Lot 36

OUTSTANDING COMMERCIAL OPPORTUNITY FOR INVESTMENT AND DEVELOPMENT

5 Chapman Way, Tunbridge Wells, Kent, TN2 3EF
FEBRUARY AUCTION

A substantial detached commercial premises providing extensive accommodation over two floors extending in total to circa 1,486 sq.m (16,000 sq.ft) and standing on a site of 0.32 hectares (0.81 acres).

The premises are located in Chapman Way's Commercial Estate situated approximately two miles from the A21 Pembury bypass, via the recent commercial developments in Longfield Road, within two miles of the town centre and close to High Broom's mainline railway station. The building now offers potential for refurbishment or development by sub-division, subject to all necessary consents being obtainable.

In addition, Planning Permission has been granted by Tunbridge Wells Borough Council, under ref: 18/03191/OUT, dated 17th December 2018, for a new light industrial building with part mezzanine floor and associated parking at the rear of the site, subject to conditions. A copy of the Planning Consent and proposed plans will be available to download from the Clive Emson website, the Local Planning Authority website or inspection at the Auctioneer’s Office.

Site Measurements

The site extends to 0.33 hectares (0.81 acres).

Accommodation

Floor areas as shown on the Business Rates Valuation

Ground Floor

Workshop - 690 sq.m (7,430 sq.ft).
Office - 83 sq.m (893 sq.ft).

First Floor

Mezzanine storage - 320 sq.m (3,444 sq.ft)

Business Rates

Business rateable value £61,925.

Separate First Floor Unit

Office areas - 377 sq.m (4,058 sq.ft).

Business Rates

Business rateable value - £30,922.

Outside

A substantial hard service area to rear providing extensive car parking and storage facilities.

Freehold with Vacant Possession

Important

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.

* Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).

We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to cliveemson.co.uk/buyers-fees/