Location
This property is in a town centre position, opposite The Royal Victoria Place Shopping Mall in an area known as “The Camden Quarter,” which includes a wide range of independent retailers, restaurants, and bars, yet just a short walk away from the main ‘high street’ shopping areas of town.
Tunbridge Wells main line train station is a 10-minute walk (0.4 miles). There is easy access to public parking the closest being the multi storeys in Royal Victoria Place and Crescent Road.
Description
A distinctive corner building with floor ceiling glazed elevations currently operated as a spin, yoga, pilates and fitness studio.
The property has been subject to a comprehensive design led fit out to a high specification.
The property is arranged over three levels – ground, lower ground and first floor
Internally the space is predominately open plan with the basement area having the ability for self-contained access from the side doors onto Grover Street. The ground floor comprise a seating area and bar/server and the first floor comprises a large studio area with showers and WCs behind.
The building has a flat roof, and we are of the opinion there is potential for additional floors, subject to all the necessary consents.
Floor Areas
Ground Floor Retail / Reception Area – 695 sq ft (64.55 sq m)
Basement Spin Studio – 609 sq ft (56.59 sq m)
First Floor Studio – 762 sq ft (70.76 sq m)
Total Floor Area – 2066 sq ft (191.90 sq m)
Tenure
Freehold with vacant possession.
or new lease by arrangement.
Price
Guide – £400,000 – £425,000.
Rent
£35,000 per annum exclusive of all other outgoings.
Business Rates
The rateable value is £18,750. Interested parties are advised to contact Tunbridge Wells Borough Council directly – 01892 526121, to establish the rates payable for the year.