£695,000

Restaurant for sale

  1. Property photo 1 of 5.
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£695,000

(£401.27/sq. ft)

Restaurant for sale

Avebury Avenue, Tonbridge TN9

1,732 sq. ft

Local area information

Property location

Nearby amenities

  • Tonbridge 0.1 miles
  • Slade Primary School and Attached Unit for Children with Hearing Impairment 0.4 miles
  • Sussex Road Community Primary School 0.4 miles
  • Hildenborough 2.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Tonbridge to find out more about the local area.

Features and description

Investment Consideration:
Gross Initial Yield: 7.25%
Rental Income: £50,400 p.a.
VAT is not applicable to this property
Comprises ground floor restaurant and 3-bed self-contained flat at first and second floor
Flat newly refurbished to a high standard. Restaurant benefits from 3-phase electric supply
Situated in the town centre within a short walk from Tonbridge Train Station and Sainsbury`s Superstore, with occupiers nearby including Londis, Domino`s Pizza, Pharmacy, Tonbridge Library, Restaurants, Beauty Salon and more.

Property Description:
Three-storey mixed use property comprising ground floor restaurant and self-contained 3-bed flat at first and second floor, providing the following accommodation and dimensions:
Ground Floor: 79 sq m (850 sq ft)
Open plan restaurant, storage, kitchen, wc
First Floor: 41 sq m (441 sq ft)
Kitchen, living room, wc
Second Floor: 41 sq m (441 sq ft)
3 bedrooms
Total gia: 161 sq m (1,732 sq ft)

Tenancy:
The entire property is at present let to an Individual for a term of 15 Years from 16th July 2025 at a current rent of £50,400 p.a. And the lease contains full repairing and insuring covenants. Rent review every 5 years linked to rpi. No breaks. Deposit held of £12,600.

Location:
Tonbridge is a thriving market town with a resident population of approximately 40,000. The town offers an excellent range of retail and leisure facilities with many High Street stores, banks and building societies, together with a selection of coffee shops, restaurants and local pubs. It boasts a fine example of a 'Motte and Bailey' castle built in the 13th century, set on the banks of the river Medway. The property is situated in the town centre within a short walk from Tonbridge Train Station and Sainsbury`s Superstore, with occupiers nearby including Londis, Domino`s Pizza, Pharmacy, Tonbridge Library, Restaurants and more.

Floor plans and tours

Floor plans (2)

Floor plan 1
Floor plan 2

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Blue Alpine Partners. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Blue Alpine Partners for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Kent
  4. Tonbridge
  5. Avebury Avenue