Potential for future development, subject to obtaining any necessary consents
Generous car park
Passenger lift
Description:
Warren Court is a purpose built modern office development occupying a town centre position. It benefits from a passenger lift to upper floors, generous car parking and is located on Park Road which links the main A26 Tunbridge Wells Road to the High Street.
The premises comprise a series of office and business suites all of which are currently let. We are advised the tenants will all be completing new leases with an expiration date of 31 August 2029.
Schedule of tenancies:
Suite 1 – Ground floor rear – Overall 120.33 sq m (1,295 sq ft) – Arranged as office, kitchen and cloakroom. Let to Eylsium Limited
Suite 1a – Ground floor front – Overall 31.11 sq m (335 sq ft) – Arranged as office, kitchen and cloakroom – Let to MMG US Limited.
Suite 2 – First floor rear – Overall 84.79 sq m (931 sq ft) – Arranged as office and kitchen with shared cloakrooms – Let to MMG Publishing Ltd.
Suite 2a – First floor front – Overall 97.17 sq m (1,046 sq ft) – Arranged as office with shared cloakrooms – Let to WOPI Management Limited.
Suite 3 – Second floor – Overall 86.5 sq m (931 sq ft) – Arranged as office with shared cloakrooms – Let to Redshield Business Solutions Limited.
Externally there is a generous private car park to the front of the building with allocated spaces for tenants.
The leases are on normal “fully repairing and insuring” terms, with the tenant being responsible for all internal, external and structural repairs, together with internal and external decoration.
Total income currently £72,013.80pa,
Offered for sale freehold, subject to the above lettings. Offers sought in the region of £925,000 representing a return of 7.79% before purchasers costs.
Based on the postcode, Ofcom indicate that the fastest available broadband speed is:
Download1000Mb/s
Upload1000Mb/s
Note: This information is given as a guide only and without liability. Speeds are not guaranteed. The provision of a Broadband connection is not included in any property unless specifically stated. Applicants should verify available speeds with their chosen supplier.
