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11 Magazine B, Ordnance Yard, Lower Upnor, Rochester

£16,250.00 per annum exclusive / A new full repairing and insuring lease for a term to be agreed. Rent is inclusive of electricity and water but excludes VAT and business rates. Buildings insurance reimburseable by the tenant.
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Amenities

  • 1,119 sq.ft. (104 m²)
  • Leasehold
  • Unique Business/Office Unit
  • WC facilities
  • 2 parking spaces
  • TO LET

Location

11 Magazine B, Ordnance Yard, Lower Upnor, Rochester, ME2 4UY

Description

** UNDER OFFER ** The unit is a Grade II Listed former Victorian brick built military sheds known as Magazine B with listed building consent and planning for conversion to B1 office use. The units as a whole have recently received considerable improvement works to the external part of the building which include new roofing, external painting, brickwork renovation, joinery renovation, laying of power cables, water pipes and Southern Water connection, BT ducting, foul water pipes and mains connection. Internally the unit has been converted to provide office/business space. ** UNDER OFFER **

Business Rates

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

RV £6,800

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

Information

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