Landmark up for sale for second time in 250 years
Getty ImagesA historical landmark in Kent which attracts more than a million visitors a year has been put up for sale for the second time in 250 years.
The Pantiles in Tunbridge Wells was last sold in 2008 to its current owners, Targetfollow.
"This is one of the rarest offerings to reach the UK property market in a generation," the property company said.
Along with a Georgian arcade, more than 250 acres (101 hectares) of land, including the Tunbridge Wells and Rusthall Commons, is part of the listing, as well as the Lord of the Manor of Rusthall title, which dates to 1268.
The land, including the commons, was originally listed by Targetfollow at the beginning of 2026. Locals previously raised concerns about the future of the site.
The most recent listing states that The Pantiles, which is expected to attract two million visitors in 2026, spans more than 40,000 sq ft and includes 25 retail and restaurant units along with workspaces and flats.
Targetfollow said that there was a potential to refurbish up to 28 flats as part of the site.
It estimated that the estate produced income of more than £935,000 per year, potentially rising to more than £1m.
Hugh White, head of national capital markets at BNP Paribas Real Estate, which was selling the site on behalf of Targetfollow, said that chances to buy "assets of this scale, heritage and quality are incredibly scarce".
Shortly before the site was sold in 2008, there was an asking price of £10m.
Targetfollow has been approached for comment.
The Pantiles' history
In 1606, the Chalybeate Spring in The Pantiles was discovered and it was believed the iron-rich mineral spring water would cure some ailments, the property company said.
As a result, visitors came to the town for the water, including the Queen of Charles I, Henrietta Maria, according to the firm.
The colonnade was later built in 1682, and Edward VII granted Tunbridge Wells its Royal prefix in 1909 to honour his mother Victoria I's use of the spa.
