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23 Grosvenor Rd 923 SF of Assignment Available in Tunbridge Wells TN1 2AH
ASSIGNMENT HIGHLIGHTS
- Prominent Business Location
- Wide Frontage
- Solid Transport Links
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 923 SF | Mar 2032 | $49.49 /SF/YR $4.12 /SF/MO $45,682 /YR $3,807 /MO | Fully Repairing & Insuring |
Ground
Franchised Poppins cafe and restaurant, lease and business for sale. The premises occupy a prominent position along Grosvenor Road in Tunbridge Wells town centre. The premises immediately adjoin Baldwins travel and Corals and are in the same parade as Tesco Metro. The premises have recently been substantially refurbished to provide for modern cafe having wood laminate flooring, ceiling spot lights and air conditioning. There are 82 covers. There is an open kitchen with serving counter leading to rear prep and wash area having tiled floor & walls. The kitchen and prep area are well fitted with quality stainless steel appliances with stainless steel hood and extraction. A full inventory of equipment to be included in the sale will be made available. To the rear of the premises are 2 cloakrooms, one adapted for disabled persons and provide for baby change. There is a usable basement area comprising store rooms, walk in freezer, staff area and staff cloakroom. Shop overall 86.3 sq m (923 sq ft) including kitchen area plus ground floor store and 2 sets cloakrooms. Basement total usable area including walk-in freezer overall 34.9 sq m (270 sq ft) plus cloakroom Total usable overall area 121.2 sq m (1193 sq ft) The premises are held under lease for a term of 15 years from 2017 at a rent of £34,000pa. There are 5 yearly rent reviews and a tenant only break option in 2022.
- Use Class: E
- Assignment space available from current tenant
- Partially Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Central Air and Heating
- Common Parts WC Facilities
- Modern & well equipped
- Well known & established franchise
- Great Natural Light
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
SELECT TENANTS AT 23 GROSVENOR RD, TUNBRIDGE WELLS, KEN TN1 2AH
- TENANT
- DESCRIPTION
- UK LOCATIONS
- REACH
- Poppins
- Restaurant
- 1
- -
| TENANT | DESCRIPTION | UK LOCATIONS | REACH |
| Poppins | Restaurant | 1 | - |
PROPERTY FACTS
| Total Space Available | 923 SF | Gross Leasable Area | 2,811 SF |
| Property Type | Retail | Year Built | 1916 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 923 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 2,811 SF |
| Year Built | 1916 |
ABOUT THE PROPERTY
The property comprises a mid-terraced building of masonry construction under a pitched roof providing retail space at basement and ground floor level with office accommodation above. The building is arranged over four floors. The property is located close to Tunbridge Wells Railway Station.
- Energy Performance Rating - D
Presented by
23 Grosvenor Rd
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