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.
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.
sq ft (sq m)
Ground – 395 (36.7)
Basement – 352 (32.7)
£12,000 per annum exclusive of all other outgoings
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.
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.
Each party to be responsible for their own although a contribution to the landlord’s costs shall be required.
Strictly by appointment and accompanied through agent’s office.
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
t: 01892 552 500 | f: 01892 535 526