|Floor Area||GIA Approx. 3,450sq ft [320.4sq m]|
|Description||Guide Rent £50,000 p.a.x|
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 southern side of Monson Road opposite the historic colonnade.
A purpose built restaurant arranged over ground and lower ground floors.
The ground floor comprises restaurant accommodation with kitchen and preparation area to the rear. The lower ground floor provides customer WC’s, staff facilities and storage. In addition there is a small courtyard to the side of the property.
Our client believes the premises may suit various uses within Use Class E (Commercial, Business & Service) - subject to planning (if required).
Restaurant / Kitchen / WC
GIA Approx. 2,274ft2 [211.2m2]
External - small Courtyard
Lower Ground Floor:
Staff / Office / Stores / Customer WC’s
GIA Approx. 1,176ft2 [109.2m2]
The premises are available by way of a new Full Repairing and Insuring Lease for a term to be agreed.
£50,000 per annum exclusive.
Rent payable quarterly in advance on the usual quarter days.
We are advised that the rent will attract VAT.
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 ’Restaurant & premises’ and has a Rateable Value of £85,500.
The Standard multiplier for 2020 / 2021 is 51.2 pence in the £.
Any interested parties are strongly advised to make their own enquiries of the local Rating Authority to verify this information.
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.
Bracketts Tunbridge Wells office
Phone (01892) 559507