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Westwood Press Trade Unit, Margate Road, Broadstairs

£80,000.00 per annum exclusive / £1,100,000.00 for the Freehold / The unit is available to let on a new lease for terms to be agreed on full repairing and insuring basis. Alternatively, consideration may be given to a sale with terms to be agreed.
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Amenities

  • 6,432 sq.ft. (598 m²)
  • Leasehold / Freehold
  • Self-contained site with detached premises
  • Retail front and separate loading door
  • Three phase power and gas supply
  • Largely open plan accommodation
  • Parking to the front of the premises for approx 10 vehicles

Location

Westwood Press Trade Unit, Margate Road, Broadstairs, CT10 2PR

Description

The property comprises a detached principally two bay light industrial/production unit. Salient features are as follows: * Detached premises * Self-contained site * Prominent to Margate Road * Retail front and separate loading door * Previously occupied by tile showroom * Three phase power * Gas supply * Largely open plan accommodation * Kitchen * Adjacent occupiers include: Halfords, Euro Car Parts, Burger King, Aldi, Smyths and Dunelm * Parking to the front of the premises for approx 10 vehicles

Business Rates

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

RV £73,500

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 £35,280

Further information on this matter is available at Business Link

Information

Location