Former International Tile Store – Tunnel Road – Tunbridge Wells – Kent TN1 2BT

Location

Royal Tunbridge Wells, a town renowned for its affluence, is positioned 35 miles South East of Central London and has a population of approximately 100,000. Vehicular access is via the A26 through Southborough connecting to the A21, in turn providing access to the M25 at Junction 5. Tunbridge Wells station (0.6 miles) is a short walk from the property and offers a convenient average journey time of 1 hour into London. The property is located on the north side of Tunnel Road, a residential street a short distance from Royal Victoria Place shopping centre, and other well-known brands including Next, Boots, WHSmith and Marks & Spencer. The Tunbridge Wells area is also home to a host of well-regarded schools with high Ofsted ratings.

Description

A rare opportunity to purchase a freehold commercial property in Tunbridge Wells. Previously occupied by a tile showroom/store since 2003, the property comprises of c.3,767sqft of internal commercial space. The main building is split over 2 floors measuring c.3,272sqft with a largely open-plan layout. There is a smaller detached commercial building/workshop measuring c.217sqft with a steel roller shutter and 4.5m ceiling clearance. The yard/parking area measures c.2,538 sq ft and can accommodate up to 9 vehicles. A double garage located adjacent to the property measuring c.284sq ft is also included in the sale. The property is suitable for continued use as a commercial site (planning class E) or has strong potential for conversion into a residential scheme (house or flats) subject to the relevant planning consents. The site has no relevant planning history in this regard.

Floor Areas

Showroom building                             sq ft

Ground                                                         1636

First                                                              1636

Plus parking / yard – 1057sq ft

Workshop                                                217

Plus parking area -1071 sq ft

Garages                                                     284

Plus parking area -410 sq ft

Price

Offers are invited in the region of £850,000 for the freehold interest with vacant possession.

Note – The owner may consider a lease – Subject to covenant and acceptable lease terms.

VAT

Not applicable on the price.

Business Rates

Rateable Value is £27,000. Interested parties are advised to check the amount payable for the year directly with Tunbridge Wells Borough Council – 01892 526121

Additional information

The following information is available upon request:

  • EPC register
  • Title and Title Plan
  • Floor plans
  • Photographs

Viewing

By appointment with Durlings 01892 552500 – Rupert Farrant or Acorn Commercial 020 8315 5454 – Daniel Dennis



Location


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Property Status

FOR SALE

Property Downloads


Property Details

Location: Tunbridge Wells
Description: Former showroom & warehouse, with parking / yard areas and additional buildings with development potential for conversion to houses or apartments.
Size: 3773 sq ft
Tenure: Freehold - with vacant possession.
Price: Guide Price - £850,000
Rates: The rateable value is £27,000. Interested parties are advised to check the actual rates payable directly with Tunbridge Wells Borough Council – 01892 526121.
Service Charge: n/a
Terms: For sale - with vacant possession. (May consider a lease, subject to terms and covenant).

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