Location | Tunbridge Wells |
Floor Area | Total NIA Approx. 1,174sq ft [109.0sq m] |
Tenure | Freehold |
Description | Guide Price £325,000 |
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 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 northern side of Church Road close to its intersection with London Road (A26).
DESCRIPTION
A Grade II Listed property arranged over raised ground, lower ground and two upper floors. The premises have recently been refurbished and benefit from gas fired central heating.
The property exhibits a plaque detailing how Queen Victoria visited Romary House on 23 December 1876 when it was being used as a biscuit factory.
Enquiries of the TWBC planning website indicate that the property benefits from a Planning consent for Change of Use to D1 clinic — Refer Application 19/02847/FULL.
The property may suit other uses within Use class E (Commercial, Business and Service).
Our client believes the property may have development potential for residential use (subject to securing planning and any other consents that may be required).
Any interested party must rely upon its own enquiries of the local planning authority.
ACCOMMODATION
Lower Ground Floor:
NIA Approx. 323ft2 [30.0m2]
Raised Ground Floor:
NIA Approx. 382ft2 [35.5m2]
First Floor:
NIA Approx. 304ft2 [28.2m2]
WC
Second Floor:
NIA Approx. 165ft2 [15.3m2]
WC with Boiler Room off
TOTAL NIA APPROX 1,174FT2 [109.0M2]
TENURE
Freehold with vacant possession.
GUIDE PRICE
£325,000 [Three Hundred and Twenty Five Thousand Pounds].
Our client is seeking unconditional offers.
VAT
We are advised that VAT is not applicable.
BUSINESS RATES
Enquiries of the VOA website indicate that the property is described as “Office and Premises” and has a Rateable Value of £7,000. The Small Business Rates multiplier for 2020/2021 is 49.9 pence in the £.
Subject to satisfying certain criteria the purchaser 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.
LEGAL COSTS
Each party to be responsible for their own legal costs.