|Floor Area||781 sq ft [72.5 sq m]|
|Description||£21,000 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.
The town is situated on the A26 which links via the A21 dual carriageway with Junction 5 of the M25 Motorway and has a frequent train service to Charing Cross and Cannon Street (min journey time of approximately 60 minutes).
The property is situated at the southern end of the High Street approximately 400 metres from Tunbridge Wells mainline station. Nearby occupiers include Pizza Express, Sahara, Zizzi, NFU, Savills, Knight Frank and Mint Velvet together with a mix of local and independent retailers.
Prominent town centre retail unit with first floor and basement. We understand that the property is Grade II Listed and situated within the Conservation Area.
Retail Area approx. 291ft2[27.0m2]
Open plan room approx. 244ft2 [22.6m2]
Storage/tea point approx. 192ft2 [17.8m2]
2No. Stores approx. 54ft² [ 5.0m²]
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.
£21,000 per annum exclusive - payable quarterly in advance on the usual quarter days. VAT is not applicable.
The ingoing Tenant will be required to provide a rental deposit.
The Landlord operates a service charge - further information upon request.
Enquiries of the VOA website indicate that the property is described as “Shop and Premises” and has a Rateable Value of £18,250. 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.
Each party to pay their own legal costs save that the ingoing Tenant will be required to provide an undertaking to pay any abortive legal costs incurred by the Landlord.
Bracketts Tunbridge Wells office
Phone (01892) 559507