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13-15 Grosvenor Rd 3,674 sq ft Retail Property Tunbridge Wells TN1 2AH £500,000 (£136.09/sq ft) 9.03% Net Initial Yield



INVESTMENT HIGHLIGHTS
- Comprising a double fronted shop and four flats sold off on long leases
- Affluent town centre location
- Shop let on a 15 year lease to German Doner Kebab (GDK)(2)
EXECUTIVE SUMMARY
Lot 18 was available for sale at an Allsop online auction that was held on Tuesday 4th of November 2025.
The property comprises an investment user opportunity for sale.
The asking price is £500,000, representing a gross initial yield of 9.03%.
The property comprises an investment user opportunity for sale.
The asking price is £500,000, representing a gross initial yield of 9.03%.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
3,674 sq ft
Costar Property Class
B
Year Built
1980
Price
£500,000
Price per sq ft
£136.09
Yield
9.03%
NOI
£45,150
Tenancy
Single
Number of Floors
4
Plot ratio
1.41
Total Plot Size
0.06 ac
Frontage
40 ft on Grosvenor St
AMENITIES
- Security System
- Signage
- Storage Space
- Smoke Detector
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NEARBY MAJOR RETAILERS
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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13-15 Grosvenor Rd
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