Neighbouring occupiers include Lloyds Bank, NatWest Bank, Bracketts Chartered Surveyor, Ward & Partners and Baldwins Travel
Lot 57
Auction 5th December 2018
Rent £22,500 per Annum Exclusive
Status Withdrawn Post
Price
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
30 miles south-east of Central London
4 miles north of Tunbridge Wells
16 miles south-west of Maidstone
Roads
B2260, A26, A21, M25
Rail
Tonbridge Railway Station
Air
London Gatwick Airport
Situation
Tonbridge is an affluent West Kent market town. The property is prominently located on the west side of High Street (B2260), in an established estate agent pitch. Neighbouring occupiers include Lloyds Bank, NatWest Bank, Bracketts Chartered Surveyors, Ward & Partners and Baldwins Travel.
Tenure
Virtual Freehold. Held for a term of 999 years from 22/09/2017 at a peppercorn rent.
Location
Miles
30 miles south-east of Central London
4 miles north of Tunbridge Wells
16 miles south-west of Maidstone
Roads
B2260, A26, A21, M25
Rail
Tonbridge Railway Station
Air
London Gatwick Airport
Situation
Tonbridge is an affluent West Kent market town. The property is prominently located on the west side of High Street (B2260), in an established estate agent pitch. Neighbouring occupiers include Lloyds Bank, NatWest Bank, Bracketts Chartered Surveyors, Ward & Partners and Baldwins Travel.
Tenure
Virtual Freehold. Held for a term of 999 years from 22/09/2017 at a peppercorn rent.
Description
The property comprises ground floor retail accommodation. The property forms part of a larger building that has recently been converted to residential flats.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
Band D. See legal pack at acuitus.co.uk.
Description
The property comprises ground floor retail accommodation. The property forms part of a larger building that has recently been converted to residential flats.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
Band D. See legal pack at acuitus.co.uk.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review/ (Reversion)
Ground
Retail
111.9 sq m
(1,205 sq ft)
LEADERS LIMITED (1)
10 years from 21/09/2017 on a full repairing and insuring lease
£22,500
21/09/2022 (20/09/2027)
Total
111.9 sq m
(1,205 sq ft)
£22,500
(1) Leaders Limited was established in 1983 and is one of the largest independent residential property groups in the UK, with over 120 branches (Source: https://www.leaders.co.uk). Leader is rated by Experian as “Below Average Risk”.