72, 72a and 72b Camden Road, Tunbridge Wells, Kent, TN1 2QP

  • Conditional Online Auction Sale
  • Guide Price* : £320,000 Plus Fees

For Sale by conditional auction on Belvoir - Tunbridge Wells

  • Mixed Use
  • Ground Floor Commercial Vacant
  • Residential Currently Tenanted
  • 2 x One Bedroom Flats

Property Description

For Sale by conditional auction on Belvoir - Tunbridge Wells

Mixed Use - Two Flats and Ground Floor Retail

Royal Tunbridge Wells is an affluent spa town consistently named as one of the best and happiest places to live. With a fantastic range of independent, state and grammar schools, the town is popular with families. The extended A21 provides fast links to the rest of Kent and easy access to the M25 plus there is a frequent direct train service to London in under an hour.
The premises are situated on Camden Road with a mix of independent shops and well-regarded restaurants. The nearby Royal Victoria Place indoor shopping centre has recently been purchased by British Land who are expected to attract more big names to the centre.
A2 Ground Floor Retail including small kitchen and W/C approx 55sqm plus basement/store – not measured
Flat 72A (46 sqm) to rear of property comprises open plan kitchen/living area together with a separate bedroom and a bathroom. Decorated in neutral colours.
Flat 72B (44 sqm) to first floor comprises a living room and separate kitchen together with a double bedroom and a shower room.
Tenure: Freehold
Commercial element vacant possession
Flat 72A – subject to 6 month AST from 2nd June 2018 at rent of £675 pcm
Flat 72B – subject to 6 month AST from 20th July 2018 at rent of £675 pcm
Business Rates/Council Tax:
Per the VOA website, the commercial element has a Rateable Value of £9500 – the standard
The multiplier for 2018/19 is 49.3 pence and the Small Business Rates multiplier is 48.0 pence.
Small Business Rates Relief applies where rateable value is below £12,000
Flat 72A & B – council tax band B

See Legal Pack

Conditions of Sale

The Conditions of Sale will be available online at least seven days prior to sale ending and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the end of the auction.

*Start Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest.

Viewing Details

By arrangement with the auctioneer 0345 319 2162 or can be booked online www.sdlauctions.co.uk/online-auctions

Energy Performance Certificates

EPCs can be viewed in full on our website www.sdlauctions.co.uk on the sales details page or in the legal pack.

Conditional Online Auction Procedure

Every online bidder on SDL Auctions must first create an account at www.sdlauctions.co.uk/online-auctions. This is a very quick and simple process. In order to bid, you will need to be authorised for money laundering purposes, this will be carried out at the registration stage. This check will leave a soft footprint on your credit report (but it should not affect your credit rating). The registration process also requires card details to be entered, however the card will not be processed unless you are the successful bidder.

Once you have registered, you will be able to search, download legal documents, arrange site viewings and contact the Auctioneers and the solicitors if you have queries on the property.

If you are the successful bidder, at the end of the specified time period, you’ll enter into a reservation agreement with the seller and have 56 days within which to exchange and complete. If you fail to do so, you may lose your reservation fee. During the 56 day reservation period, the seller is not able to accept other offers.

The sale of each Lot is subject to a reservation fee of 4.8% Inc VAT or 4.2% Inc VAT in London, subject to a minimum of £6,000 Inc VAT. The reservation fee does not contribute towards the purchase price.

We will automatically charge you a minimum fee of £6,000, unless stated otherwise above (using the payment details provided at the registration stage) if you are the successful bidder, as payment towards a reservation fee. Where applicable, you will be required to pay any outstanding amounts of the reservation fee immediately after the end of the auction, which can be paid by debit card or bank transfer. This will be specified in the reservation contract.

By placing a bid, you are authorising the auctioneer to sign the reservation agreement on your behalf.

Full terms and conditions are available at www.sdlauctions.co.uk/online-auctions

Joint Agent

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Sold for £320,000

This auction lot is now closed.

Auction Ended

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Joint Agent

For viewings please contact:
Belvoir - Tunbridge Wells

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