Location | Tunbridge Wells |
Floor Area | NIA624 sq ft [57.9 sq m] |
Tenure | Leasehold |
Description | 23,000 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 property is situated on the western side of Mount Pleasant Road approximately 50 metres north of the intersection with Church Road and directly opposite the Town Hall. Nearby occupiers include Starbucks, Cote Brasserie, NatWest Bank, Hospice in the Weald and Barnardos.
DESCRIPTION
Refurbished town centre A2 [Financial & Professional] premises - may suit other uses subject to planning, etc.
The property is attached to a Grade II Listed archway leading to nos. 2 and 3 The Priory.
ACCOMMODATION
External:
Paved forecourt area leading to:
Ground Floor:
Retail Sales Approx. 493ft2 [45.7m2]
Rear Staff / kitchen Approx. 108ft2 [10.0m2]
Store Approx. 23ft2 [ 2.1m2]
WC
Total NIA Approx. 624ft² [57.9m²]
Lower Ground Floor:
Area with restricted head height incorporating locked safe - not measured
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 1954 are to be excluded from the lease.
GUIDE RENT
£23,000 per annum exclusive.
Rent payable quarterly in advance on the usual quarter days. We are advised that our client has not waived exemption from VAT - as such VAT will not be applicable.
RENTAL DEPOSIT
The ingoing Tenant will be required to provide a rental deposit to be held throughout the Term.
BUSINESS RATES
Enquiries of the VOA website indicate that the premises has a Rateable Value of £29,750
The small business rates multiplier for 2020 / 2021 is 49.9 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 be pay their own legal costs save that the Proposed Tenant will be required to provide an undertaking to pay any abortive legal costs incurred by the Landlord