Within west malling town centre, kent available for sale.
Location The properties are situated in a prime position within West Malling town centre. Located closeby are several independent retail units, some medium sized business practices and a number of National Multiples including Boots and Tesco.
Description The space is arranged on the basement, ground, and two upper floors and has a wide outside pavement which may be suitable for a smaseating (subject to the grant of a Highway Licence). There is a reasonably priced car park located less than 100metres away and a large amount of on-street parking directly outside the premises.
Features The space is representative of the age of the building with a series of rooms across the floors they are generally regular in shape and would readily accept an incoming tenant’s fit-out full decoration is required. There is modern lighting and plenty of natural light through the large front display window. There are separate cloakrooms and a small kitchenette. The Arcade again is representative of the age of the building, the built envelope of the building is a largely regular rectangle which has been subdivided to form small kiosk units.
Measured Areas The premises have been measured to extend to approximatley 4,686.0 Sq Ft (435.3 Sq M).
98 High Street Ground Floor 1,248.6 Sq Ft 116.0 Sq M First 976.8 Sq Ft 90.75 Sq M Second 231.1 Sq Ft 21.47 Sq M Basement 329.5 Sq Ft 30.61 Sq M
The Abbey Arcade Ground Floor 1,900.0 Sq Ft 176.5 Sq M Total 4,686.0 Sq Ft 435.3 Sq M
Income & Tenancies The buildings are presently let on short term licences which are generally 3months in length and terminable upon 1months notice in writing. At present the gross income for the properties is in the region of £25,000 per annum (subject to change).
Town Planning and Alterations The lawful use of the buildings is class A1 of the Use Classes Order (As amended).This means that the premises can be used for retail operations. Planning consent has been granted under application reference number tm/19/00403/fl which permits change of use to A3/ A4 and C3 with no pre-commencement conditions for 98 High Street only. Other uses outside of the categories described above, may require consent to be granted by the Local Planning Authority which in this instance is Tonbridge and Malling Borough Council. For further discussion on this please contact our associated planning specialists, Howard Sharp and Partners, telephone or .
Rating 98 High Street is recorded on the 2017 Rating List as having a Rateable Value of £23,250, The Abbey Arcade is rated as separate hereditaments totalling at £13,300.
Price Offers in the region of £700,000 are sought for the freehold interest .
Legal costs Each party to bear their own legal costs. EPC
Aml Regulations In accordance with Government Regulations all prospective tenants will be required to provide satisfactory proof of identity and consent to a reference check via fcc Paragon.
Viewings: Strictly by appointment with Ibbett Mosely
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Guide Price: The “Guide Price” an indication of the seller’s minimum acceptable price at auction. The guide price can be shown in the form of a minimum and maximum price range, or as a single price figure. This is subject to change up to and including the day of the auction and will not necessarily be the final selling price at auction.
Reserve Price: The “Reserve Price” is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. This is normally set within the guide price range or within 10% of a single guide price. The reserve price is not disclosed and is subject to change up to and including the day of the auction.