|Floor Area||NIA approx. 906 sq ft [84.1 sq m]|
|Description||Guide Rent £12,500 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 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.
A ground floor shop with ancillary sales / offices / staff / stores on the first & second floors. The upper floors extend over the adjoining hairdressers below.
Retail Sales Approx. 290ft2 [26.9m2]
U/S Store Approx. 10ft2 [0.9m2]
Rear Lobby leading to stairwell and external WC
Office Approx. 316ft2 [29.3m2]
U/S Store Approx. 8ft2 [0.7m2]
Office Approx. 164ft2 [15.2m2]
Kitchen Approx. 76ft2 [7.0m2]
Store Approx. 42ft2 [3.9m2]
Total NIA Approx. 906ft2 [84.1m2]
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.
£12,500 per annum exclusive.
Rent payable quarterly in advance on the usual quarter days. We are advised VAT is not applicable.
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.
Each party to be responsible for their own legal costs.
Bracketts Tunbridge Wells office
Phone (01892) 559507