Royal Victoria Place shopping centre - RVP
The Council owns the freehold of Royal Victoria Place shopping centre. In 2023 we bought the lease of the shopping centre to give us greater control over its future.
Owning the freehold and the lease gives the Council more opportunity to influence the economic development of Royal Tunbridge Wells town centre and the wider borough. In the long term there is significant added value for the Council in owning both the freehold and the lease; in the short to medium-term it is a commitment by the Council to the town centre and its future prosperity.
This is in line with the objectives of the Council’s Strategic Plan.
What is Royal Victoria Place?
Located in Royal Tunbridge Wells town centre, Royal Victoria Place is a multi-level, covered shopping centre with an attached car park. You can find more information about the centre’s wide range of shops, attractions, facilities, upcoming events, and leasing opportunities on the RVP website.
How does the Council manage Royal Victoria Place?
The Council’s Investment Property Manager oversees our appointed property manager, Knight Frank, and asset manager, RivingtonHark.
The Investment Property Manager reports regularly to councillors through the cross-party Investment Advisory Panel.
The annual business plan sets out the current business and operational goals for the centre. Read a summary of the 2026-27 Business Plan.
What is the Council delivering in the centre?
The Council acquired RVP with the goal of ensuring its long-term success, stabilising the centre, reducing the number of vacant units with a longer term aim of improving the retail and leisure offer in the town centre. Investing in its future is a key part of our Strategic Plan and the strategy for RVP is set out in the Business Plan 2026-27.
We want to improve the visitor experience, support and renew the parts of the centre that are doing best, and adapt and reimagine the parts that have struggled most. Find out what our investment is delivering for you .
Get in touch
Your comments are always welcome, write to the Council’s Property Investment team at RVP@TunbridgeWells.gov.uk.