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Wednesday August 2 | 2017
OF TUNBRIDGE WELLS
Apartment sets new record for top end property in town centre By Jonathan Banks
Council moves to quell fears over INSIDE future of iconic department store WINNING WAYS
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Hoopers warn that theatre plan could put business at risk CORNERSTONE The popular flagship store
ANOTHER sign this week that the top end of the Tunbridge Wells property market is alive and well. It looks like a new record has been set with the marketing of a two-bedroom flat for just under ÂŁ1,000 per square foot. Commanding a guide price of ÂŁ750,000, the Castle House ground floor apartment on London Road has been designed by luxury developers Surrey-based Newcourt Residential, and brought to market by the national estate agents Savills.
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One surveyor, who did not wish to be named, said the listing at ÂŁ955 a square foot has âalmost certainly set a record for the townâ. By comparison, a flat of almost the exact same size in the recently built Royal Springs development just down the road next to The Forum, attracted a lot of attention at less than half the price. The average price for a flat per square foot in Tunbridge Wells is ÂŁ386, according to property website Zoopla. The buyer of the Castle House flat will get 785 square feet to stretch their legs in, but only have to walk a few yards to the railway station. There is also parking.
By Adam Hignett adam@timesoftunbridgewells.co.uk
THE borough council has pledged to find a âworkableâ solution with Hoopers after the department store warned that the current plans to build a theatre next door would threaten the viability of the business. In a strongly worded statement issued last week on the eve of a major council debate about the future of the ÂŁ72million Civic Complex project, the department store indicated that hundreds of jobs could be in jeopardy. Their concern hinges on the use of their
car park at the back of the store as an access route to the proposed venue, which Hoopers believes will adversely impact their customers and the wider business.
âIt would create an existential threat to the current operationâ In addition, they accuse the council of issuing a âthreatâ to place a Compulsory Purchase Order [CPO] on the customer car park to achieve this access, warning it would have a âdevastating effectâ on Hoopersâ ability to function effectively. A Hoopers spokesman said the top-end
retailer has been âinundatedâ with enquiries from customers, staff and members of the general public who are concerned about the theatreâs impact on the business. They added: âHoopers believes that if the councilâs planned access route comes to fruition, it would create an existential threat to the current operation and viability of an iconic independent retail business⌠[It will] affect not only the store in Tunbridge Wells but the operation of its three other stores in the group that rely upon services from this store. âThe group itself provides employment
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