Lower Green Road, Tunbridge Wells, Kent, TN4

For sale via secure sale online bidding - terms and conditions apply.

An excellent opportunity to acquire Shadwell House, a well-presented and generously proportioned two-storey commercial building extending to approximately 2,188 sq ft (203 sq m), complemented by a private car park offering valuable off-street parking.

Situated in a convenient and accessible location, the property is currently occupied by a long-standing tenant whose lease has expired. The tenant is keen to remain and has expressed willingness to enter into a new 10-year lease. However, the vendor, due to personal circumstances, is not in a position to commit to a new term and is offering the property with vacant possession.

To facilitate this, a buyout arrangement has been agreed with the tenant for the sum of £44,000, equivalent to two years’ council tax (£22,000 per annum). This cost is in addition to the purchase price and would enable a clean break should the buyer wish to occupy or re-let.

Please note we have not inspected this property.

Location

Situated in a convenient and accessible location. Located close to Rusthall town centre with many local amenties close by.

Accommodation

Ground Floor – Approx. 99 sq m / 1,062 sq ft

Office: 6.23m x 5.34m (20'5" x 17'6")
Office: 4.55m x 2.78m (14'11" x 9'1")
Office: 4.52m x 3.63m (14'10" x 11'11")
Office: 3.21m x 7.71m (10'6" x 25'4")
Kitchen: 1.66m x 2.19m (5'5" x 7'2")
WC: 1.70m x 1.15m (5'7" x 3'9")
Multiple hallways and entrances
First Floor – Approx. 105 sq m / 1,127 sq ft

Office: 6.65m x 5.53m (21'10" x 18'2")
Office: 3.99m x 4.32m (13'1" x 14'2")
Office: 3.17m x 4.74m (10'5" x 15'7")
Office: 3.91m x 5.86m (10'6" x 19'3")
Office: 3.94m x 3.58m (12'11" x 11'9")
Kitchenette: 1.43m x 1.80m (4'8" x 5'11")
Two WCs
Landing areas

Tenure

Freehold. Title number K608837

Ratebale value

The adopted rateable value is £22,500 as of 1 April 2023. Sourced from VOA.

EPC

Available upon request ( Rating E )

Additional information

For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.

Auctioneers Additional Comments

Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.