Location: This unit is situated on the western side of Military Road within close proximity to the entrance to the Pentagon Shopping Centre, the High Street and the Bus Station, therefore being in an excellent position in the town. Occupiers close by are a mixture of banks, estate agents, Post Office and some nationals with smaller independents and coffee shops scattered in between. There are numerous residential schemes coming to the area including Whiffens Avenue, Mountbatten House and Chatham Waterfront which will enhance the vibrancy and footfall of the Town Centre.
Currently trading as a vape store, this lock up shop has an open plan retail area on the ground floor, with a kitchen and WC on the half landing. The basement has a large stockroom to the front and a private office to the rear. The unit would suit various uses from any retail or office use, subject to the necessary planning consents.
Rent: £15,000 per annum exclusive of rates and service charge.
Lease: A new lease on terms to be agreed.
Rent Deposit: Our client will require a rent deposit equivalent to one quarters rent.
Planning: Shop use. Tenant to make their own enquiries to check the relevant Class Use.
Rateable Value: The RV for the premises is £12,250. Enquiries should be made directly to Medway Council Business Rates Department for the rates payable figure/small business rate relief (if applicable).
Legal Costs: Each party to be responsible for their own legal costs.