The property is situated fronting the Cannon Lane (A26) the principal arterial road running through the town’s commercial and industrial estates just to the east of the town centre.
Thousands of vehicles pass along Cannon Lane/Vale Road on a daily basis and the scheme is immediately adjacent to a new retail park where occupiers include Halfords, M&S Simply Food, Go Outdoors, Costa, Home Bargains and Jollys Pet Foods. Opposite is a Macdonalds drive-thru.
Tonbridge has a resident district population of 115,000 and is a historic market town with a good range of private and public schools. The main retail centre is situated in the High Street around 400 yards to the west.
The town enjoys excellent communications with the A21 providing a dual-carriageway link to Junction 5 of the M25 around 8 miles to the north and there is a fast and frequent train service to central London stations from Tonbridge Station, around 0.5 miles away.
The property comprises the ground floor commercial element of the Blossom Bank Scheme developed by Ward Homes providing around 132 apartments and houses.
The ground floor accommodation was previously occupied as a gym and comprises a gross internal floor area as follows:
3,324 sq. ft. (308.8 sq. m)
Block C has a frontage to both Cannon Lane and the River Medway.
8 car parking spaces are demised and the tenant has the use of the decked area to the front.
Gas fired central heating to part
Male & female changing rooms/showers
8 car parking spaces
Good ceiling height
Attractive riverside frontage
The premises are available to be let on a new lease for a term by arrangement on an effective Full Repairing and Insuring lease basis.
£45,000 per annum exclusive
Long leasehold sale
Offers in excess of £450,000 exclusive will be considered for the long leasehold interest, approximately 990 years, subject to contract.
The unit currently has planning consent for use as a gym. The premises are considered to be suitable for alternative commercial uses including A1, A2, A3, B1, D1 and D2 use all subject to planning consent.
From the Valuation Office website, we understand the premises are described as a “gym and premises” with a current Rateable Value of £25,250. UBR 2019/20 being 50.4p in the £.
Interested parties are strongly advised to check the actual rates liability with the Local Authority direct.
The ingoing tenant will be required to provide a rental deposit as security against the tenant’s compliance with all covenants under the lease.
ENERGY PERFORMANCE CERTIFICATE
Has a C-rating.
Each party to be responsible for their own legal costs.
Possession will be granted upon completion of the legal formalities or earlier by arrangement.
Strictly by appointment through sole agents:-
Bracketts – 01732 350503