133 High Street
Tonbridge
Kent
TN9 1DH

Virtual Freehold Retail Investment

  • Let to Leaders Limited until 2027 (no breaks)
  • Town centre location
  • Affluent London commuter town
  • Neighbouring occupiers include Lloyds Bank, NatWest Bank, Bracketts Chartered Surveyor, Ward & Partners and Baldwins Travel
  • Lot
    57
  • Auction
    05/Dec/2018
  • Rent
    £22,500 per Annum Exclusive
  • Status
    Available
  • Price*
    £290,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Property Update
  • 133 High Street<br>Tonbridge<br>Kent<br>TN9 1DH
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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.

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

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReview/
(Reversion)
GroundRetail
111.9 sq m
(1,205 sq ft)
LEADERS
LIMITED (1)
10 years from 21/09/2017
on a full repairing and
insuring lease
£22,50021/09/2022
(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”.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    30.11.18
    File Size
    34 MB
    Login to View
  • Site Plan
    Updated Date
    13.11.18
    File Size
    2 MB
    View PDF
  • Catalogue Page
    Updated Date
    13.11.18
    File Size
    712 KB
    View PDF
  • Common Auction conditions
    Updated Date
    27.03.17
    File Size
    124 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 060519john.mehtab@acuitus.co.uk
Billy StruthBilly Struth +44(0)20 7034 4854billy.struth@acuitus.co.uk
Seller's Solicitors
Warners Solicitors 16 South Park
Sevenoaks
TN13 1AN
Mark Davis 01732 747 944m.davis@warners.law  Melanie Davis 01732 747 921melanie.davis@warners.law

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