Available
Tunbridge Wells – Bakery & Cafe
26-28 Camden Road, Tunbridge Wells, Kent TN1 2PTVirtual Freehold Retail Investment
Price
£500,000
Rent P.A.
£40,000
Yield
8.00%
Tenure
Leasehold
Lease Term
15 Years
Years Left on Lease
14y 4m
Area
1,407 SQ FT
VAT Applicable
Yes
Sector
Investment Consideration
- VAT is applicable to this property. Sale can be treated at TOGC.
- Comprises two retail units let to a single tenant t/a Bakery & Café
- Two car parking spaces are demised to the commercial tenant
- The tenant previously traded from a smaller nearby unit and relocated to the subject premises to accommodate business expansion.
- Tunbridge Wells Railway Station is located approx. 0.4 miles from the property and provides regular rail services to London (Charing Cross)
- The property is situated on prominent position opposite an entrance to Next which forms part of the Royal Victoria Place Shopping Centre.
Key Features
Tenure
Leasehold
VAT
VAT is Applicable
Property Description
Comprises two retail units let to a single tenant and operating as Bakery/Café. Two car parking spaces are demised to the commercial tenant. The units have been newly fitted in 2025 to a high standard and provides the following accommodation and dimensions:
Ground Floor: 130.7 sq m (1,407 sq ft)
Open plan seating, kitchen, storage, wc
Ground Floor: 130.7 sq m (1,407 sq ft)
Open plan seating, kitchen, storage, wc
Tenancy Description
The property is at present let to Halstead Bakery Ltd for a term of 15 years from 18th June 2025 at a current rent of £40,000 p.a. and the lease contains full repairing and insuring covenants. Rent review on 17.06.32 and 17.06.37 open market upward only. Tenant option to determine on 17.06.32 and 17.06.37 with min 6 months notice. Deposit held of £10,000 + VAT (£12,000).
Tenancies & Accommodation
Location Description
Royal Tunbridge Wells, previously just Tunbridge Wells, is a town in western Kent, England, 30 miles south-east of central London. Tunbridge Wells is at the hub of a series of roads, the primary ones being A26, A264 and A267. The A21 passes to the east of the town. The property is located on a prominent retail street amongst many independent traders including Royal Victoria Palace, Sports Direct, WH Smith, Next, O2, Tops Pizza and many more.
