LET
48C & 48D St John's Road, Tunbridge Wells

48C & 48D St John's Road
Location Tunbridge Wells
Floor Area NIA approx. 906 sq ft [84.1 sq m]
Tenure Leasehold
Description Guide Rent 12,500 per annum exclusive.
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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 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 within the St John’s neighbourhood centre approximately one mile north of the town centre.

DESCRIPTION

A ground floor shop with ancillary sales / offices / staff / stores on the first & second floors.  The upper floors extend over the adjoining hairdressers below. 

ACCOMMODATION

Ground Floor:

Retail Sales Approx. 290ft2 [26.9m2]

U/S Store Approx.   10ft2 [0.9m2]

Rear Lobby leading to stairwell and external WC

First Floor:

Office Approx. 316ft2 [29.3m2]

U/S Store Approx.     8ft2 [0.7m2]

Second Floor:

Office Approx. 164ft2  [15.2m2]

Kitchen      Approx.   76ft2 [7.0m2]

Store Approx.   42ft2 [3.9m2]

WC

Total NIA Approx.  906ft2 [84.1m2]

LEASE

The premises are available by way of a new effective Full Repairing and Insuring lease for a term to be agreed.

The Landlord operates an ad-hoc service charge in respect of common and shared items.

GUIDE RENT

£12,500 per annum exclusive.

Rent payable quarterly in advance on the usual quarter days. We are advised VAT is not applicable.

BUSINESS RATES

Enquiries of the VOA website indicate that the property is described as “Shop and Premises” with a Rateable Value of £8,800. The Standard UBR for 2019 / 2020 is 50.4 pence in the £.

Subject to satisfying certain criteria the ingoing Tenant may qualify for small business rates relief.

Interested parties are strongly advised to make their own enquiries of the local Rating Authority to verify this information.

LEGAL COSTS

Each party to be responsible for their own legal costs.

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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