The unit is the first on the Laser Quay Business Park just off Sir Thomas Longley Road. It is approximately a quarter of a mile from the central roundabout (with Whitewall Road/ Anthony’s Way/ Neptune Close) and one mile from the Tunnel roundabout (Anthony’s Way/Vanguard Way).
It has a direct connection with the M2 at Junction 1 via the Wainscott Bypass and Junction 2 via the Medway Tunnel and Medway towns Northern Bypass.
This modern end of terrace unit is constructed with a steel portal frame, having a glazed front elevation, brick and block flank and block party walls. The ground floor comprises a generally open area with a ceiling height of 9’9” (2.98 m), kitchen and two WC’s. There is separate access to a hall with stairs leading to the first floor. The full solid first floor is open plan with a headroom of 10’ 3” (3.10 m) rising to 14’6” (4.44 m) at the rear.
All measurements are gross internal and approximate.
Ground Floor: 1,167 sqft (108.40 sqm)
First Floor / Mezzanine: 1,150 sqft (106.82 sqm)
Total: 2,317 sqft (215.22 sqm)
A new lease for a term from 1st December 2011 to be agreed on tenants full repairing and insuring basis.
Buildings insurance premium for current year is £210 plus VAT
£14,500 per annum
ESTATE SERVICE CHARGE
Budget Service Charge to cover external common parts for year to 1st April 2014 is awaited. As guidance the Budget Service Charge for 2011-12 was: £875.60 plus VAT.
Tenant to be responsible for all service costs, such as electricity, gas, water, mains drainage and telecoms.
Description: Business Unit and Premises.
Rateable Value: £12,500
UBR in £ (2013-14): 46.2p
Rates Payable: £5,775.00
Applicants are recommended to speak with Medway Council (01634 332222) to establish the Business Rates Payable and whether they are eligible for any rate relief (such as the Small Business Multiplier).
Not payable on rent but payable on other charges.
Ingoing tenant to meet landlords legal costs.
Strictly by appointment through sole agents Michael Parkes Surveyors.