UNDER OFFER
16 Monson Road, Tunbridge Wells
| Location | Tunbridge Wells |
| Floor Area | GF Approx. 477sq ft[44.3sq m] LGF Approx. 284sq ft[26.3sq m] |
| Tenure | Leasehold |
| Description | Guide Rent £15,500 p.a.x. |
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LOCATION / SITUATION
The property is located in Royal Tunbridge Wells approximately 35 miles south of central London.
The town is situated on the A26, which links via the A21 dual carriageway to Junction 5 of the M25 motorway. There is a frequent train service to the capital (min journey time of approximately 60 mins).
The property is situated on the northern side of Monson Road and forms part of the historic colonnade.
DESCRIPTION
Grade II listed town centre unit arranged over ground and lower ground floors.
The property benefits from planning consent for use as a Class D1 (Business) (Flotation Spa) - refer Planning App 17/02394/FULL.
Our client believes the premises may suit various uses within Use Class E (Commercial, Business & Service) - subject to planning (if required).
ACCOMMODATION
Ground Floor:
Retail Sales Approx. 385ft2 [35.7m2]
Rear Office / Store Approx. 85ft2 [7.9m2]
Cupboard / Store Approx. 7ft2 [0.6m2]
WC
Lower Ground Floor:
Corridor Approx. 43ft2 [3.9m2]
Room 1 Approx. 117ft2 [10.8m2]
Room 2 Approx. 124ft2 [11.5m2]
Note: the floatation tanks and any freestanding furniture/equipment will be removed prior to completion.
LEASE
The premises are available by way of a new effective Full Repairing and Insuring Lease for a term to be agreed. A short term lease may be available by negotiation.
The provisions of Sections 24 - 28 inclusive of the Landlord & Tenant Act 1954 are to be excluded.
GUIDE RENT
£15,500 per annum exclusive.
Rent payable quarterly in advance on the usual quarter days.
VAT
Payable if applicable - we are advised that our client has not waived exemption.
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 £19,750.
The Small Business Rate multiplier for 2020 / 2021 is 49.4 pence in the £.
Any interested parties are strongly advised to make their own enquiries of the local Rating Authority to verify this information.
LEGAL COSTS
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.