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7 & 8 Riverside I, Sir Thomas Longley Road, Medway City Estate, Rochester

£33,000.00 - £33,000.00 per annum exclusive / The property is available by way of assignment of the existing lease, expiring 7th September 2027 at a passing rent of £33,000 per annum exclusive. (Landlord may direct towards a sub letting, subject to covenant. Rent to be agreed). We understand that

Amenities

  • 3,358 sq.ft. (312 m²)
  • Leasehold
  • Two adjoining warehouse/light industrial units
  • Electrically operated goods loading doors
  • Separate personnel doors
  • Mains services including 3 phase electricity
  • WC facilities
  • Ground floor office and first floor storage area to Unit 8
  • Allocated car parking
  • TO LET

Location

7 & 8 Riverside I, Sir Thomas Longley Road, Medway City Estate, Rochester, ME2 4DP

Description

** UNDER OFFER ** The premises comprise two adjoining warehouse/light industrial units of steel framed construction with profiled metal sheeting to the roof & rear elevations. Salient features as follows:- * Electrically operated goods loading doors * Separate personal doors * Mains services including 3 phase electricity * WC facilities * Ground floor office and first floor storage area to Unit 8 * Allocated car parking ** UNDER OFFER **

Business Rates

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

RV £31,500

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 £15,719

Further information on this matter is available at Business Link