St. Ledger House, 112 London Road, Southborough, Tunbridge Wells | Property for sale | Savills
Guide price £135,000(€160,682)

St. Ledger House112 London Road, Southborough, Tunbridge Wells

  • New
  • Sole agency
  • Leasehold
Investment
Yield 13%Yield

Key features

  • New 15 year lease from January 2022, expiring January 2037 (subject to option)
  • Atman clinic founded in 1994
  • Let to tenant trading as Atman Clinic
  • Nearby occupiers Costcutter, Tesco Express, Papa Johns and independent shops.

Virtual Freehold Healthcare Investment Investment let at £17,000 pa (12.59% GIY on Guide Price)

About this property

  • The property comprises a ground and basement floor osteopathy clinic which forms part of a larger building not included in the sale.

Additional information

  • Tenure
  • Leasehold. 999 years from 01/01/2014 at a peppercorn rent.
  • Tenancy
  • Let to tenant trading as Atman Clinic for 15 years from 04/01/2022 until 03/01/2037 at a rent of £17,000 pa. The lease is subject to a break clause in January 2027. There are rent reviews in January 2027 and January 2032.
  • The Atman Clinic was established in 1994 by Geoffrey Montague-Smith D.O. as a centre of excellence for Osteopathy (www.atmanclinic.co.uk).