Commercial Property in TN3 available for sale
1

Commercial Property for Sale near TN3, Tunbridge Wells

Explore the Latest TN3 Commercial Property for Sale

Commercial Properties for Sale Within 5 miles of the TN3, Tunbridge Wells

More details for 26-28 Camden Rd, Tunbridge Wells - Retail for Sale

26-28 Camden Rd

Tunbridge Wells, TN1 2PT

  • Retail for Sale
  • £500,000
  • 1,407 sq ft
  • 1 Unit Available
See More
More details for 11-13 Lonsdale Gdns, Tunbridge Wells - Office for Sale

Prospect House - 11-13 Lonsdale Gdns

Tunbridge Wells, TN1 1NU

  • Office for Sale
  • £325,000
  • 900 sq ft
  • 1 Unit Available
See More
More details for 76 Camden Rd, Tunbridge Wells - Retail for Sale

76 Camden Rd

Tunbridge Wells, TN1 2QP

  • Retail for Sale
  • £205,000
  • 760 sq ft
See More
More details for Lower Green Rd, Tunbridge Wells - Office for Sale

Shadwell House - Lower Green Rd

Tunbridge Wells, TN4 8TW

  • Office for Sale
  • £385,000
  • 2,189 sq ft
See More
More details for 30 Tunnel Rd, Tunbridge Wells - Light Industrial for Sale

The International Tile Store - 30 Tunnel Rd

Tunbridge Wells, TN1 2BT

  • Light Industrial for Sale
  • £650,000
  • 3,272 sq ft
See More
More details for 55-57 Grosvenor Rd, Tunbridge Wells - Retail for Sale

55-57 Grosvenor Rd

Tunbridge Wells, TN1 2AY

  • Retail for Sale
  • £190,000
  • 756 sq ft
See More
More details for 82-82A Victoria Rd, Tunbridge Wells - Retail for Sale

82-82A Victoria Rd

Tunbridge Wells, TN1 2PW

  • Retail for Sale
  • £650,000
  • 1,968 sq ft
  • Energy Performance: E
  • Security System

Tunbridge Wells Retail for Sale - Royal Tunbridge Wells

Investment Consideration: Gross Initial Yield: 5.60% Rental Income: £36,380 p.a. VAT is NOT applicable to this property Comprises ground floor shop with ancillary at basement (No.82) and a Japanese (sushi) restaurant with 2-bedroom flat at first floor (No.82A) No.82A let until April 2036. No breaks. Rent review every 3 years. Located within walking distance from Royal Victoria Palace Mall is within walking distance which hosts occupiers such as Boots, PureGym, O2, Ted Baker, Three, JD Sports, WHSmith and more. Property Description: Comprises corner retail shop with basement t/a gift shop and a restaurant at ground floor with self-contained 2-bedroom flat at first floor, providing the following accommodation and dimensions: No.82 Shop: 60 sq m (645 sq ft) Ground Floor: Open plan retail, Kitchenette Basement: Ancillary, WC No.82A Restaurant: 53 sq m (570 sq ft) Ground Floor: Seating Area, Kitchen, Storage, WC No.82A Flat: 70 sq m (753 sq ft) First Floor: 3 Rooms, Kitchen/Dining Room, Bathroom Tenancy: No.82A Restaurant and Flat are at present let to an Individual for a term of 21 years from 2nd April 2015 at a current rent of £29,380 p.a. and the lease contains full repairing and insuring covenants. Open market rent review on 2nd April 2024, 2027, 2030 and 2033. No breaks. Tenant paid premium of £42,999 upon commencement of the lease. No.82 is at present let to an Individual for a term of 10 years from 17th February 2023 at a current rent of £7,000 p.a. and the lease contains full repairing and insuring covenants. Rent review on 17.02.28 linked to RPI. Tenant option to determine on 17.02.28 with min. 6 months notice. Deposit held of £1,750 Location: Royal Tunbridge Wells, previously just Tunbridge Wells, is a town in western Kent, England, 30 miles south-east of central London. Tunbridge Wells is at the hub of a series of roads, the primary ones being A26, A264 and A267. The A21 passes to the east of the town. The property is located on a prominent retail street amongst many independent traders including takeaway restaurants, café shops, tattoo studio and bicycle shop. Royal Victoria Palace Mall is within walking distance which hosts occupiers such as Boots, PureGym, O2, Ted Baker, Three, JD Sports, WHSmith and many more.

Contact:

Blue Alpine Partners Ltd

Date on Market:

19/10/2022

Hide
See More

FAQs about Commercial Properties For Sale in TN3

See All Properties For Sale
How many Commercial Property listings are available for sale in TN3?
There are currently 1 Commercial Properties available for sale near TN3. These TN3 Commercial Property listings have an average size of. The largest available listing in TN3 is. The thriving commercial centre and excellent transport links in TN3 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in TN3?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in TN3 currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in TN3?
There is a diverse range of commercial properties available in TN3 to suit various business needs. TN3 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 1 TN3 commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the TN3, Tunbridge Wells

You searched for commercial property for sale in TN3. Explore 1 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

LoopNet - the worlds No. 1 commercial property marketplace.