King Street, Gravesend, Kent

A 5 Storey Commercial Unit to Let In a Prominent Location, Option for Ground Floor and Basement to be Separated From Upper Floors. Measuring a Total 10,179 SqFt.

FOR LEASE
£40,000 per annum

LOCATION DESCRIPTION
30 King Street is situated in the heart of Gravesend town centre at the top of New Road, Gravesend's main shopping parade. This is a pedestrian area between the hours of 10am and 8pm with vehicular access available outside of these hours. Surrounded by neighbours such as Starbucks, Kent Reliance, Primark, McDonald's, and Costa Coffee. It’s just 0.1 miles from Gravesend Station, with its high-speed link to London St Pancras, with a journey time of approximately 23 minutes.
There are various car parks around the town including the St. Georges Centre, the Thamesgate Centre and Parrock Street open air car park. The River Thames is just along the High Street.

PROPERTY DESCRIPTION
Built in 1889 in the late Victorian era this imposing corner building is one of the most iconic in Gravesend Town Centre. The property is visible from Windmill Street, King Street, New Road and High Street

GROUND FLOOR - 1,457 SqFt
Retail space - 776 SqFt
Cashier areas - 210 SqFt
Office space - 396 SqFt
Hallway
Stairs to basement.
Service lift to basement

BASEMENT - 1,471 SqFt
The basement has a number of storage rooms and mechanical rooms for the lift and service lift. A large safe room with security door.

LEASE TERMS
The property is to be offered on a long lease on a FR&I basis

BUSINESS RATES
Figures from the Valuation Office show a current rateable value of £58,500 as at January 2025 for both 29 and 30 King Street combined. This normally means an amount payable of between 40%-50% of this figure. You will need to check the correct rateable value with the relevant local authority which is Gravesham Council.
Due to the property being split, the ingoing tenant will need to get the property re assessed by the VOA

VAT
This property is not elected for VAT

CURRENT CLASS OF BUSINESS USE
We believe the current use class to be ‘E’. Interested parties are advised to seek clarification of permitted use from the local authority.