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10 Riverside Estate, Sir Thomas Longley Road, Medway City Estate, Rochester

£39,500.00 per annum exclusive / The property is available of a new lease for a term to be agreed. We are advised the property is elected for VAT and therefore VAT will be payable.

Amenities

  • 3,338 sq.ft. (310 m²)
  • Leasehold
  • Industrial/Warehouse Unit
  • Access via an electrically operated up & over shutter door
  • Maximum eaves height approx. 5 metres
  • First floor office
  • Mezzanine
  • Surfaced forecourt area to the front providing car parking & goods vehicle access
  • TO LET

Location

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

Description

The property comprises a mid-terraced warehouse/industrial unit built in approximately 1988 of steel framed construction with mono-pitched roof. Salient features are as follows:- * Access via an electrically operated up & over shutter door * Maximum eaves height approx. 5 metres * First floor office * Separate male & female WCs * Mezzanine * Surfaced forecourt area to the front providing car parking & goods vehicle access

Business Rates

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

RV £26,750

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 (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 £13,348

Further information on this matter is available at Business Link