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89 High Street, Tonbridge

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Investment, Residential, Retail / Leisure

property

in Tonbridge
, Kent
4,653 Sq Ft

Description

Full Details

The property comprises a prominent three-storey mixed-use investment in a prime High Street location, featuring an attractive terrace seating area with views over the River Medway and Tonbridge castle.

The ground floor and basement are let to Verdigris, a well-established and popular restaurant, wine and cocktail bar. The tenant occupies under a lease within the Security of Tenure provisions of the Landlord and Tenant Act 1954, producing a current passing rent of £40,000 per annum, with lease expiry in 2033.

The upper floors comprise three 2 beds self-contained residential flats, each accessed independently from ground level.

The accommodation consists of three two-bedroom units, providing a strong and complementary residential income stream in a highly convenient town centre setting.

The property offers an attractive and well-balanced investment opportunity, combining an established commercial tenant with additional residential income, all in a prime and highly visible location.

Location
The property occupies a highly prominent and sought-after position on Tonbridge High Street, at the junction with Medway Wharf Road, overlooking the River Medway and Tonbridge Castle.

This is widely regarded as one of the town’s most visible and desirable trading locations.

The immediate area benefits from a strong mix of national and independent occupiers.

Nearby retailers include Waitrose, Peacocks and WH Smith, whilst the surrounding vicinity offers a variety of established restaurant and leisure operators including PizzaExpress, KFC and Wetherspoons.The property is conveniently situated for access to the town’s amenities.

Tonbridge mainline station is approximately 0.75 miles to the south, providing fast and frequent services to Central London in around 35 minutes.

Road communications are excellent, with easy access to the A21 and Junction 5 of the M25 approximately 8 miles to the north.

Available Area

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Tenurestenure
INVESTMENT FOR SALE 432.44 SQ M (4,653 SQ FT) Commercial GF & BSMT & Residential FF & SF (3 x 2 Bedroom Flats)

AVAILABLE

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Tonbridge
132 High Street, Tonbridge, Kent, TN9 1BB

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Tunbridge Wells

Tonbridge

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