|Floor Area||NIA Approx. 678sq ft [62.9sq m]|
|Description||Guide Rent £14,500 p.a.x.|
LOCATION / SITUATION
Tunbridge Wells is an affluent and historic Spa town located approximately 35 miles south east of central London
The property is located within the St Johns suburb of Tunbridge Wells approximately half a mile north of the town centre.
The unit enjoys a prominent position at the corner of St Johns Road (A26) and John Street, and just a short walk from the John Street car park (charges apply).
The St Johns area is popular with independent and specialist retailers.
End of terrace retail unit with return frontage.
Retail Sales: approx. 526ft2 [48.8m2]
Rear Office: approx. 152ft2 [14.1m2]
WC / Shower
TOTAL NIA approx. 678ft2 [62.9m2]
The premises are available by way of a new effective Full Repairing & 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.
£14,500 per annum exclusive.
Rent payable quarterly in advance on the usual quarter days.
We are advised that the rent will not attract VAT.
The ingoing party will be required to provide a rental deposit to be held throughout the Term.
Enquiries of the Valuation Office Agency website indicate that the premises have a Rateable Value of £12,750. The Small Business Rate multiplier for 2020 / 2021 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 Authority to verify this information.
Each party to be responsible for 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