UNDER OFFER
142 London Road, Southborough, Tunbridge Wells
| Location | Tunbridge Wells |
| Floor Area | NIA Approx. 1,392sq ft [129,2sq m] |
| Tenure | Leasehold |
| Description | Guide Rent £13,000 p.a.x |
)
)
)
)
)
)
)
)
LOCATION / SITUATION
Southborough is an outlying district of Royal Tunbridge Wells, approximately 3 miles north of the town centre and close to the junction of the A26 and the A21 (T).
The property enjoys a prominent position within an established retail parade with frontage to the main A26 London Road close to its junction with Yew Tree Road.
DESCRIPTION
Former retail premises most recently used as a play café. Our client believes the property may suit other uses subject to securing any planning or other statutory consents that may be required. Any interested parties must rely upon their own enquiries of the Local Planning Authority.
ACCOMMODATION
Ground Floor:
Sales / Kitchen / Disabled WC
Approx. 1,158ft² [107.5m²]
First Floor:
Office Approx. 218ft² [20.2m²]
Shower Approx. 16ft² [1.4m²]
WC
LEASE
The premises are available by way of a new 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.
GUIDE RENT
£13,000 per annum exclusive.
Rent payable monthly in advance.
We are advised that VAT is not applicable.
DEPOSIT
The ingoing Tenant will be required to provide a rental deposit to be held throughout the term
BUSINESS RATES
Enquiries of the Valuation Office Agency website indicate that the property is described as “Shop and Premises” and has a Rateable Value of £12,500.
The small business rates 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.
LEGAL COSTS
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.