|Floor Area||NIA Approx. 889sq ft [82.5sq m]|
|Description||Guide Rent £16,000 p.a.x|
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 mainline station situated on Mount Pleasant Road with an average journey time of approximately one hour to the capital.
The property is situated on the eastern side of Camden Road and is close to both the prime retail pitch on Calverley Road and the “Central Market” entrance to Royal Victoria Place Shopping Centre.
Town centre retail premises arranged over ground and lower ground floors. The property may suit various uses within Use Class E – subject to planning if required.
Retail Sales Approx. 361ft² [33.5m²]
Rear Staff Approx. 57ft² [ 5.2m²]
Lower Ground Floor:
Stores Approx. 471ft² [43.7m²]
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 & Tenant Act 1954 are to be excluded from the lease.
£16,000 per annum exclusive.
Rent payable quarterly in advance on the usual quarter days.
The ingoing Tenant will be required to provide a rental deposit to be held throughout the term.
We are advised VAT is applicable.
Enquiries of the VOA website indicate that the property is described as “Shop and Premises” and has a Rateable Value of £14,250.
The Small Business Rate multiplier for 2020/2021 is 49.9 pence in the £.
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 in connection with the lease.
Bracketts Tunbridge Wells office
Phone (01892) 559507