96 High Street Tonbridge Kent TN9 1AP

96 High Street
Tonbridge
Kent
TN9 1AP

Freehold Restaurant and Residential Investment

Ground floor restaurant with three flats above let on ASTs
Restaurant let until June 2026 (no breaks)
Excellent town centre location close to Waitrose, Pizza Express and J D Wetherspoon
Close to Tonbridge Castle in popular commuter town
VAT-free investment
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot
43
Auction
10th December 2015
Rent
£78,000 per Annum Exclusive
Status
Sold Prior
Price
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Freehold Restaurant and Residential Investment

Ground floor restaurant with three flats above let on ASTs
Restaurant let until June 2026 (no breaks)
Excellent town centre location close to Waitrose, Pizza Express and J D Wetherspoon
Close to Tonbridge Castle in popular commuter town
VAT-free investment
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot 43
Auction 10th December 2015
Rent £78,000 per Annum Exclusive
Status Sold Prior
Price
Sector
Restaurant
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 5 miles north of Tunbridge Wells,7 miles south-east of Sevenoaks, 30 miles south-east of Central London
Roads: A21, A26, M25
Rail: Tonbridge Railway Station
Air: Gatwick Airport

Situation

The property is situated on the western side of the High Street, the main retail thoroughfare in Tonbridge, opposite Medway Wharf Road. Nearby occupiers include Waitrose Supermarket, Peacocks, JD Wetherspoon, 99p Stores, Starbucks, Pizza Express, Monsoon, Boots Opticians and WH Smith. Tonbridge Castle is located a short walk away.

Tenure

Freehold.

Location

Miles: 5 miles north of Tunbridge Wells,7 miles south-east of Sevenoaks, 30 miles south-east of Central London
Roads: A21, A26, M25
Rail: Tonbridge Railway Station
Air: Gatwick Airport

Situation

Tenure

Freehold.

Description

The property comprises a ground floor restaurant with three self-contained flats above arranged on the first, second and third floors.

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 not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is not 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	Restaurant	220.50 sq m	(2,373 sq ft)	SAPKOTA ENTERPRISE LIMITED WITH A PERSONAL GUARANTEE (t/a Oriental Buffet Club) (1)	25 years from 14/06/2001 until 13/06/2026	£54,000	08/06/2016 and five yearly thereafter
First	Residential	One Bed Flat		AN INDIVIDUAL	2 years from 01/09/2013 (holding over)	£8,100(2)	-
Second	Residential	One Bed Flat		AN INDIVIDUAL	1 year from 25/06/2014 (holding over)	£7,800(2)	-
Third	Residential	One Bed Flat		TWO INDIVIDUALS	1 year from 19/01/2015	£8,100(2)
Total Commercial Areas		220.50 sq m	(2,373 sq ft)			£78,000