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Just added
Auction
Freehold
Guide price
£1,350,000
Retail premises for sale
Calverley Road, Tunbridge Wells TN1Local area information
Property location
Nearby amenities
- The Wells Free School 0.3 miles
- St James' Church of England Junior School 0.3 miles
- Tunbridge Wells 0.3 miles
- High Brooms 1.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Tunbridge Wells to find out more about the local area.
Features and description
- Freehold
Guide Price = £1,350,000+
**For Sale By Public Auction 2nd July 2025 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Substantial Commercial Investment Let to Bank of Scotland Plc Currently Producing £195,000 Per Annum Reducing to £115,000 Per Annum from 29th September 2025.
Tenure
Long Leasehold/Virtual Freehold. The property is held on a new 999 year lease.
Location
The property occupies a prominent position on a pedestrianised road within a popular retail area. Nearby multiples include Card Factory, Boots Opticians, Marks & Spencer and Waterstone's. The open spaces of Calberley Grounds are within easy reach. Transport links are provided by Tunbridge Wells rail station.
Description
The property comprises a lower ground and ground floor double fronted retail unit measuring approximately 316 sq m (3,400 sq ft) forming part of a mid terrace building arranged over lower ground, ground and two upper floors.
Accommodation
Lower Ground Floor
Ancillary Space
gia 59 sq m (634 sq ft)
Ground Floor
Retail Unit
gia 200 sq m (2,154 sq ft)
Tenancy
The property is subject to a new lease to Bank of Scotland Plc (t/a Halifax) for a term of 3 years commencing April 2025 at a rent of £195,000 per annum until 29th September 2025. The rent will then be £115,000 for the remainder of the term.
Note
The seller has advised that the property has been trading as a Halifax bank for over 35 years.
Further Information
The first and second floors including the freehold are being offered as a separate lot on July 3rd but is available for purchase prior to auction.
VAT
VAT is applicable (togc available)
Open To View During Normal Business Hours
**For Sale By Public Auction 2nd July 2025 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Substantial Commercial Investment Let to Bank of Scotland Plc Currently Producing £195,000 Per Annum Reducing to £115,000 Per Annum from 29th September 2025.
Tenure
Long Leasehold/Virtual Freehold. The property is held on a new 999 year lease.
Location
The property occupies a prominent position on a pedestrianised road within a popular retail area. Nearby multiples include Card Factory, Boots Opticians, Marks & Spencer and Waterstone's. The open spaces of Calberley Grounds are within easy reach. Transport links are provided by Tunbridge Wells rail station.
Description
The property comprises a lower ground and ground floor double fronted retail unit measuring approximately 316 sq m (3,400 sq ft) forming part of a mid terrace building arranged over lower ground, ground and two upper floors.
Accommodation
Lower Ground Floor
Ancillary Space
gia 59 sq m (634 sq ft)
Ground Floor
Retail Unit
gia 200 sq m (2,154 sq ft)
Tenancy
The property is subject to a new lease to Bank of Scotland Plc (t/a Halifax) for a term of 3 years commencing April 2025 at a rent of £195,000 per annum until 29th September 2025. The rent will then be £115,000 for the remainder of the term.
Note
The seller has advised that the property has been trading as a Halifax bank for over 35 years.
Further Information
The first and second floors including the freehold are being offered as a separate lot on July 3rd but is available for purchase prior to auction.
VAT
VAT is applicable (togc available)
Open To View During Normal Business Hours
More information
Listed by
Auction House London
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