50 Grosvenor Road – Tunbridge Wells – Kent TN1 2AS

Location

No.50 Grosvenor Road is in a town centre position close by to the Royal Victoria Place Shopping Mall, with its attached large multi storey car parks.

Grosvenor Road is one of the main arterial routes into the town centre.

This location is made up of a wide variety of local traders, and the property is also close to Tescos and the town’s main post office.

The town`s mainline station is 0.4 miles to the south, being about a 10-minute walk.

Description

A character period building understood to have been constructed in 1798 as the original gate house to Grosvenor Lodge.

The property has since had a large single storey extension built to the rear.

The property has for many years traded as a bridal shop, with sales and display areas over ground and first floors, with storage on the second floor and basement level.

The property is suitable for continued retail use, or alternatively as offices, medial, health & beauty, or leisure uses. It is considered that the property has scope to convert into residential use, and even further extension to the rear, either for apartments or a single dwelling (subject to all the necessary planning consents).

Floor Areas

Ground

Front Sales –                                                                   177 sq ft (16.41 sq m)

Rear Sales –                                                                    599 sq ft (55.63 sq m)

First –

Front room –                                                                   182 sq ft (16.91 sq m)

Rear room –                                                                   113 sq ft (10.54 sq m)

WC & Shower room –                                                  not measured

Second –

Storeroom –                                                                    125 sq ft (11.58 sq m)

Basement –

Office / Store –                                                              132 sq ft (12.23 sq m)

Total usable net internal floor area –                      1328 sq ft (123.30 sq m)

Planning

Planning consent was granted  on 5th June 2019 for a change of use from retail to a ‘live/work’ unit – ref: 19/00427/FULL – plans available on the website listing.

Tenure

Freehold with vacant possession

Guide Price

£350,000-£375,000

The purchase price will not be subject to VAT

Business Rates

The property is described as “Shop & Premises” and has a rateable value of £5700.

Small Business Raters Relief will apply.

Viewing Arrangements

Strictly by appointment and accompanied.

T – 01892 552500

Julie Chalmers – julie.chalmers@durlings.co.uk

Rupert Farrant – rupert@durlings.co.uk

 



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Property Status

FOR SALE

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Property Details

Location: Tunbridge Wells
Description: A well presented character period building arranged over 4 levels - ground, basement, 1st and 2nd floors.
Currently a bridal boutique arranged as sales, fitting and storage. Suitable for a wide range of alternative uses with scope to further extend to the rear.
Current use is as live / work.
Size: 1328 sq ft net internal
Tenure: Freehold - with vacant possession.
Price: Guide Price - £350,000-£375,000
Rates: RV - £5,700 - Small Business Rates Relief will apply.

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

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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