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64 Calverley Rd 7,131 SF Retail Building Tunbridge Wells TN1 2UG $1,305,186 ($183.03/SF)
Investment Highlights
- Town centre investment
- Fully let to a covenant providing £70,000 per annum with future regearing potential
- Prior approval secured for six residential units across upper floors
- Highly visible corner position within a key town centre retail destination
- Located in Royal Tunbridge Wells Conservation Area, close to Royal Victoria Place Shopping Centre
- Surrounded by established retailers ensuring robust pedestrian activity
Executive Summary
For Sale - Town Centre Investment - Guide price: £975,000.
Producing £70,000 Per Annum - NIA Approx. 7,131ft2 (662.4m2)
An attractive landmark building arranged over three floors with retail accommodation on the ground and first floors and ancillary offices / staff / stores on the second floor. The main frontage and entrance is on Monson Road, but the property enjoys a significant return frontage to Calverley Road.
Producing £70,000 Per Annum - NIA Approx. 7,131ft2 (662.4m2)
An attractive landmark building arranged over three floors with retail accommodation on the ground and first floors and ancillary offices / staff / stores on the second floor. The main frontage and entrance is on Monson Road, but the property enjoys a significant return frontage to Calverley Road.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
7,131 SF
Building Class
C
Year Built
1850
Price
$1,305,186
Price Per SF
$183.03
Tenancy
Single
Building Height
3 Stories
Frontage
53’ on Calverley Rd
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Nearby Major Retailers
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64 Calverley Rd
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