No.7 Chapel Place, Tunbridge Wells, Kent TN1 1YQ

Location

A prominently located retail property on a pedestrianised thoroughfare, linking the High Street with the historic Pantiles.  This location is populated by a wide range of high-end specialist retailers, along with a good selection of bars and restaurants. The highly regarded One Warwick Park Hotel is also on Chapel Place, a few doors down.   With the renaissance of The Pantiles as a popular leisure destination, and the arrival of new retail and leisure operators, this location has benefitted from greater footfall.

Description

The property is part of a terrace of similar buildings, providing open plan ground and lower ground floor sales areas. The lower ground floor is accessed by a feature steel spiral staircase.

To the rear of the lower ground floor area there is a rear washroom area; a kitchen /office; and a separate WC (at mezzanine level).

Throughout this property has been subject to a comprehensive refurbishment including new high quality timber flooring. There is a suspended ceiling on the ground floor with an inset air conditioning cassette (heating & cooling) and LED track spot lighting. The property is fitted with an alarm.

Floor Areas

Ground

Sales –                                                                 425 sq ft (39.48 sq m)

Lower Ground –

Sales –                                                                 317 sq ft (29.45 sq m)

Washroom –                                                       61 sq ft (5.68 sq m)

Office / Kitchen –                                               49 sq ft (4.53 sq m)

WC –                                                                   not measured

Total usable net internal floor area –                  852 sq ft (79.14 sq m)

Tenure

Freehold.

Guide Price

£399,500

Terms

The property is to be sold with vacant possession, excluding all existing equipment, stock, fixtures & fitting, which may be available by separate negotiation.

The company occupying the property has a full premises license, which may also be available by separate negotiation – Further details on request.

Business Rates

Rateable Value is £19,500.

The rates payable are subject to a 505 discount, as announced in the recent budget.

Interested parties are advised to check directly with Tunbridge Wells Borough Council about the annual amount payable.

 

 

 



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Property Status

FOR SALE

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Property Details

Location: Tunbridge Wells
Description: Single storey retail property, with integral lower ground floor.
Fully refurbished. Suitable for a wide variety of uses.
Size: 852 sq ft
Tenure: Freehold - with vacant possession.
Price: Guide Price - £399,500
Rates: RV - £19,500
Terms: For Sale with vacant possession - fixtures, fittings, equipment, stock and full premise license all available by separate negotiation.

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