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32 Riverside I, Sir Thomas Longley Road, Medway City Estate, Rochester

£500,000.00 for the Virtual Freehold / £500,000 for the virtual freehold interest (long leasehold expiring on 25th March 2983 - approx 961 yrs unexpired). The property is not elected for VAT and VAT will therefore not be payable on the purchase price. In accordance with HMRC Anti Money

Amenities

  • 4,672 sq.ft. (434 m²)
  • Freehold
  • Modern Warehouse/Industrial Unit
  • Attached Offices - 1st floor benefits from air conditioning
  • Electrically operated goods loading door
  • Separate personnel door to the side
  • 3 phase electricity
  • Mains services including 3 phase electricity
  • Mezzanine
  • Car parking

Location

32 Riverside I, Sir Thomas Longley Road, Medway City Estate, Rochester, ME2 4DP

Description

** UNDER OFFER ** The unit comprises a single storey light industrial/warehouse unit. Salient features:- Electrically operated goods door Separate personnel door High bay lighting to the warehouse 3 phase electricity 2 storey office section at the front 1st floor office benefitting from air conditioning, gas fired heating & suspended ceilings Car parking ** UNDER OFFER **

Business Rates

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

RV £23,750

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 (2020/21) 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 £11,851

Further information on this matter is available at Business Link