Key Information
- Prominent Showroom on Ground and First Floor
- 4,439 sq ft Sales
- 152 Ft Frontage to Calverley and Crescent Road
- A1 Retail with potential for alternative uses.
- Ground rent from 7 apartments totalling £1,650 per annum
- £65,000 per annum exclusive. Freehold is available with vacant possession on the retail unit and includes £1,650 pa ground rent payments from the apartments above. Details of price on request.
the property comprises a large retail showroom on ground and first floors with ancillary accommodation at basement level, together with seven apartments known as Carrs Court on the upper floors. Constructed in the early part of the 20th Century of brick and slate roofs the upper floors have been reconfigured to provide self-contained apartments.
Location
Royal Tunbridge Wells is an attractive and prosperous commuter town located in the heart of Kent, some 38 miles from Central London. The property sits in a prominent location on the junction of Calverley Road and Crescent Road on one of the main access roads (A264) from A21 Pembury Bypass. The unit is approximately 100 yards to the south-east of the pedestrianized section of Calverley Road which, together with Royal Victoria Place Shopping Centre, provides the prime retailing facilities in the town. One of the principal town centre car parks is approximately 75 yards away on Crescent Road providing some 1,085 spaces.
Rates
Property Description: Shop & Premises Rateable Value: £47,500 Rates Payable: £23,702.50 (based on the small business rates of 49.9p, effective until March 2025). All retail, leisure and hospitality users will be entitled to 75% discount until April 2025. (Source: VOA)
EPC
The premises has an EPC assessment of: C - 54
Accommodation
Measurements are quoted on a Net Internal basis in accordance with the RICS Property Measurement Second Edition. Frontage to Calverley Road 73 ft Frontage to Crescent Road 79 ft
Planning
The unit is within the Tunbridge Wells Conservation Area but is not listed as being of special architectural or historic interest.