Calverley House -53-55 Calverley Road & 2-6 Camden Road, Tunbridge Wells, Kent TN1 2TU

Location

Tunbridge Wells is an affluent and historic spa town located approximately 35 miles south east of central London with a primary catchment of a little over 300,000 people.

The town is situated on the A26 which links via the A21 dual carriageway with junction 5 of the M25 motorway and has a frequent main line train service to London (average journey time approx. 50 minutes).

Situation

Calverley House is in the heart of the town`s principal retail area, opposite the pedestrianised section of Calverley Road. Tunbridge Wells’ retail offer within the town extends over an extensive pitch from this property and the Royal Victoria Place Shopping Mall, opposite, and down to The Pantiles at the southern end of town, taking in Mount Pleasant road and the High Street. The train station I around 600 metres to the south at the bottom of Mount Pleasant Road.

Royal Victoria Place is anchored by Marks & Spencer and Fenwicks. Occupiers opposite the Camden Road elevation include White Stuff and Millets, and those opposite the Calverley Road elevation include, Edinburgh Wool co., Sharps and Fired Earth.

The closet car park is the Crescent Road multistory leading onto Monson Road, as well as Royal Victoria Place.

Description

These retail units form the majority of the ground floor and lower ground floor levels of a purpose built 1960`s building, currently comprises four upper floors of offices.

These upper floors have recently received approval for 112 apartments.

There are 7 no. smaller units on Camden Road, and 3 larger stores facing Calverley Road.

Tenancy Schedule

See pdf details.

Tenure Each property is available by way of a new 999 year lease, subject to a peppercorn ground rent.

Proposal – Our client will consider sales of the units individually, in multiples, or as a whole. Subject to contract, availability & proof of funding

Leases- Further information is available via the property`s website – www.calverleyhousetunbridge.co.uk

Viewings – Strictly by appointment through the joint-sole agents – Durlings –Rupert Farrant – 01892 552500 – rupert@durlings.co.uk  www.durlings.co.uk or Cedar Dean – Jason Ben-Zion – 0207 1005520 – jason@cedardean.com  www.cedardeangroup.com


 


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Property Status

FOR SALE

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Property Details

Location: Tunbridge Wells
Description: Ten retail investments offered for sale, each on a long leasehold basis - 999 years - individually, in multiples, or as a whole.
Tenure: Long Leasehold - 999 years - peppercorn rent
Price: Guide Prices from £350,000 to £6,200,000

Professional Services

Durlings have the expertise and local knowledge to carry out commercial valuations. Durlings are also able to offer both landlords and tenants representation in rent review or lease renewal negotiations. Find out more

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Contact us

22 Mount Ephraim Road,
Tunbridge Wells,
Kent. TN1 1ED

t: 01892 552 500 | f: 01892 535 526
e: office@durlings.co.uk

01892 552 500