Retail Property (high street) to rent

45 High Street, Tunbridge Wells, Kent, TN1

Let Agreed 1,356 sq. ft. | Offers Invited

Property Description

Commercial information

  • 1,356 sq ft (125 sq m)
  • Use class orders: A1 Shops

Letting information:

Letting type: Commercial

Key features

  • Lease for sale
  • Premium offers for the leasehold interest are invited in excess of 50,000
  • Centre of the High Street
  • Extensively refurbished
  • 1356 sq ft

Full description

Tenure: Leasehold

LEASE FOR SALE

Location:

The premises are situated in the centre of the High Street, a well-established and popular retail environment favored by specialist retailers such as fashion boutiques, jewelers, bespoke furniture retailers and a variety of A2 and A3 users.
Neighboring occupiers include Sweaty Betty, Brora, Whistles and Cath Kidson.
Tunbridge Wells remains an important leisure and retail destination, with a higher than average proportion of Wealthy Achievers (source - latest census). It is situated approximately 40 miles to the south-east of London, with the main line station providing a frequent service with typical journey time of 55 minutes. The town is approximately 15 miles from Junction 5 of the M25 (Sevenoaks), via the A21.

Description:

These premises comprise a unique double shop front and sales areas, with addition sales space on the raised and lower ground floor levels, along with changing rooms, stores, and ancillary space.
The premises have been subject to extensive refurbishment works and offer a "turnkey" opportunity for a retailer to commence trading immediately.

Accommodation:

Ground Floor - Sales combined 321 sq ft

Raised Ground - Front Sales 226 sq ft

- Rear Sales 348 sq ft

Lower Ground Floor - Sales 196 sq ft

Ancillary 265 sq ft

Total net internal floor areas 1356 sq ft (125.98 sq m)

Tenure / Terms:

The existing salient lease terms are as follows:

Term - 15 years from 29th September 2009.

Rent - 30,000 per annum, exclusive of all other outgoings. The rent does not attract VAT.

Repairs - To keep in good and substantial repair and condition. Otherwise the lease is effectively full repairing and insuring, via a landlord's service charge. The tenant has a 40% responsibility to the total costs.

Break Clauses - A tenant's option to determine the lease on 29th September 2019, on providing a minimum of 6 months` notice.

Rent Reviews - 29th September 2019 and 29th September 2024.

Alienation - Ability to assign or underlet the whole premises only, and an assignment is to be subject to an Authorised Guarantee Agreement.

Price:
Premium offers for the leasehold interest are invited in excess of 50,000, with VAT applicable to the sale price.

More information from this agent

Nearest stations

  • Tunbridge Wells (0.2 mi)
  • High Brooms (1.6 mi)
  • Frant (2.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Durlings, Tunbridge Wells

22 Mount Ephraim Road, Tunbridge Wells, Kent, TN1 1ED

01892 323083 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Tunbridge Wells (0.2 mi)
  • High Brooms (1.6 mi)
  • Frant (2.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Durlings, Tunbridge Wells

22 Mount Ephraim Road, Tunbridge Wells, Kent, TN1 1ED

01892 323083 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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Property reference 45highstreet. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Durlings, Tunbridge Wells.

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