Lower Green Road, Tunbridge Wells, TN4 8TW
- PROPERTY TYPE
Office
- SIZE
2,185 sq ft
203 sq m
Key features
- Substantial two-storey commercial premises
- Flexible office layout with multiple suites
- Private car park
- WC and kitchen/kitchenette facilities on both floors
- Current tenant willing to sign a 10-year lease
- Vacant possession available with agreed tenant buyout (£44,000)
- Ideal for owner-occupiers or investors
- EPC - E
- Rateable Value - £22,500
Description
*For Sale via Modern Method of Auction*
An excellent opportunity to acquire Shadwell House, a well-presented and generously proportioned two-storey commercial building extending to approximately 2,188 sq ft (203 sq m). The property is complemented by a private car park, offering valuable off-street parking.
Situated in a convenient and accessible location, the property is currently occupied by a long-standing tenant whose lease has expired. The tenant is keen to remain and has expressed willingness to enter into a new 10-year lease. However, the vendor, due to personal circumstances, is not in a position to commit to a new term and is offering the property with vacant possession.
To facilitate this, a buyout arrangement has been agreed with the tenant for the sum of £44,000, equivalent to two years’ council tax (£22,000 per annum). This cost is in addition to the purchase price and would enable a clean break should the buyer wish to occupy or re-let.
Accommodation (Approximate Sizes):
Ground Floor – Approx. 99 sq m / 1,062 sq ft
Office: 6.23m x 5.34m (20'5" x 17'6")
Office: 4.55m x 2.78m (14'11" x 9'1")
Office: 4.52m x 3.63m (14'10" x 11'11")
Office: 3.21m x 7.71m (10'6" x 25'4")
Kitchen: 1.66m x 2.19m (5'5" x 7'2")
WC: 1.70m x 1.15m (5'7" x 3'9")
Multiple hallways and entrances
First Floor – Approx. 105 sq m / 1,127 sq ft
Office: 6.65m x 5.53m (21'10" x 18'2")
Office: 3.99m x 4.32m (13'1" x 14'2")
Office: 3.17m x 4.74m (10'5" x 15'7")
Office: 3.91m x 5.86m (10'6" x 19'3")
Office: 3.94m x 3.58m (12'11" x 11'9")
Kitchenette: 1.43m x 1.80m (4'8" x 5'11")
Two WCs
Landing areas
Tenure:
Freehold – offered with vacant possession, subject to agreed tenant exit terms.
Parking:
Private car park included, providing off-street parking for staff or clients.
Vendor’s Note:
The current tenant has a long-standing presence in the building and is committed to remaining. The vendor’s decision to sell stems from personal circumstances. This is a rare chance to secure a well-established commercial asset with flexibility on occupation or future leasing.Viewing:
Strictly by appointment via KMJ Property - Marc Johnson
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
Brochures
Brochure 1Lower Green Road, Tunbridge Wells, TN4 8TW
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Tunbridge Wells Station1.5 miles
- High Brooms Station2.1 miles
- Ashurst Station3.5 miles
Notes
Disclaimer - Property reference S1364814. 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 KMJ Property, Kent & Sussex. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call KMJ Property, Kent & Sussex on 01892 352897.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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