Tunbridge Wells, Tunbridge Wells, United Kingdom
FREEHOLD - Mixed Use Investment Opportunity
Retail - Mount Pleasant Road, Tunbridge Wells, TN1 1RL
A substantial, mixed use investment opportunity in the centre of Tunbridge Wells, just 0.1 miles from the Tunbridge Wells Railway Station.
The property comprises a retail unit currently let on a 15 year lease from 2020 by A.E Hobbs Pharmacy.
Residential - Mount Pleasant Road, Tunbridge Wells, TN1 1QY
3x 2 Bedroom Flats
1x 1 Bedroom Flats
The flats were constructed in 2012 and are all in a well presented condition. Outside the entrance to the flats is permit bay parking and within a short walk is a multi storey car park.
Figures -
Current Rent - £88,020
Yield - 6.29%
Rateable Value (Retail) - £29,750
Viewings -
Please contact Marc Johnson (Sales Manager) at KMJ Property to arrange any viewings or enquire.
Location - Royal Tunbridge Wells
Tunbridge Wells, a picturesque town nestled in the heart of the Kent countryside, exudes charm and elegance, making it an ideal location for commercial property investment. With its rich history dating back to the 17th century when its mineral springs attracted nobility and royalty, Tunbridge Wells boasts a unique blend of historic architecture and modern amenities.
The town centre is a bustling hub of activity, featuring an eclectic mix of shops, restaurants, and cafes, drawing in both locals and tourists alike. Its vibrant cultural scene, including theatres, art galleries, and music venues, contributes to its appeal as a dynamic business destination.
Tunbridge Wells benefits from excellent transport links, with easy access to London and other major towns via road and rail networks. Its proximity to Gatwick Airport further enhances its connectivity on a global scale.
Council tax band: Not Required
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TAX BAND | % | TAXABLE SUM | TAX |
---|---|---|---|
Less than £300k | 0 (2/5)* | £0 | £0 |
£300k - £500k | 5 | £0 | £0 |
£500k - £925k | 5 | £0 | £0 |
£925 - £1.5m | 10 | £0 | £0 |
Over £1.5m | 12 | £0 | £0 |
Effective Rate | 0.00% |
TAX BAND | % | TAXABLE SUM | TAX |
---|---|---|---|
Less than £500k | 3 | £0 | £0 |
£500k - £925k | 8 | £0 | £0 |
£925k - £1.5m | 13 | £0 | £0 |
Over £1.5m | 15 | £0 | £0 |
Effective Rate | 0.00% |
Your stamp duty:
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