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12 Magazine B, Ordnance Yard, Upnor Road, Lower Upnor, Rochester

£16,000.00 per annum exclusive / A new full repairing and insuring lease for a term to be agreed. Buildings insurance reimburseable by the tenant. The property is not elected for VAT and therefore VAT will be not payable on the rent and other charges due to the landlord.
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Amenities

  • 1,099 sq.ft. (102 m²)
  • Leasehold
  • Unique Business/Office Unit
  • Ground floor offices
  • First floor mezzanine
  • Kitchen
  • WCs
  • 2 allocated parking spaces
  • TO LET

Location

12 Magazine B, Ordnance Yard, Upnor Road, Lower Upnor, Rochester, ME2 4UY

Description

The unit is 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 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.

Business Rates

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

RV £10,500

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 £0

Further information on this matter is available at Business Link

Information

Location