No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Guide price£1,400,000
Added > 14 days

Property for sale

Mount Pleasant Road, Tunbridge Wells, Kent
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Property
7 bed
0 bath

Property description & features

  • Tenure: Freehold
  • Mixed Use Investment Opportunity
  • Freehold
  • 3x 2 Bedroom Flats
  • 1x 1 Bedroom Flats
  • Passing Rent - £88,020
  • Yield - 6.29%
FREEHOLD - Mixed Use Investment Opportunity

Retail - Mount Pleasant Road, Tunbridge Wells, TN1 1RL

A substantial, mixed use investment opportunity in the centre of Tunbridge Wells, just 0.1 miles from the Tunbridge Wells Railway Station.

The property comprises a retail unit currently let on a 15 year lease from 2020 by A.E Hobbs Pharmacy.

Residential - Mount Pleasant Road, Tunbridge Wells, TN1 1QY

3x 2 Bedroom Flats
1x 1 Bedroom Flats

The flats were constructed in 2012 and are all in a well presented condition. Outside the entrance to the flats is permit bay parking and within a short walk is a multi storey car park.

Figures -
Current Rent - £88,020
Yield - 6.29%
Rateable Value (Retail) - £29,750

Viewings -
Please contact Marc Johnson (Sales Manager) at KMJ Property to arrange any viewings or enquire.

Location - Royal Tunbridge Wells

Tunbridge Wells, a picturesque town nestled in the heart of the Kent countryside, exudes charm and elegance, making it an ideal location for commercial property investment. With its rich history dating back to the 17th century when its mineral springs attracted nobility and royalty, Tunbridge Wells boasts a unique blend of historic architecture and modern amenities.

The town centre is a bustling hub of activity, featuring an eclectic mix of shops, restaurants, and cafes, drawing in both locals and tourists alike. Its vibrant cultural scene, including theatres, art galleries, and music venues, contributes to its appeal as a dynamic business destination.

Tunbridge Wells benefits from excellent transport links, with easy access to London and other major towns via road and rail networks. Its proximity to Gatwick Airport further enhances its connectivity on a global scale.
Council tax band: Not Required

Property information from this agent

Places of interest

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    Family run Estate Agents in Tunbridge Wells with a personal and enthusiastic approach to selling your home. Specialising in your local area, wherever that may be. We combine the latest estate agency technology with good old fashioned personal service to assist us in selling your home for the best price.  Whether you are buying or selling your home we have up to date local knowledge of house prices and the housing market in your area, and we feel that we would be the best choice of Estate Agent to sell your home. So call us now if you need an Estate Agent in Tunbridge Wells, Rusthall, Southborough, Paddock Wood or anywhere around this area!!!!

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    *DISCLAIMER

    Property reference ZKMJProptub0003495977. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by KMJ Property - Tunbridge Wells.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.