Dering Way, Gravesend

Warehouse For Sale, Long Leasehold (234 Years), Measuring 3,381 SqFt GIA, Potential to Split Into 2 Units, Use Within B1, B2 & B8, Parking for Multiple Vehicles

For Sale
£675,000 Plus VAT (leasehold)
VAT
This property is registered for VAT.
LEASEHOLD
250 years from and including 30 April 2009 (234 years remain).
SERVICE CHARGE
Previous year charges circa. £1,600 plus VAT per quarter.

LOCATION DESCRIPTION
Lion Business Park is situated in Gravesend East off the A226 Rochester Road. The A2 is 2.5 miles to the south with excellent links to the M25, London and the south.

PROPERTY DESCRIPTION
A rarely available, warehouse/workshop with a gross internal area of 314.09 SqM (3,381 SqFt). Multiple parking bays at either end of the unit and additional parking running along the side. The unit is currently used as an MOT centre. Units 4 & 8 were purchased together, from new, to be used as 1 unit. As they were initially designed to be 2 units, they benefit from 2 electricity supplies, and could easily be reinstated to 2 units if the new buyer required.
There is a roller shutter situated on Unit 4 and Unit 8 both measuring 3.95m wide and 6.27m high.

CURRENT BUSINESS RATES
The Valuation Office website shows a current rateable value of £31,000 per annum which normally means that between 40% to 50% of this figure is payable. Interested parties are advised to seek clarification from the local authority.

CURRENT CLASS OF BUSINESS USE
The permitted use as per the headlease is for any use falling in the B1, B2, and B8 use classes. For any further questions regarding use classes please contact the local authority, Gravesham Borough Council's, planning team