3 Beaufort House, Medway City Estate

  • £73,500
  • Type:
  • Location:
  • Area : 104.3 /ft2
  • Parking : Yes
  • Floors : 2

3 Beaufort House, Beaufort Court, Sir Thomas Longley Road, Medway City Estate, Rochester, Kent. ME2 4FB 

SOLD

 

 

DESCRIPTION.

Both a lift and stairs provide access to the first floor offices. The suite comprises a main open plan office with two offices off and a kitchenette.
It has a suspended ceiling with recessed fluorescent lighting and is carpeted.
There are 2 car parking spaces allocated to the office, plus shared visitors parking.

ACCOMMODATION.

Measurements are net internal and approximate:‐

Offices: 1,122 Sq.ft (104.3 Sq.m) Kitchenette.

SERVICES.

There is mains electricity, water and drainage.

PLANNING.

The most recent use to which the unit was occupied was as offices.
Prospective occupiers should make their own enquires of the local planning authority to establish whether their proposed use is permitted.

SERVICE CHARGE.

12.3% of the costs of Beaufort House budgeted to be £2,712 for 2012

1.3% of the costs of Beaufort Court budgeted to be Total budgeted:

£456 for 2012 £3,168

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BUSINESS RATES.

Description: Rateable Value: UBR in £ 2013‐14: Rates Payable:

Offices and Premises.
£5,600
46.2P
Potentially nil as most occupiers will qualify for 100% relief.

The tenant will be responsible for meeting the Business Rates, so what will you need to pay?

If the Rateable Value is less than £18,000 then relief may be applicable upon receipt of a valid application by Medway Council on 01634 306000. (We recommend that you do not use the automated Business Rates Helpline on 01634 332222 ).

The criteria for relief are as follows:‐
“Rateable Value of Property: Amount of Small Business Rate Relief:
£1 to £5,999: 50% relief and a lower non domestic multiplier 46.2p in £ (2013‐14).

 

SALE TERMS.

The building is available on a long lease (virtual freehold) for 999 years from 25th December 1989 at a ground rent of one peppercorn per annum.

PRICE.

£73,500 (£65.50 per sq.ft)

LEGAL COSTS.

Each party to meet their own.

LEASE TERMS.

A new lease for a term to be agreed on tenants full repairing and insuring terms.

RENT.

£5,650 per annum (£5.03 per sq.ft)

LEGAL COSTS.

Ingoing tenant to meet both parties legal costs.

VAT.

VAT is payable in addition to the sale price or rent.

VIEWING.

Strictly by appointment through sole agents Michael Parkes Surveyors.
Tel: 01634 294994
Email: info@michaelparkes.co.uk Web: www.michaelparkes.co.uk Contact: Jeremy Wilton

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