1887 The Pantiles 6,027 SF 100% Leased Office Building Tunbridge Wells TN4 8HF £1,100,000 (£182.51/SF) 9% Net Initial Yield
INVESTMENT HIGHLIGHTS
- 10 Minute walk from Tunbridge Wells Train Station
- 127 High quality residential units on-site
- 500 Contract parking spaces within 100m
EXECUTIVE SUMMARY
1887 The Pantiles is an elegantly designed modern development. The investment opportunity includes four occupied ground floor units, three of which are retail plus one office space.
PROPERTY FACTS
Sale Type
Investment
Property Type
Tenure
Long Leasehold
Building Size
6,027 SF
Building Class
B
Year Built
2022
Price
£1,100,000
Price Per SF
£182.51
Net Initial Yield
9%
NOI
£99,000
Percent Leased
100%
Tenancy
Multiple
Number of Floors
4
Typical Floor Size
1,507 SF
Building FAR
0.08
Lot Size
1.76 AC
Parking
28 Spaces (4.65 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Route
- Controlled Access
- Raised Floor
- Security System
- Wheelchair Accessible
- Accent Lighting
- Storage Space
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Club Quantum Space Limited
- Accommodation and Food Services
-
99,999 SF
- -
-
Jan 0000
- Cradick Retail
- Real Estate
-
99,999 SF
- -
-
Jan 0000
- Gold Optical
- Health Care and Social Assistance
-
99,999 SF
- -
-
Jan 0000
- The Finance Hub
- Finance and Insurance
-
99,999 SF
- -
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Club Quantum Space Limited | Accommodation and Food Services | 99,999 SF | - | Jan 0000 | ||
| Cradick Retail | Real Estate | 99,999 SF | - | Jan 0000 | ||
| Gold Optical | Health Care and Social Assistance | 99,999 SF | - | Jan 0000 | ||
| The Finance Hub | Finance and Insurance | 99,999 SF | - | Jan 0000 |
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