|Floor Area||337 sq ft [31.3 sq m]|
|Description||£6,500 per annum exclusive|
LOCATION / SITUATION
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.
The property is situated on the eastern side of Camden Road close to the Camden Road pay and display car park.
Retail premises arranged over ground floor with car parking to rear.
Main Retail Area approx. 337ft² [31.3m²]
1 car parking space
The premises are available by way of a new Full Repairing (via service charge) 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 from the lease.
£6,500 per annum exclusive.
Rent payable quarterly in advance on the usual quarter days.
We are advised that the rent will attract VAT.
The ingoing Tenant will be required to provide a rental deposit to be held throughout the term.
Enquiries of the VOA website indicate that the premises are described as ’Shop & Premises’ and has a Rateable Value of £6,500.
The Small Business Rates 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 Rating Authority to verify this information.
Each party to pay their own legal costs save that the Prospective Tenant will be required to provide an undertaking to pay any abortive legal fees incurred by the Landlord.
Bracketts Tunbridge Wells office
Phone (01892) 559507