FREEHOLD INVESTMENT SALE

50, High Street, Tenterden, Ashford, TN30 6AR

www.sibleypares.co.uk 01622 673086 [email protected]

50, High Street, Tenterden, Ashford, Kent, TN30 6AR 6AR Description

FREEHOLD INVESTMENT SALE

Prime High Street Location

Location

The property is located in the centre of the High Street of Tenterden, a successful market town in the hear of the Kentish , approximately 20 miles south east of Tunbridge Wells, 19 miles south of an 12.5 miles south west of Ashford. The town provides a wide range of amenities including Waitrose and supermarkets and a good mix of multiple and local retailers. Other multiple occupiers include Laura Ashley, Monsoon, Mint Velvet, Phase Eight

and Crew. There is a good selection of , restaurants and cafes including Costa Coffee, Caffe Nero, Prezzo and Café Rouge throughout the length of the High Street.

 Prime High Street Location

 Let to William Charles Hairdressing Limited

until 24th July 2019

 Passing Rent £30,000 per annum

 Price: £510,000

50, High Street, Tenterden, Ashford, Kent TN30 6AR

Accommodation Terms The property is a former Jail House, constructed around 1875 and is situated almost adjacent to the church. The Tenancy - the entire property is let to William Charles property has return frontage from the High Street to Church Road and is very visible from the western end of the Hairdressing Limited with Guarantors Paul Bull and Richard High Street. The property is currently let to a single tenant but the staircase to the first floor is adjacent to the Hammond. It is let on a 15 year lease from 25th July 2004, High Street door making it very easy to become self-contained if upstairs were to be converted to a flat (subject expiring 24th July 2019. The current passing rent is £30,000

to the existing tenancy and obtaining the necessary consents). The property is very well fitted out as a hair salon per annum. ad the accommodation is comprised as follows: Rateable Value Frontage 8.64 (28 ft 5'') RV £18,250 @ 46.6p in the £

Return 4.06 (13ft 5'') Rates payable £8,504 for the year 2017/18 Depth 6.94m (22 ft 9'') Price Ground Floor Retail 48.16 sq m (518 sq ft) We are instructed by our client to seek offers in the region of £510,000 (five hundred and ten thousand First Floor Retail 53.77 sq m (579 sq ft) pounds). Total 101.93 sq m (1,097 sq ft)

VAT We are advised that the property is not elected for VAT

Legal Costs Each side to bear its own legal and professional costs

EPC Awaited Viewing/Enquiries Strictly by appointment with the Surveyor please contact Phil Hubbard E:[email protected]

NOTE: Rental, prices or any other charges are inclusive of VAT unless otherwise stated. MISREPRESENTATION ACT 1967. These particulars are believed to correct, their accuracy cannot be guaranteed and are expressly excluded from any other contract. Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. No fittings, appliances or services mentioned have been tested by Sibley Pares

1 Ashford Road, Maidstone, Kent, ME14 5BJ Maidstone (01622) 673086 Ashford (01233) 629281 Partners: Sarah Raggett, BSc (Hons) MRICS Phillip Hubbard, BA (Hons) MRICS Mark Presland, BSc MA MRICS Consultants: David Pares, MRICS Brian Matthews, MRICS CBuildE MCABE Sibley Pares Chartered Surveyors is a trading name of Sibley Pares LLP Registered in and Wales No: OC400776. Registered office as above. VAT Reg No: 218 5130 30.