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