Annual Rent Reviews in line with the Retail Price Index (RPI)
Substantial and attractive former Public House now operating as an Indian restaurant
Grade II Listed Building
Attractive and Affluent commuter Town
Site Area approximately 0.19 Hectares (0.47 Acres) with On Site Car park
Nearby Occupiers include Tesco Express and Papa John's Pizza
Lot 19
Auction 15th December 2022
Rent £96,000 per Annum Exclusive
Status Withdrawn Post
Price
Sector Restaurant
Auction Venue Live Streamed Auction
Property Information
Location
Miles
8 Miles South of Sevenoaks, 29 Miles South West of London
Roads
A26, A21
Rail
High Brooms Railway Station, Tunbridge Wells Railway Station
Air
London Gatwick Airport
Situation
The Property is situated on the West side of London Road ( A26) close to its junction with Doric Avenue and approximately 2 miles equidistant between Tonbridge to the north and Tunbridge Wells Town Centre to the South.The Location known as Southborough is an affluent resident district with a number of new residential developments close to the property. Nearby occupiers include Tesco Express and Papa Johns Pizza.
Tenure
Freehold.
Location
Miles
8 Miles South of Sevenoaks, 29 Miles South West of London
Roads
A26, A21
Rail
High Brooms Railway Station, Tunbridge Wells Railway Station
Air
London Gatwick Airport
Situation
The Property is situated on the West side of London Road ( A26) close to its junction with Doric Avenue and approximately 2 miles equidistant between Tonbridge to the north and Tunbridge Wells Town Centre to the South.The Location known as Southborough is an affluent resident district with a number of new residential developments close to the property. Nearby occupiers include Tesco Express and Papa Johns Pizza.
Tenure
Freehold.
Description
The property comprises a substantial and traditional Grade II Listed Former Public House with a large outdoor seating area. The property benefits from on a large site car parking and is set within grounds of a site area of approximately 0.19 Hectares (0.47 Acres).
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a substantial and traditional Grade II Listed Former Public House with a large outdoor seating area. The property benefits from on a large site car parking and is set within grounds of a site area of approximately 0.19 Hectares (0.47 Acres).
VAT
VAT is 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 sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Rent Review
Ground First Second
Restaurant Ancillary Ancillary
219.94 150.32 47.40
(2,367) (1,618) (510)
INDIVIDUAL t/a Imili
15 Years from 1/10/2022
£96,000
Annual Rent reviews in line with The Retail Price Index (RPI)
Total Approximate Floor Area
417.66
(4,496) (1)
£96,000
(1) The Floor Areas stated above are Gross Internal Areas
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
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