Summary

Property Type Office
Tenure For Sale
Size 31.11 to 120.33 sq m
Price £925,000
Rates Payable Upon Enquiry
EPC Rating This property has been graded as E
  • Modern town centre investment
  • Potential for future development, subject to obtaining any necessary consents
  • Generous car park
  • Passenger lift
  • Let until 2029

About

Warren Court is a purpose built modern office development occupying a town centre position. It benefits from a passenger lift to upper floors and generous private car parking.
Schedule of Tenancies:-
Suite 1 - Ground floor rear overall 120.33 sq m (1,295 sq ft) - arranged as office, kitchen and cloakroom. Let to Eylsium Limited.
Suite 1a - Ground floor front overall 31.11 sq m (335 sq ft) - arranged as office, kitchen and cloakroom. Let to MMG US Limited.
Suite 2 - First floor rear overall 84.79 sq m (931 sq ft) - arranged as office and kitchen with shared cloakrooms. Let to MMG Publishing Limited.
Suite 2a - First floor front - overall 97.17 sq m (1,046 sq ft) - arranged as office with shared cloakrooms. Let to WOPI Management Limited.
Suite 3 - Second floor - overall 86.5 sq m (931 sq ft) - arranged as office with shared cloakrooms. Let to Redshield Business Solutions Limited
Externally there is a generous private car park to the front of the building with allocated spaces for tenants. The leases are on normal 'fully repairing and insuring' terms to 2029 with the tenant being responsible for all internal, external and structural repairs, together with internal and external decoration. Total income currently £72,013.80pa.
Offered for sale freehold, subject to the above lettings. Offers sought in the region of £925,000 representing a return of 7.79% before purchasers costs.
Subject to obtaining any necessary consent and vacant possession it is considered the premises may be suitable for conversion.

Location

The premises are located on Park Road which links the main A26 Tunbridge Wells road to the High Street, in the centre of the town.

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Suites 1-3 Warren Court, Park Road - Warren Court 19.jpeg