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

£125,000.00 for the Virtual Freehold / 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 accordance with HMRC Anti Money Laundering legislation, we are obliged to undertake full identity verificati
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Amenities

  • 1,258 sq.ft. (117 m²)
  • Freehold
  • Double loading door and personal door
  • Ground floor office / workshop area
  • First floor offices
  • WCs and kitchen area
  • Parking outside the unit

Location

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

Description

The property comprises a modern 2 storey business unit. Salient features are as follows:- * Access via double glazed personal door * Ground floor office/workshop area accessed via a double loading door * First floor offices * Suspended ceilings with recessed light to first floor * Gas fired heating to radiators to first floor * Fully carpeted to first floor * WCs and kitchen area * Parking spaces immediately outside the unit * Use of overflow car park directly opposite the development

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 £5,841

Further information on this matter is available at Business Link

Information

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