Nearby occupiers include Prezzo, WH Smith, J D Wetherspoon and Patisserie Valerie
For the Seller's Legal Pack, please click the Property Documents tab below
For a Buyer's Legal Report please click <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
Lot 26
Auction 11th February 2016
Rent £29,742 per Annum Exclusive
Status Sold
Price £440,000
Sector High Street Retail
Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
5 miles south of Tunbridge, 12 miles south of Sevenoaks, 35 miles south-east of London
Roads
A26, A21, M25 (Junction 5)
Rail
Tunbridge Wells Railway Station
Air
London Gatwick Airport, London Heathrow Airport
Situation
Royal Tunbridge Wells is an affluent and popular commuter town approximately 35 miles south-east of Central London. The property is situated at the western end of Monson Road, close to its junction with Mount Pleasant Road, which provides direct access to the pedestrianised retailing pitch of Calverley Road and the Royal Victoria Shopping Centre. Nearby occupiers include Prezzo, WH Smith, J D Wetherspoon and Patisserie Valerie.
Tenure
Freehold.
Location
Miles
5 miles south of Tunbridge, 12 miles south of Sevenoaks, 35 miles south-east of London
Roads
A26, A21, M25 (Junction 5)
Rail
Tunbridge Wells Railway Station
Air
London Gatwick Airport, London Heathrow Airport
Situation
Royal Tunbridge Wells is an affluent and popular commuter town approximately 35 miles south-east of Central London. The property is situated at the western end of Monson Road, close to its junction with Mount Pleasant Road, which provides direct access to the pedestrianised retailing pitch of Calverley Road and the Royal Victoria Shopping Centre. Nearby occupiers include Prezzo, WH Smith, J D Wetherspoon and Patisserie Valerie.
Tenure
Freehold.
Description
The property, a Grade II listed building, comprises a ground floor retail unit with a self-contained three bedroom maisonette arranged over first and second floor.
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 applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property, a Grade II listed building, comprises a ground floor retail unit with a self-contained three bedroom maisonette arranged over first and second floor.
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 applicable to this lot.
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
Reviews
Ground First & Second
Retail Residential
125.37 sq m 3 Bedroom Maisonette (5)
(1,349 sq ft)
JOHNSON CLEANERS UK LIMITED (1)
15 years from 24/06/2006 until 23/06/2021 on a full repairing and insuring lease (2)
£29,742.03
24/06/2016 (3) (4)
Totals
125.37 sq m
(1,349 sq ft)
£29,742.03
(1) Johnsons Dry Cleaners are the UK’s leading provider of dry cleaning services for clothing and other items, with a network of conveniently located stores nationwide. Johnsons Dry Cleaners are part of Johnson Service Group, which has been in business for over 200 years. (Source: www.johnsoncleaners.com 12/01/2016) (2) The Seller is holding a rental deposit. Please refer to the legal pack. (3) It has been agreed that there will be no rental increase at the 24th June 2016 rent review. (4) The lease provides an option to determine on 24th June 2019. (5) The residential maisonette has been sublet.
Contacts
Seller's Solicitors
Fladgate LLP 16 Great Queen Street London WC2B 5DG
