154 London Road, Southborough, Tunbridge Wells, Kent TN4 0PJ

Location

Tunbridge Wells is located approximately 40 miles to the southeast of central London and approximately 16 miles to the south of the M25 (junction 5). Neighbouring towns include Tonbridge – 5 miles to the north and Sevenoaks – approximately 12 miles to the north.

Main line rail services are provided from Tunbridge Wells and High Brooms to London’s Charing Cross in approximately 50 minutes.

Tunbridge Wells has a population of approximately 56000. The Tunbridge Wells Borough Council district has a population of approximately 110,000

Southborough is a suburb extending to the north of the town centre. This property is situated close to the junction with Yew Tree Road and on the

western side of the (A26) London Road approximately 2.1 miles north of the centre of Tunbridge Wells town centre. London Road comprises an important, busy arterial route to the town centre with access to the dual carriageway A21 approximately 1.5 miles north, with junction 5 of the M25 being a further 12 miles to the north

Southborough is a predominately residential area of Tunbridge Wells but also benefits from extensive roadside retail development arranged on a lineal basis directly along the A26 London Road, with notable breaks comprising residential, public leisure and school campus developments..

Occupiers on the (A26) London Road consist of a variety of largely independent retailers, arranged in a series of ‘neighbourhood parade’ configurations and there are also major roadside operators including Tesco Express, Majestic Wines and Marks & Spencer / BP Connect. The immediate area in which the subject property is located is considered a tertiary ‘neighbourhood parade’ retailing pitch and surrounded by high density Victorian terraced housing.

Description

A lock up shop premises with basement offered with vacant possession.

Floor Areas

Ground – Shop area –          16.1 sq m / 173 sq ft

Basement –                           15.0 sq m / 161 sq ft

External store –                     10.7 sq m / 115 sq ft

Tenure

Long leasehold – 999 years form 1st January 2018 with a peppercorn ground rent.

Guide Price

£75,000.

Business Rates

The rateable value is £4850. Small Business Rates relief will apply.

Viewing Arrangements

Strictly by appointment through the sole agent`s offices – Durlings – 01892 552500



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Property Status

FOR SALE

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Property Details

Location: Southborough (Tunbridge Wells)
Description: A lock up shop with basement held on a long leasehold basis (virtual freehold) - For Sale.
Size: 334 sq ft
Tenure: 999 years from 1st January 2018
Price: Guide Price - £75,000
Rates: Rateable Value - £4850 - Small Business Rates Relief will apply.
Service Charge: On application
Terms: For sale - with vacant possession.

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