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4 Medway Distribution Centre, Courteney Road, Gillingham

£90,976.00 per annum exclusive / Assignment of the existing lease expiring on 12/11/2026 at the passing rental of £90,976 per annum. A new lease may be available for a term of 10 years with a break at year 5 for a market rental to be agreed. We are advised the property is elected fo
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Amenities

  • 11,020 sq.ft. (1,024 m²)
  • Leasehold
  • Trade/warehouse unit
  • Loading access to the front via 2 dock levellers (ramp ensures ground level access)
  • Personal door to the front
  • Eaves height is approx. 6 metres
  • Insulated roof & rooflights
  • Office on the ground floor
  • WC facilities
  • Kitchen & staff area on the first floor
  • Car parking and goods loading area

Location

4 Medway Distribution Centre, Courteney Road, Gillingham, ME8 0RT

Description

The unit comprises one bay of a 6 bay purpose built distribution facility. Salient features:- * Loading access to the front via 2 dock levellers (ramp ensures ground level access) * Personal door to the front * Eaves height is approx. 6 metres * Insulated roof & rooflights * Office on the ground floor * WC facilities * Kitchen & staff area on the first floor * Car parking and goods loading area

Business Rates

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

RV £92,500

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 £50,505

Further information on this matter is available at Business Link

Information

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