|Floor Area||GF approx. 434 sq ft [40.3 sq m]
Attic approx. 177 sq ft [16.4 sq m]
|Description||Guide Rent £20,000 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 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 on the western side of Mount Pleasant Road just a few metres from the entrance to the railway station.
Town centre retail premises.
Retail Sales NIA Approx. 400ft2 [37.1m2]
Kitchen NIA Approx. 34ft2 [ 3.1m2]
Store NIA Approx. 177ft2 [16.4m2]
TOTAL NIA Approx. 611ft2 [56.7m2]
The premises are available by way of a new full repairing and insuring lease adopting our clients standard legal documentation- a copy of the Tenancy Agreement is available upon request (no amendments will be permitted).
The provisions of sections 24 - 28 inclusive of the Landlord & Tenant Act 1954 are to be excluded from the lease.
£20,000 per annum exclusive.
Rent payable quarterly in advance on the usual quarter days. The ingoing Tenant will be required to provide a rental deposit to be held throughout the Term.
We are advised that the rent will attract VAT.
Enquiries of the VOA website indicate that the property is described as “Shop and Premises” and has a Rateable Value of £19,250. 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.
The ingoing Tenant to pay both parties legal costs incurred in connection with the transaction. Undertakings will be required for the Landlords legal costs.
Bracketts Tunbridge Wells office
Phone (01892) 559507