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under offer 
96 London Road, Southborough, Tunbridge Wells, Kent, TN4 0PW
On the Instructions of the Law of Property Act Receivers Mixed commercial/residential investment ERV £72,500pa (gross)
£800,000
about this property
Description
Double fronted investment building arranged as HMO and commercial/retail unit. Potential gross income circa £72,500pa when fully let.
Situation
The property is situated opposite the newly developed Civic Centre Square. Southborough lies immediately to the North of Tunbridge Wells on the A26.
HMO
Licenced HMO on part ground, first and second floors with separate street entrance in Western Road producing £62,400pa gross. The property has an uptodate HMO Licence, which expires November 2022.
The rent is fully inclusive of council tax, gas & electricity, cleaning of common areas, use of all kitchen equipment.
Basement
There is a small basement area 5m x 6m (not full head height). Separate access door to side of building.
Retail Unit (96a - VACANT POSSESSION)
Stripped out unit extending to 37.77sq.m.
Main front area - 20.12sq.m. (Zone A)
Rear room/kitchen - 17.65sq.m. ( Zone B)
We are of the opinion that the estimated rental value of the shop unit is circa £10,000pa but interested parties to rely on their own investigations.
Rents & Tenancies
Available upon request
