Riverbank House, Angel Lane Tonbridge Kent TN9 1SE

Riverbank House, Angel Lane
Tonbridge
Kent
TN9 1SE

Virtual Freehold Office Investment

Let SCL Security Ltd on a 6 year lease from 2016 (subject to option)
Popular Commuter Town
Town Centre location close to Tonbridge Station
Adjacent to the Angel Walk Shopping Centre and Sainsbury's Supermarket
For the Seller's Legal Pack, please click the Property Documents tab below

Lot
28
Auction
16th February 2017
Rent
£60,000 per Annum Exclusive
Status
Sold Prior
Price
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Virtual Freehold Office Investment

Let SCL Security Ltd on a 6 year lease from 2016 (subject to option)
Popular Commuter Town
Town Centre location close to Tonbridge Station
Adjacent to the Angel Walk Shopping Centre and Sainsbury's Supermarket
For the Seller's Legal Pack, please click the Property Documents tab below

Lot 28
Auction 16th February 2017
Rent £60,000 per Annum Exclusive
Status Sold Prior
Price
Sector
Office
Auction Venue
The 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 (Direct access to London, Charing Cross and London Cannon Street Stations)
Air: London Gatwick Airport

Situation

Riverbank House is situated on the north side of Angel Lane in the heart of Tonbridge Town Centre and adjacent to the Angel Walk Shopping Centre and Sainsbury's Supermarket. Tonbridge Railway Station is close by providing direct access to London Charing Cross and London Cannon Street Stations.

Tenure

Virtual Freehold. Held for a term of 999 years from completion of the sale at a peppercorn rent.

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 (Direct access to London, Charing Cross and London Cannon Street Stations)
Air: London Gatwick Airport

Situation

Tenure

Virtual Freehold. Held for a term of 999 years from completion of the sale at a peppercorn rent.

Description

The property comprises newly refurbished ground floor office accommodation benefiting from new air conditioning and suspended ceilings installed by the tenant, and new perimeter trunking as well as central heating, in addition to undercroft car parking for 4 cars. The property forms part of a larger building.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

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

Description

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

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	Reversion
Ground	Office 4 x Car Parking spaces	292.60 sq m	(3,150 sq ft)	SCL SECURITY LTD (1)	6 years from 02/06/2016 on a full repairing and insuring lease (2)	£60,000	02/06/2022
Totals		292.60 sq m	(3,150 sq ft)			£60,000

(1) SCL Security Ltd were incorporated in 2009. For the year ending 30th June 2015 SCL Limited reported a turnover of £6,498,975, a gross profit of £3,897,720 and a net worth of £1,364,512. (Directors report and financial statement dated 30th June 2015 is available in the legal pack).
(2) The lease provides for a mutual option to determine the lease on 02/06/2019.