Town Centre Restaurant Lease – For Sale – Tunbridge Wells, Kent TN1

Location

This restaurant is situated in a prominent town centre position close to The Royal Victoria Place Shopping Centre.

 Description

A restaurant arranged entirely over the ground floor, with a small bar area, kitchen, stores and WC. Scope to extend or create rear courtyard area.

Covers

53 covers plus bar area.

 Tenure

Leasehold – Over 8 years remaining.

There is the ability to determine the lease on 13th February 2022.

The lease has Landlord & Tenant Act protection with respect to security of tenure.

The lease is drawn up on a full repairing and insuring basis.

 Rent 

Current passing rent of £28,000 per annum, exclusive of all other outgoings.

 Terms

An assignment of our client`s leasehold interest.

 Guide Price

On application – for the leasehold interest and specified fixtures and fittings.

Business Rates

On application

Legal Costs

The ingoing tenant is to be responsible for the existing tenant`s legal fees, and those of the landlord`s.

Our client will require an undertaking in this respect.

Viewing Arrangements

As this sale is confidential, named parties will need to first identify themselves through the agent’s offices before being able to book an appointment to inspect.



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Property Status

UNDER OFFER

Property Downloads


Property Details

Location: Tunbridge Wells
Description: A trading restaurant lease available to purchase.
Town centre position close by to Royal Victoria Place Shopping Centre.
Tenure: Leasehold - over 8 years reamaining
Price: Current Rent - £28,000 pax
Terms: Lease for sale - price on application

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