From
£290,000
Property for saleNevill Street, Tunbridge Wells TN2
EPC Rating: G
About this property
Ground floor Healthcare Investment
Trading as Kims Clinic
Let for a term of 15 years from 29th October 2024
Currently producing £32,500 per annum with 13 years unexpired
Rent rising to £37,500 per annum on 29/10/2026
999 year lease from 10/06/2005
Benefits from a recent comprehensive tenant fit out
By order of the Fixed Charge Receivers
Gross Initial Yield of 11.2% on Guide
Auction Sale - 29/09/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
Long leasehold Healthcare Investment trading as Kims Clinic
Currently producing £32,500 per annum rising to £37,500 in October 2026
Gross Initial Yield of 11% on Guide
Location
Situated to the west side of Neville Street, close to the junction with Market Street.
Centrally located, just to the rear of the main retail centre.
Tunbridge Wells is a popular and affluent commuter town, approximately 36 miles south east of London.
Communications are excellent with Tunbridge Wells Station within half a mile. The A26 provides access to the M25/M26.
Transport
Tunbridge Wells Station - National Rail
Tenancy
Let to Kims Hospital Limited on a 15 year lease from 29/10/2024 at an initial rent £13,750, rising to £32,500 per annum on 29/10/2025 and £37,500 from 29/10/2026. Rent reviews are then at the fifth anniversary thereafter.
Kims Hospitals Limited reported a turn over for the year ending 2024 of £49.4m.
Mortgage calculator
£1,450 per month
70+ lenders and 10,000+ products
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}