15-17 Upper Grosvenor Road – Tunbridge Wells – Kent TN1 2DU

Location

The North West Kent town of Tunbridge Wells is located approximately 40 miles to the south east of

central London and approximately 16 miles to the south of the M25 (junction 5). Neighboring towns

include Tonbridge and Sevenoaks approximately 5 & 12 miles to the north, respectively, and East

Grinstead which is approximately 14 miles to the west.

Main line rail services are provided directly from Tunbridge Wells to London`s Charing Cross, with a typical journey time of around 50 minutes. This property is situated in a town centre position directly fronting Upper Grosvenor Road and close by to all the town`s retail and leisure facilities.

Upper Grosvenor Road is predominantly made up of private period residencies and has become an affluent part of town. The property is situated at the top end of Upper Grosvenor Road, close to its junction with Meadow Road.

Description

This building is a double fronted Victorian office property, originally built as a pair of self-contained

semi-detached properties, probably as houses, later connected internally.

The offices are arranged over lower ground, ground, and three upper floors, the third floor

comprising part of the roof space.

There is a large parking area to the front, with 10 car spaces. There is garden / amenity

area to the rear of the building.

There are communal ladies and gent’s WCs on the ground floor and half landing, and a communal kitchen on the lower ground floor. There is a further private WC demised to the ground floor offices.

The property benefits from period features, with high ceilings and excellent natural light, particularly on the ground, first and second floors.

The property is of traditional brick construction, with plastered and decorated elevations with

attractive large sash windows. The roof has a traditional slate tile covering with a flat central part.

Ground Floor (G1-4) – Front door leads straight into a hallway with an office directly to the left. The hallway also provides stair access to the lower ground floor area.

From the hallway stairs lead directly to a landing and WC and then on to the upper floors.

The ground floor offices are formed from 4 interconnecting rooms, with a private WC and separate kitchen.

First Floor (FF1-4) – Broadly comprises 3 interconnecting rooms, similar to the ground floor and 1 self-contained room.

Second Floor (SF1-4) – Broadly comprises 4 interconnecting rooms, similar to the ground and first floors.

Third Floor / Roof Space (TF1-4) – Broadly comprises 3 interconnecting rooms and a rear storeroom (no window).

Lower Ground (LG1-4) – Comprises two separate offices to the front (LG2 & LG 3); a rear communal room (LG1); communal kitchen; and a storeroom / office (LG4).

Development Potential

Although the property could continue in its current uses as offices, either as an investment property, or part occupation/ investment, there is potential to change the use to residential through Permitted Developments Rights. The property is not a Listed Building and lies outside the town`s Conservation Area.

The property obtained planning consent in 2009 for conversion to a pair of semidetached  residential townhouses – Ref. No: 09/02163/FUL. This permission has now lapsed.

Restrictive Covenant

Our client wishes to restrict some minor aspects relating to any future redevelopment of the property with a covenant on the title. Further details on request.

Floor Areas

Floor                      Office                     sq ft         sq m

Ground                 

G1                                                              159          14.81

G2                                                             170          15.82

G3                                                              173          16.08

G4                                                              144          13.39

Kitchen                                                       65            6.04

First

FF1                                                               160          14.87

FF2                                                              234          21.71

FF3                                                              233          21.68

FF4                                                              161          14.96

Second

SF1                                                              161          14.96

SF2                                                             235          21.80

SF3                                                             231          21.47

SF4                                                             162          15.04

Third / Roof

TF1                                                                92             8.58

TF2                                                               115           10.68

TF3                                                               116           10.79

TF4 (Store)                                                 91            8.49

Lower Ground

LG1                                                               99            9.17

LG2                                                              216           20.08

LG3                                                              223           20.71

LG4 (Store)                                                 42             3.93

Totals                                                           3282          304.90 – net internal

Tenancies

Ground Floor – G1-4 – Lease

Occupied by Blank Canvas Publishing Ltd. Lease expiry 28th February 2023. Current rent – £9100 pax

Part First floor – FF2-4 – Lease

Occupied by Wordzworth Ltd. Lease expiry 28th February 2023. Current rent – £9000 pax. Tenant has option to end the lease on 28th February 2022, providing they provide notice by 28th October 2021.

Part First floor – FF1 – Lease

Occupied by Auto Haus (IRE) Ltd. Licence expiry 1st May 2022. Current rent – £3675 pax

Second Floor & Part Third Floor – SF1-4 & TF2-4

Occupied by Huskisson Brown Associates. Rent Free until 28th February 2023 (previously £13000 pax)

Part Lower Ground Floor – LG2

Occupied by Blank Canvas Publishing Ltd. Licence expiry 28th February 2023. Current rent – £3000 pax

Part Lower Ground Floor – LG3

Occupied by Blank Canvas Publishing Ltd. Licence expiry 28th February 2022. Current rent – £3400 pax

The above leases are each on effective full repairing and insuring basis, via a landlord`s service charge.

All leases are contracted outside the security of tenure provisions of the Landlord & Tenant Act 1954 part II.

The current rental income is £28175 pax.

pax – per annum, exclusive of all other outgoings.

Price

Offers are invited in excess of £1.1million

Viewing Arrangements

Strictly by appointment and accompanied as the building is currently occupied.

Please contact Julie Chalmers – 01892 552500 / julie.chalmers@durlings.co.uk

22 Mount Ephraim Road

Tunbridge Wells

Kent TN1 1ED

 

Subject to contract & availability

Prospective purchasers are to provide proof of funding.

 



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Property Status

FOR SALE

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Property Details

Location: Tunbridge Wells
Description: Attractive period office building formed from two interconnecting buildings. 3282 sq ft - net.
Residential potential with short term rental income.
Size: 3282 sq ft - net
Tenure: Freehold - subject to short term tenancies
Price: Price - Offers sought in excess of £1.1 million
Rates: Various - on application.
Terms: For Sale - subject to short term occupational tenancies

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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