To be sold via clicktopurchase – an online property sales platform.
FULL DETAILS : 66 High Street, Edenbridge
Edenbridge is located approximately 10 miles to the west of Tonbridge and approximately 8 miles north of East Grinstead. Access to the A22, via Lingfield, is approximately 5 miles to the west, and the A25 (Westerham), 5 miles to the north, which provides access to the A21 and M25 a further 3 miles to the east.
The subject property is centrally located in Edenbridge’s High Street, which is the town`s principal thoroughfare. Other close by occupiers include Costa (next door), NatWest (opposite), Lloyds TSB, Tesco Express and HSBC.
This property comprises a ground floor, double fronted shop, currently trading as a betting shop. The first and roof area comprise 2 no. self-contained flats, which are accessed from the rear.
The property is at the end of a terrace and on the corner of Lingfield Road. There is a parking area directly to the rear of the property, for both the flats and the shop.
The ground floor area, which is subject to an occupational lease to Corals, is predominately open plan, with ancillary areas.
Ground Floor –
Internal Width (min) – 28 ft 5” (8.66 m) [to rear (max) 31ft 6” (9.61 m)]
Internal Depth (max.) – 40 ft 11” (12.49m)
Zone A area – 537 sq ft (49.91 sq m)
Zone B area – 426 sq ft (39.55 sq m)
Kitchen / Store – 126 sq ft (11.73 sq m)
Disabled WC – 45 sq ft (4.15 sq m)
Overall area – 1134 sq ft (105.35 sq m)
ITZA – 750 sq ft (69.68 sq m)
There is parking allocation to the rear of the property for the shop and the flats, with each flat having one allocated space.
Freehold, subject to tenancies.
Ground Floor –.
Tenant – Coral Estates Ltd.
Term – 15 years from 2nd December 2005 (thus expiring 1st December 2020)
Rent – £30,000 pax
VAT – The lease states the landlord shall not charge VAT on the rent, however Corals have continued to pay VAT in addition to the rent, for several years, and have confirmed they are happy to continue to do so. Confirmation email available on request.
Rent Review –Next – 02/12/2015, on an “upward only” basis.
Use – As a betting shop, or any other use within A1 or A2.
Repair – Ground floor tenant to be responsible to repair and keep in good tenantable repair the demised area – i.e. the ground floor, along with periodic decoration of this area. (50%)
The tenants of the upper parts to contribute a fair proportion of the landlord`s costs in repairing the roof structure and foundations, only.(25% each).
The landlord is covenanted to maintain the building, roof and foundations,
First Floor –
Flat (2b Lingfield Road) –125 years from 05/01/2007. Ground rent of £100 per annum (doubling after each 25th year interval).
Second Floor –
Flat (2a Lingfield Road) –125 years from 05/01/2007. Ground rent of £100 per annum (doubling after each 25th year interval).
Total current annual income – £30,200.
£300,000 plus VAT.
Property Misdescriptions Act: DURLINGS for themselves and for the vendors or lessors of this property whose agents they are, give notice that:
(i)These particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute, nor constitute part of, an offer or contract;
(ii) All dimensions, distances and areas are approximate, and references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each item.
(iii) No person in the employment of DURLINGS has any authority to make or give representation or warranty whatsoever in relation to this property. VAT: Rents, Prices or any other charges quoted are exclusive of VAT, unless stated to the contrary.
(iv) Prospective purchasers or tenants are strongly recommended to satisfy themselves as to the working order of the main services, various electrical or gas appliances, plumbing, drainage, alarm or other systems or appliances. Whilst these may be mentioned in the particulars, they have not been tested by the Agents.
(v) Whilst we endeavor to make our sales/letting particulars as accurate and reliable as possible, if there is any point which is of particular importance to you please contact the agents and we will be pleased to check the information, particularly if you are proposing to travel some distance to view the property.
FULL DETAILS : https://www.singerviellesales.com/SalePropertyDetails.aspx?propertyId=473.
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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22 Mount Ephraim Road,
Kent. TN1 1ED
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