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7, 8, 9 & 10 Magazine B, Upnor Road, Lower Upnor, Rochester

£16,000 per annum exclusive / Annual rent: A new full repairing and insuring lease for a term to be agreed.

Amenities

  • from 1,184 sq.ft. (110 m²) to 1,304sq.ft. (121m²)
  • Leasehold
  • Unique Business/Office Units
  • TO LET

Location

7, 8, 9 & 10 Magazine B, Upnor Road, Lower Upnor, Rochester, ME2 4UY

Description

The units are 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 units will be converted to provide office/business space.

Business Rates

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

RV £0

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 (2013/14) is 47.1p/£.  Discounts and reliefs are available for qualifying small businesses occupying properties with rateable values below £18,000.

Subject to eligibility for all available reliefs, we estimate that in the current financial year,

Rates payable are £0

Please note, this figure does not reflect the additional temporary relief that is available to small businesses until 31st March 2014.  For properties with rateable values below £6,000, this may reduce the rates liability to as little as zero.

Further information on this matter is available at Business Link

Location