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63 Riverside, Sir Thomas Longley Road, Medway City Estate, Rochester

£249,500.00 for the Virtual Freehold / £249,500 for the long leasehold interest (980 years from June 1989 at peppercorn ground rent, if demanded). We are advised the property is not elected for VAT. In accordance with HMRC Anti Money Laundering legislation, we are obliged to undertake full

Amenities

  • 2,685 sq.ft. (249 m²)
  • Freehold
  • 2 Storey Business Unit
  • Suitable as offices or a mix of offices/production/storage
  • Suspended ceilings with recessed lighting
  • Gas fired heating to radiators
  • Carpeted throughout
  • Kitchen area
  • WCs to both ground & first floors
  • IT installation as fitted
  • Allocated car parking

Location

63 Riverside, Sir Thomas Longley Road, Medway City Estate, Rochester, ME2 4BH

Description

A modern, purpose built 2 storey business unit with brick elevations beneath a pitched roof. Windows are aluminium framed double glazed units. Designed to give maximum flexibility, the unit can be used either entirely as offices or as a mix of office, production & storage. The vendors have fitted the premises out entirely as office and they now benefit from the following:- * Suspended ceilings with recessed lighting * Gas fired heating to radiators * Carpeted throughouot * Kitchen area * WCs to both ground & first floor * IT installation as fitted * Allocated car parking

Business Rates

The rateable value figure below has been provided to us by the Valuation Office Agency

RV £28,500

Please note, the RV is NOT the actual rates payable. Rates payable are calculated by reference to the National Non-Domestic Rating (NNDR) multiplier which is set annually by Central Government. The current NNDR (2022/23) is 51.4p/£. 

Discounts and reliefs are available for qualifying small businesses occupying properties with rateable values below £15,000, reducing liabilities to £zero for properties with RVs below £12,000

Subject to eligibility for all available reliefs, we estimate that in the current financial year,

Rates payable are £14,222

Further information on this matter is available at Business Link