7-9 Monson Road, Tunbridge Wells, Kent, TN1 1LS, Tunbridge Wells

£625,000

Size

4,533

Tenure

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EPC

Parking

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Primary use
High street retail
Frontage
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No floor / site plan

Key features

  • Freehold retail investment in Royal Tunbridge Wells.
  • Prominent trading position on Monson Road, close to Calverley Road and Crescent Road multi-storey car park.
  • Substantial three-storey building extending to approximately 4,533 sq ft (421.1 sq m) NIA.*
  • Retail accommodation on the ground and first floors, with ancillary accommodation on the second floor.
  • Benefits from an 8-person passenger lift and air conditioning (not tested).
  • Let to Lakeland Limited for five years from 16 January 2023.
  • Passing rent of £50,000 per annum.
  • Tenant break option on 15 January 2027 not exercised.
  • Guide price: £625,000, reflecting a gross initial yield of 8% before purchaser’s costs.
  • Sale price advised not to attract VAT.

Description

A substantial, mid-terrace, three-storey building comprising retail sales on the ground and first floors with ancillary
offices / staff / stores / WC’s on the second floor. The accommodation benefits from an 8-person (630kg) passenger lift and air conditioning (not tested).
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: D

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements
Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

7-9 Monson Road, Tunbridge Wells, Kent, TN1 1LS, Tunbridge Wells

NEAREST STATIONS

National Rail

Tunbridge Wells Station

0.2 miles

National Rail

High Brooms Station

1.2 miles

National Rail

Frant Station

2.39 miles

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Disclaimer - Property reference 250b93a5-b7ba-4a11-b2b6-35c17cf39028. 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 Bracketts LLP, Tunbridge Wells. 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.