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Brackettsest.1828 RETAIL /LEISURE INVESTMENT OPPORTUNITY FREEHOLD FOR SALE est.1828 49 HIGH STREET bracketts BOROUGH GREEN, KENT TN15 8BT RETAIL /LEISURE INVESTMENT OPPORTUNITY FREEHOLD FOR SALE Approx. 2,882 SQFT (267.89 SQM) 49 HIGH STREET BOROUGH GREEN KENT TN15 8BT brackettsest.1828 132 High Street Tonbridge Kent TN9 1BB Tel: (01732) 350503 Fax: (01732) 359754 E-mail: [email protected] www.bracketts.co.uk Also at 27-29 High Street, Tunbridge Wells, Kent Tel: (01892) 533733 LOCATION Lease details COMMERCIAL EPCS Borough Green is a large village situated in West Kent, Occupier: Robin Hood Pub Basement 49 High Street – Rated G with a score of in the Tonbridge and Malling district. The village is well Term: 5 years from February 2019 151 situated on the A25 Road, connecting the towns of Rent: £22,000 per annum Maidstone and Sevenoaks. Ground Floor 49 High Street – C with a score of 53 UPPER PARTS The premises are situated in the High Street, Borough POSSESSION Green close to the town’s shops and within walking The upper parts comprise 3 flats which have been distance of the main line station. sold off on long leases. There is on street parking to Possession will be granted upon completion of legal the front of the building. formalities. DESCRIPTION It is understood the flat leases are 99-years with LEGAL COSTS 49A High Street – Lower Ground Floor terms commencing 1998 (approx. 79 years Restaurant remaining). Each flat currently pays a ground rent of Each party to bear their own costs. £100 per annum. Comprising a separate lower ground floor and VIEWING basement fitted out as a restaurant and set within a FLOOR AREAS substantial and prominent building of traditional red Strictly by appointment through sole agents brick and rendered construction beneath a riled roof. The units have the following approx. gross internal floor Bracketts – 01732 350503. The premises are currently vacant. areas: The restaurant is primarily open plan. There are a Contact: number of kitchen items that may be included with Jeffrey Moys the letting/sale subject to terms agreed. The building Email: [email protected] is connected to gas, electricity, water and drainage (not tested). John Giblin Email: [email protected] Lease details FREEHOLD SALE 01732 378996 June 2019 Occupier: Yasmin Indian Restaurant We are instructed to seek offers in the order of nd Term: 5 years from 2 October 2018 £320,000 exclusive, for the freehold interest, subject Rent: £10,000 per annum to contract. Important Notice: 49 High Street – Ground Floor Bar/ Café This reflects an attractive net initial yield of 9.66% Bracketts, their clients and any joint agents give notice that they have no authority to make or give any representations or warranties in relation to based on purchasers costs of 3.52% Comrpises a large open plan bar premises with male and the property. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. The female WCs and ancillary storage areas to the rear. BUSINESS RATES text, photographs and plans are for guidance only and are not necessarily comprehensive. Any areas, measurements or distances are approximate. It should not be assumed that the property has necessary planning, building Lower Ground – Rateable value of £16,750 regulation or other consents and Bracketts have not tested any services equipment or facilities. Purchasers must satisfy themselves by inspection or Ground Floor – Rateable value of £9,350 otherwise. Prices, rents or any other charges are exclusive of VAT unless stated to the contrary. .
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