TO LET
42 High Street (3rd Floor), Tunbridge Wells

42 High Street (3rd Floor)
Location Tunbridge Wells
Floor Area NIA Approx. 458sq ft [42.5sq m]
Tenure Leasehold
Description 6,500 per annum

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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 Central London (journey time approximately 60 minutes).

The property is situated on the western side of the High Street approx. 200 metres from the mainline station.

DESCRIPTION

A former yoga studio (refer Planning Application

15/501816/FULL subject to conditions).  The premises may suit other uses (subject to planning, etc.)

ACCOMMODATION

Shared Ground Floor:

Entrance hall and stairwell leading to

Third Floor:

Studio: NIA   approx. 458ft2 [342.5m2]*

Use of WC’s in the communal area on first floor.

*Including area of approx. 56ft2 [5.2m2] with restricted head height.

LEASE

The premises are available by way of a new Internal Repairing 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.

GUIDE RENT

£6,500 per annum

The rent is inclusive of service charge and buildings insurance but exclusive of business rates, utilities and telecomms.

Rent payable quarterly in advance on the usual quarter days.

We are advised that the rent will not attract VAT.

RENTAL DEPOSIT

The ingoing Tenant will be required to provide a rental deposit to be held throughout the Term.

BUSINESS RATES

Enquiries of the VOA Website indicate that the premises has a Rateable Value of £3,200.

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.

LEGAL COSTS

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.

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For more information on this property, please contact:

Darrell Barber
Bracketts Tunbridge Wells office

Phone (01892) 559507

darrell@bracketts.co.uk