TN1 48-52 Calverley Road, Tunbridge Wells

An attractive freehold bank investment, let to Bank of Scotland, with secured income for 3 years!

The Property is arranged on ground and two upper floors. Bank of Scotland also occupy the two adjacent units at 50 & 52 Calverley Road which do not form part of the property to be sold.

The property is let to Bank of Scotland Plc (t/a Halifax), which has recently been renewed for a 3 year term at a rebased rent of £50,000 pa. The Bank of Scotland also occupy the two adjacent units at 50 & 52 Calverley Road which do not form part of the property to be sold. The new lease is from 29th September 2025.

The tenant has a rent free period expiring 29.12.2025, the vendor will "top-up" the rent free period from completion to the expiry of the rent free period such that the purchaser in effect receives £50,000 p.a. from completion.

Let to Halifax

New 3 year lease

Prominent pedestrianised town centre position

Opposite Marks and Spencer and diagonally opposite the new Primark store which is due to open shortly

VAT is NOT applicable

Six Week Completion Available

Royal Tunbridge Wells is an attractive and prosperous commuter town located in the heart of Kent, 9 miles south of Sevenoaks and 15 miles south-west of Maidstone.

The town benefits from very good communications being situated adjacent to the A26 and A21 dual carriageways, providing a direct link to the M25 orbital motorway (11 miles to the north). The M2 and M20 motorways are also easily reached, thus giving convenient access to the Channel ports

Tunbridge Wells Railway Station which is located 640m from the property provides regular rail services to London (Charing Cross).

The property is situated on the south side of Calverley Road, close to its junctions with Newton Road and Monson Road.

Occupiers close by include Clarks, Betfred, Waterstones, Mark & Spencer, The Works, Hobbs, Superdrug, Vision Express, EE and Nationwide. Primark will be opening in Tunbridge Wells at Royal Victoria Place Shopping Centre, at the site BHS used to occupy which is diagonally opposite

Let to Halifax

New 3 year lease

Pedestrianised position

Opposite Marks & Spencer

Opposite the new Primark

VAT not applicable