|Floor Area||Total Site Area Approx. 0.17 acres|
|Description||Guide Rent £14,000 p.a.x.|
LOCATION / SITUATION
The property is located in the High Brooms area of Tunbridge Wells approximately 35 miles south of London.
The property is accessed off North Farm Road close to the entrance to the Chapman Way Industrial Estate and approximately 200 metres north of High Brooms Station.
Surfaced and fenced yard with valeting bay / workshop and WC situated in a convenient location between Tunbridge Wells town centre and the A21.
We are advised by our client that the property has most recently been used for the storage, repair and valeting of motor vehicles. The property may suit alternative uses (subject to planning, etc.)
The yard benefits from mains water and power.
Yard - Total area - approx. 0.17 acres.*
Workshop GIA approx. 424ft2 [39.3m2]
Covered bay approx. 42’0” x 18’0”
The premises are available by way of a new lease for a term to be agreed.
The provisions of sections 24-28 inclusive of the Landlord & Tenant Act 1954 are to be excluded.
£14,000 per annum exclusive.
Rent payable quarterly in advance on the usual quarter days.
The ingoing party will be required to provide a rental deposit.
Payable if applicable. We understand that our client has not elected for VAT.
Enquiries of the Valuation Office Website would indicate that the property is described as ‘Land used for storage and premises’ and has a Rateable Value of £8,800.
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.
Any interested parties are strongly advised to verify this information with the Local Rating Authority.
Each party to pay their own legal costs incurred in connection with the transaction save that any prospective Tenant will be required to provide an undertaking to pay any abortive costs incurred by the Landlord.
Bracketts Tunbridge Wells office
Phone (01892) 559507