TypeRetail Investments
TenureFor sale
The property comprises a prominent period corner building arranged over ground and lower ground floors.
The ground floor is occupied by The Market House, an established food and beverage operator, while the lower ground floor comprises The Vault, a licensed events and entertainment venue forming an integral part of the tenants wider business.
The accommodation is to be sold by way of a long leasehold interest, subject to a new occupational lease to Eden Tonbridge Limited, trading as The Market House.
Attractive town centre commercial investment
Prominent ground and lower ground floor accommodation
A new lease producing £50,000 per annum
New 20-year lease with tenant-only break at year 10
Offering secure long-term income and asset management potential
The property occupies a prominent position on the northern end of Tonbridge High Street, approximately 0.4 miles from Tonbridge mainline railway station. The surrounding area comprises a diverse mix of national and independent occupiers including bars, restaurants, estate agents and professional service businesses.
Tonbridge is an affluent and thriving market town with a resident population of approximately 40,000. The property enjoys an attractive setting opposite Tonbridge Castle, a historic motte-and-bailey castle situated on the banks of the River Medway.
Tonbridge mainline station provides regular services to London Cannon Street, London Bridge and Charing Cross, with journey times of approximately 35 to 50 minutes.
The town also benefits from excellent road communications, with access to the M20 and M25 motorways via the nearby A21 and A26.
The property is situated within a designated Conservation Area.