Rare freehold in Royal Tunbridge Wells comes to market

Rare freehold in Royal Tunbridge Wells comes to market

The London & South East office of specialist licensed property agents Sidney Phillips is proud to announce we have been instructed to market for sale a rare freehold opportunity in in the heart of the historic and desirable Tunbridge Wells.

No.7 (formerly known as the Gin & Harvey Co.) is situated in the affluent and desirable Kent commuter town of Royal Tunbridge Wells, which boasts a population in the region of 56,500 residents and is an important business and tourist hub.

The premises is situated along Chapel Place, at the bottom of the old high street, a charming and boutique parade of independent retailers, a stone's throw from The Pantiles, a popular Georgian colonnade housing bars, restaurants, boutique stores and the Chalybeate Spring, a natural spa which brought the town to fame.

No.7 Chapel Place occupies a ground floor and basement A1 retail unit understood to have been built in 1903, recently refurbished throughout and presented to a very high standard. The property boats a ground floor retail area as well as a basement function room accessed by a feature spiral staircase which is often rented out for private events.

The premises is known as a popular 'bottle house' business, a unique offering in the area appealing not only to the affluent residents but also tourists visiting the area seeking to purchase local wines and spirits.

Robert Cockayne, of Sidney Phillips, who is handling the sale, commented: “No.7 would suit a hands-on owner/operator who could continue to serve local produce very much in the way that has proved successful with the current set up. Alternatively, the business would suit a supplier seeking to create a unique outlet for their own stock with the added potential to introduce a drink-in offering onsite.”

"Alternatively the property would also suit a range of other business styles that fall within the A1 class usage.”

The freehold interest of No.7 Chapel Place being marketed off an asking price of £495,000.

For further information about this business for sale and other businesses for sale, please contact Sidney Phillips on 01892 725900, by email (southeast@sidneyphillips.co.uk) or click here for more detail.

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