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44 Newton Rd
Tunbridge Wells TN1 1RU
Retail Property For Sale · 1,076 SF
Investment Highlights
- Security alarm
- Laminate flooring
- Electric heating
Executive Summary
Royal Tunbridge Wells is an affluent and historic Spa town situated approximately 35 miles south east of central London. The Borough has a resident population of around 100,000 people. The main arterial route to the north is via the A26 through Southborough linking with the A21 which serves the M25 at Junction 5. There is a main line station situated on Mount Pleasant Road with an average journey time of approximately one hour to the capital. The property is conveniently situated on the southern side of Newton in the heart of the town centre.
PROPERTY FACTS
Unit Size | 607 SF | Sale Type | Investment or Owner User |
No. Units | 1 | Building Class | B |
Total Building Size | 1,076 SF | Floors | 1 |
Property Type | Retail (Condo) | Typical Floor Size | 1,076 SF |
Property Subtype | Storefront | Year Built | 1970 |
Unit Size | 607 SF |
No. Units | 1 |
Total Building Size | 1,076 SF |
Property Type | Retail (Condo) |
Property Subtype | Storefront |
Sale Type | Investment or Owner User |
Building Class | B |
Floors | 1 |
Typical Floor Size | 1,076 SF |
Year Built | 1970 |
1 Unit Available
Unit GF Office
Unit Size | 607 SF | Sale Type | Investment or Owner User |
Condo Use | Office | Tenure | Long Leasehold |
Unit Size | 607 SF |
Condo Use | Office |
Sale Type | Investment or Owner User |
Tenure | Long Leasehold |
Description
Contemporary ground floor office. The premises may suit other uses (subject to planning, etc.).
Sale Notes
Residue of ground lease for 125 years from 1 January 2008 [Title K940377] with vacant possession. The ground rent is phased: £250 pa for first 25 years, £500 pa for next 25 years, £750
pa for next 25 years, £1,000 pa for next 25 years and £1,500 pa for remainder of term.
Together with a 50% share of the Company that owns the freehold.