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St. Ledger House112 London Road, Southborough, Tunbridge Wells
New
Sole agency
Leasehold
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).