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

£12,000.00 per annum exclusive / £99,000.00 for the Virtual Freehold / Available to let on a new full repairing and insuring lease for a term to be agreed or Alternatively the long leasehold interest is for sale for a term of 999 yrs from December 1987 (hence approx 960 yrs unexpired) at a peppercorn ground rent. In accord

Amenities

  • 1,255 sq.ft. (117 m²)
  • Leasehold / Freehold
  • 2 Storey Business Unit
  • Ground floor storage/production area
  • Fitted first floor offices
  • WC/kitchen area
  • 2 allocated parking spaces
  • Allocated car parking
  • FOR SALE (Virtual Freehold)

Location

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

Description

***UNDER OFFER*** A 2 storey business unit with elevations of brickwork beneath a pitched, tile clad roof. Windows are aluminium framed double glazed units. The property is designed to give maximum flexibility and can be used either entirely as offices or as offices at first floor with production/storage/offices on the ground floor. The property benefits from the following:- * Ground floor storage/production area * Fitted first floor offices with suspended ceiling, recessed lighting, gas fired heating to radiators and laminate flooring * WC/kitchen area * Allocated car parking ***UNDER OFFER***

Business Rates

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

RV £14,750

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 £0

Further information on this matter is available at Business Link