THE LOUNGE (FORMALLY THE GEORGE HOTEL) 29 MOUNT EPHRAIM TUNBRIDGE WELLS KENT TN4 8AA Public House with Development Potential • A4 Consent with continued use as pub, restaurant or cafe. • Potential for conversion to residential or commercial (STP). • Prominent town centre location. • Car Park, large out building and trade patio areas. Offers invited on either a freehold or on a free of tie leasehold basis. WWW.G-AM.CO.UK GREENSAND ASSET MANAGEMENT LUCKHURST EAST SUTTON KENT ME17 3DT. TEL 01622 809131 MARK RAWSON MRICS Notice. Greensand Asset Management for themselves and the vendor of the property whose agents they are give notice these particulars do not form part of any offer or contract. They are intended to give a fair description of the property but neither Greensand Asset Management nor the vendor accept responsibility for any error they may contain however caused. Any intending purchaser must therefore satisfy himself by inspection or otherwise as to their correctness. Neither Greensand Asset Management nor any of their employees has any authority to make or give any further representation or warranty in relation to this property. LOCATION Tunbridge Wells (Population 54,000) is situated in west Kent about 40 miles (by road) south east of central London. The town came into being as a spa in the Georgian era. Today the town is a major commercial centre serving west Kent and Sussex. AXA PPP is a major employer in the town with a workforce of approx 2,500. The property is situated at the junction of Mount Ephraim and Culverden Street. It is opposite the entrance to Berkeley Homes, Royal Wells development of the 11 acre former hospital site. This is a mixed use scheme of over 200 homes, a school and office space to be occupied by the law firm Cripps Harris Hall. DESCRIPTION The property dates from the 1830’s - it is a brick built three storey property under a slate roof. The centre bay is curved and projects from the frontage. The property has until recently traded as a bar and late night venue. It has recently become available as the tenants elected not to renew their lease. Second Floor Attic 2 rooms at the rear of the building Basement Ladies and Gents toilets Storage and Cellars Exterior Car Parking Trade garden and terrace. Former Stable Block The building is of brick construction under a pitched tiled roof, consists of a ground floor divided into four rooms including a small kitchen and toilet areas. There is also a 1st floor attic area although headroom is restricted. The Property has the following approximate dimensions: Frontage 51’ (15.54 m) Depth 19’6” (5.94 m) The site has an area of 7585 sq ft (704 sq m) SERVICES ACCOMMODATION Ground Floor Lounge Bar with servery Trade Kitchen Access to Garden at rear First Floor Living Room 3 bedrooms Kitchen (Private) Bathroom Second Floor 2 Bedrooms The property is connected to all mains services. Purchasers are advised to make their own enquiries with the relevant statutory authorities to ensure availability and sufficient capacity at the site in order to service any proposed development. PLANNING The property is Listed Grade II and is in a conservation area. GDO Permitted Development Rights allows change of use to A1 (retail) A2 (financial services or A3 (restaurant) without need for planning consent for change of use. Applicants are advised to discuss their proposals with Tunbridge Wells Borough Council Planning Department (01892 526121) Applicants should indicate intended use and set out details of funding, all due diligence and site surveys that will need to be undertaken prior to exchange of contracts or completion of a lease. The vendor reserves the right not to accept the highest or any bid made for the site. VAT will be chargeable on the purchase price. No trade is sold or warranted. EPC RATING LICENSING The property has a Premises Licence with the following permitted opening hours: Sunday to Wednesday 12.00 to 01.30. Thursday to Saturday 12.00 to 03.30 This will be available shortly. FURTHER INFORMATION/VIEWING Please contact Mark Rawson of Greensand Asset Management, the sole selling agents on 07802-394670 or [email protected] LOCAL TAXATION The public house has a NAV of £42,250. The workshop has a NAV of £5,500. The domestic accommodation is in Council Tax Band B. BASIS OF SALE/LETTING Our Client is inviting offers for the freehold on an unconditional basis although they will also consider rental offers for a new commercial lease on a free of tie basis. In terms of rental offers please indicate whether you wish the outbuilding to be included in the letting. If the outbuilding is not required our Client will rent this separately subject to reserving access and one car parking space for the use of the workshop occupier. We now have our own page on Facebook ®. Become a fan of Greensand Asset Management to view new properties and get the latest news. We will also be sending regular updates to all our fans on Facebook so join us today to make sure you don't miss out. The above measurements are provided for guidance only and no reliance should be placed upon them when making any purchase offer either expressly or impliedly. The successful bidder will be offered the opportunity to undertake a measured survey of the property prior to exchange of contracts to enable him to satisfy himself of the precise measurements.
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