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47 St. Johns Rd 529 sq ft Retail Property Tunbridge Wells TN4 9TP £450,000 (£850.66/sq ft) 6.67% Net Initial Yield



INVESTMENT HIGHLIGHTS
- Ground floor commercial premises with self-contained maisonette above (first/second floors)
- Freehold
- Situated within a parade fronting the main A26 St Johns Road
EXECUTIVE SUMMARY
Ground Floor commercial premises currently operating as a sandwich shop with a self contained maisonette above. The maisonette benefits from gas fired central heating.
Royal Tunbridge Wells is an affluent and historic Spa town located approximately 35 miles south east of central London.
The property is located within the St Johns suburb of Tunbridge Wells approximately half a mile north of the town centre.
The property is situated within a parade fronting the main A26 St Johns Road and close to the John Street car park. The St Johns area is popular with independent and specialist retailers.
Royal Tunbridge Wells is an affluent and historic Spa town located approximately 35 miles south east of central London.
The property is located within the St Johns suburb of Tunbridge Wells approximately half a mile north of the town centre.
The property is situated within a parade fronting the main A26 St Johns Road and close to the John Street car park. The St Johns area is popular with independent and specialist retailers.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
529 sq ft
Costar Property Class
B
Year Built
1930
Price
£450,000
Price per sq ft
£850.66
Yield
6.67%
NOI
£30,000
Tenancy
Single
Number of Floors
3
Plot ratio
0.02
Total Plot Size
0.80 ac
AMENITIES
- Security System
- Signage
- Smoke Detector
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NEARBY MAJOR RETAILERS
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47 St. Johns Rd
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