25 The Pantiles, Tunbridge Wells, Kent TN2 5TD

Location

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.

 



Location


CALL US ON 01892 552 500

SHARE ON     

Register with us


Property Status

UNDER OFFER

Property Downloads


Property Details

Location: Tunbridge Wells
Description: Retail premises over ground and lower ground floors in the historic Pantiles
Size: 747 sq ft
Tenure: Leasehold
Price: Rent - £12,000 pax
Rates: RV - £9300
Service Charge: £1,025 pa
Terms: Lease available by assignment

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

Sign up to our newsletter

Receive our newsletter and email alerts for new properties, developments opportunities and investments. Click here to sign up

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