27 Mount Pleasant Road Tunbridge Wells Kent TN1 1PN

27 Mount Pleasant Road
Tunbridge Wells
Kent
TN1 1PN

Freehold Bank Investment

  • Let to Royal Bank of Scotland plc (majority Government owned)
  • Highly Affluent and Popular Commuter Town
  • Prominent corner position on the busy Mount Pleasant Road with a return frontage on to Lonsdale Gardens
  • Nearby occupiers include Russell and Bromley, Carluccio’s, Wagamama, Bang and Olufson, Strada and Sainsbury’s Local
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    46
  • Auction
    22nd October 2015
  • Rent
    £81,000 per Annum Exclusive
  • Status
    Sold Prior
  • Price
     
  • Sector
    Bank
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Bank Investment

  • Let to Royal Bank of Scotland plc (majority Government owned)
  • Highly Affluent and Popular Commuter Town
  • Prominent corner position on the busy Mount Pleasant Road with a return frontage on to Lonsdale Gardens
  • Nearby occupiers include Russell and Bromley, Carluccio’s, Wagamama, Bang and Olufson, Strada and Sainsbury’s Local
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 46
  • Auction 22nd October 2015
  • Rent
  • Status Sold Prior
  • Price  
  • Sector
    Bank
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
40 miles south of London, 11 miles south of Sevenoaks, 17 miles south-west of Maidstone
Roads
A21, A26, M25
Rail
Tunbridge Wells Railway Station
Air
London Gatwick Airport, London Heathrow Airport
Situation

Royal Tunbridge Wells is an affluent and popular commuter town approximately 40 miles south of Central London. The property is situated on the busy Mount Pleasant Road, some 50 metres north of Tunbridge Wells Railway Station and at its junction with Lonsdale Gardens. Nearby occupiers
include Russell and Bromley, Carluccio’s, Wagamama, Bang and Olufson, Strada and Sainsbury’s. The property benefits from being equidistant between the historic centre of The Pantiles and the Royal Victoria Shopping Centre and the pedestrian flow between the two.

Tenure

Freehold.

Location
Miles
40 miles south of London, 11 miles south of Sevenoaks, 17 miles south-west of Maidstone
Roads
A21, A26, M25
Rail
Tunbridge Wells Railway Station
Air
London Gatwick Airport, London Heathrow Airport
Situation

Royal Tunbridge Wells is an affluent and popular commuter town approximately 40 miles south of Central London. The property is situated on the busy Mount Pleasant Road, some 50 metres north of Tunbridge Wells Railway Station and at its junction with Lonsdale Gardens. Nearby occupiers
include Russell and Bromley, Carluccio’s, Wagamama, Bang and Olufson, Strada and Sainsbury’s. The property benefits from being equidistant between the historic centre of The Pantiles and the Royal Victoria Shopping Centre and the pedestrian flow between the two.

Tenure

Freehold.

Description

The property comprises a ground floor banking hall with office accommodation
and benefits from a return frontage on to Lonsdale Gardens.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is not applicable to this lot.

Viewings

There will be a single block viewing date for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Alec Linfield. Telephone: +44 (0)20 7034 4860.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor banking hall with office accommodation
and benefits from a return frontage on to Lonsdale Gardens.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is not applicable to this lot.

Viewings

There will be a single block viewing date for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Alec Linfield. Telephone: +44 (0)20 7034 4860.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/(Reversion)
Ground Banking Hall/
Ancillary
156.90 sq m
(1,689 sq ft)
ROYAL BANK OF
SCOTLAND PLC (1)
15 years from 11/11/2005 on a full repairing and insuring
lease
£81,000 11/11/2015
(10/11/2020)
Totals  
156.90 sq m
(1,689 sq ft)
    £81,000

(1) Royal Bank of Scotland has over 17 million customers in the UK and is the largest SME Bank in the UK with over 1.1 million customers (Source: www.rbs.com). The Royal Bank of Scotland plc is majority owned by the UK Government (www.investors.rbs.com)
(2)The lease provides for a tenant option to determine the lease on 11th November 2015 on providing 6 months written notice. The Tenant has NOT exercised this break option and the notice period has now passed.

Property Documents

  • Catalogue Page
    Updated Date
    30.09.15
    File Size
    1 MB
    View PDF
  • Site Plan
    Updated Date
    30.09.15
    File Size
    74 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Sylvester Amiel Lewin & Horne LLP Pearl Assurance House, 319 Ballards Lane
Finchley
London
N12 8LY
Bruce Lewin 0208 446 4000brucelewin@sylvam.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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