Location | Tunbridge Wells |
Floor Area | GIA Approx. 3,679 sq ft [341 sq m] |
Tenure | Leasehold |
Description | Guide Rent £45,000 pax |
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 on Mount Pleasant Road with an average journey time of approximately one hour to the capital.
The property enjoys a prominent position at the intersection of Goods Station Road, Belgrave Road and Meadow Road. The premises are just a few metres away from the rear entrance to the Royal Victoria Place shopping centre, the Post Office and the Meadow Road multi-storey car park.
DESCRIPTION
Ground floor retail premises within an imposing mixed use building known as the Chartwell. The premises were most recently occupied by Bathstore. The unit benefits from a loading bay on Belgrave Road.
The premises may suit other uses within Use Class E (subject to planning if required).
ACCOMMODATION
Ground Floor:
Retail Sales, Kitchen, WC’s and Loading Bay
GIA Approx. 3,679ft2 [341m2]
LEASE
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 and Tenant Act 1954 are to be excluded from the Lease.
GUIDE RENT
£45,000 per annum exclusive.
Rent payable quarterly in advance on the usual quarter days.
VAT
Payable if applicable.
BUSINESS RATES
Enquiries of the VOA website indicate that the property is described as “Shop and Premises” with a Rateable Value of £52,000.
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.
LEGAL COSTS
Both parties to be responsible for their own legal costs.