|Floor Area||GF NIA Approx. 1,103sq ft [102.4sq m]|
|Description||Guide Rent £30,000 p.a.x|
LOCATION / SITUATION
Royal Tunbridge Wells is an affluent and historic Spa town located 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. There is a main line station situated on Mount Pleasant Road with an average journey time of approximately one hour to the capital.
The property is situated on the pedestrianised section of Calverley Road, the main shopping area for the town which is anchored by the Royal Victoria Shopping Centre. Nearby occupiers include M&S, Waterstones, Grape Tree, Betfred, The Works and Halifax.
Prime retail unit.
Retail Sales Approx. 1,012ft2 [94.0m2]
Kitchen/Staff Approx. 91ft2 [ 8.4m2]
Basement (accessed via trapdoor and ladder):
Stores Approx. 555ft2 [51.5m2]
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 from the lease.
£30,000 per annum exclusive.
Rent payable quarterly in advance on the usual quarter days. We are advised that VAT is applicable.
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 property is described as “Shop and Premises” with a Rateable Value of £67,000. The Standard UBR for 2020 / 2021 is 51.2 pence in the £.
Interested parties are strongly advised to make their own enquiries of the local Rating Authority to verify this information.
Both parties to be responsible for their own legal costs.
Bracketts Tunbridge Wells office
Phone (01892) 559507