01892 552 500 01892 552 500Location
Retail premises in a Grade II listed parade in the heart of The Pantiles. This property is close to the entrance to The Corn Exchange and Sankey’s Seafood Bar/ Restaurant, along with a wide range of independent traders.
Description
The ground floor comprises an open sales area. To the rear of the ground is an integral staircase leading to a large basement area with a WC. There is rear access from the basement for loading.
Floor Areas
sq ft (sq m)
Ground – 395 (36.7)
Basement – 352 (32.7)
Tenure
Leasehold
Rent
£12,000 per annum exclusive of all other outgoings
Terms
Assignment of the existing lease which expires on 25th April 2021.
There is a rent review due 25th April 2019, to an open market level, or in line with RPI, whichever is the greater amount.
A rent deposit equivalent to 6 months` shall be required.
Business Rates
The Rateable Value is £9300. Subject to certain qualifying factors Small Business Rates Relief may apply, and particular instances a nil liability will apply. Further details available from Tunbridge Wells Borough Council – 01892 526121
Service Charge & Insurance
Currently £788 per annum for service charge, and £237.86 pa for building insurance.
Legal Costs
Each party to be responsible for their own although a contribution to the landlord’s costs shall be required.
Viewing Arrangements
Strictly by appointment and accompanied through agent’s office.
