01892 552 500 01892 552 500Location
Situated on Chapman Way just off North Farm Road, on The High Brooms Industrial Estate.
Tunbridge Wells town centre is about 2 miles south and access to the A21 is
within 1.5 miles via Longfield Road. Junction 5 of M25 is approximately 16
miles to the north.
There is a good rail link from High Brooms station, 0.3 miles distant, with frequent services to London, with a typical journey time of around 50 minutes.
Description
Broadly the property comprises a purpose-built terraced steel portal framed light industrial building. It appears the premises is in its original form as built, comprising a full height warehouse area and two offices, one on the ground and one on the first floor. To the front there are parking bays for 4 cars along with the area in front of the loading door. The eaves height is a minimum of 5 metres.
Floor Areas
Ground:
Overall :- Warehouse – 189 sq m (2035 sq ft) –( incl. ground floor office and stairwell / WC of 18.53 sq m [199 sq ft]).
First / Mezzanine: Office – 17.89 sq m (193 sq ft)
Total 206.89 sq m (2228 sq ft)
Occupational Tenancy
Tenant – Williams Trade Supplies Ltd.
Lease term – 10 years, from 12th May 2017 to 11th May 2027 on a full repairing basis.
Current Rent – £25,500 per annum, exclusive of all other outgoings.
Covenant Information
Williams Trade Supplies Ltd. are a trade only supplier of plumbing and heating equipment and products.
Accounts to November 2023 showed a turnover of approx. £126m, and a gross profit of over £29m. – source : www.gov.uk/government/organisations/companies-house
Tenure
Freehold – subject to the current occupational lease.
Guide Price
Offers in excess of £395,000. The purchase price will be subject to VAT.
