|Floor Area||GIA approx. 500 sq ft [46.4 sq m]|
|Description||Guide Rent £8,000 per annum exclusive|
LOCATION / SITUATION
Royal Tunbridge Wells is an affluent and historic spa town situated approximately 35 miles south east of central London with a resident population of around 100,000. The town is situated n the A26 which links via the A21 dual carriageway with Junction 5 of the M25 Motorway.
The Unit forms part of the Colebrook Industrial Estate which is situated less than one mile from the A21 Pembury by-pass via Longfield Road, and a little over two miles north-east of Tunbridge Wells town centre.
A mid terrace starter unit with WC and up and over shutter.
The property comprises the following:
GIA approx. 500ft² [46.4m²]
The premises will be made 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 and Tenant Act 1954 are to be excluded from the lease.
£8,000 per annum exclusive.
Rent payable quarterly in advance on the usual quarter days.
We are advised that VAT is not applicable to the Rent.
The ingoing Tenant will be required to provide a rental deposit to be held throughout the Term.
The Tenant to pay fair and due proportion of any applicable service or estate charges.
Enquiries of the VOA website indicate that the property is assessed for business rates as follows:
Description: Workshop and Premises
Rateable Value £5,400
The Small Business Rates multiplier for 2020 / 2012 is 49.9 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 save that the prospective Tenant will be required provide an undertaking to pay any abortive legal costs incurred by the Landlord.
Bracketts Tunbridge Wells office
Phone (01892) 559507