Tunbridge Wells is an affluent and historic spa town situated approximately 35 miles south east of central London with a resident population of around 100,000 people.
The town is situated on the A26 which links via the A21 dual carriageway with Junction 5 of the M25 motorway and has a frequent train service to the capital (approx. 60 minutes min).
The property is situated on the southern side of Monson Road close to the Crescent Road multi-storey car park. Nearby retailers include Lakeland, Cook, ASK, Headmasters, and Ryman.
Refurbished town centre retail premises.
Retail Sales approx. 437ft² [40.5m²]
Kitchen approx. 72ft² [ 6.6m²]
Store approx. 27ft² [ 2.5m²]
Basement (Hatch access)
Storage - not measured
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 1954 are to be excluded from the lease.
£12,500 per annum exclusive.
Rent payable quarterly in advance by direct bank transfer 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 – further information upon request.
Enquiries of the VOA website indicate that the property is described as ‘Shop and Premises’ and has a Rateable Value of £18,750.
The Standard UBR for 2019 / 2020 is 50.4 pence in the £.
Any interested parties are strongly advised to verify this information with the Local Rating Authority.
Each party to be responsible for their own legal costs save that the ingoing Tenant will be required to provide an undertaking for any abortive costs incurred by the Landlord.
Bracketts Tunbridge Wells office
Phone (01892) 559507