New Road, Sheerness, Kent, ME12

Description:

Britannia House is a two storey office building which is currently made up of 13
individual suites ranging from 87 sq ft up to 502 sq ft which have the benefit of LED,
electric heating, carpets and data cabling. The suites are let under licence to multiple
tenants by way of a 12 month agreements The Licence is inclusive of rent, external
and common parts maintenance, cleaning, buildings insurance, fire alarm
maintenance, electric,water and refuse collection. Excluded is telephone/IT and
business rates. There is the potential to create parking to the front subject to planning.

Location:

The property is situated on New Road less than 1 mile south west of Sheerness town
centre, providing retails and other amenities. Sheerness railway station is within
walking distance providing services to London via Sittingbourne. Sheerness is
situated ont he isle of Sheppy accessed via the A229 with the M2 junction 5 within
10.5 miles and M20 junction 7 (Maidstone) within 16.5 miles to the south west.


Terms:

The property is currently 36% let with 4 tenants providing an income of circa £28,000
per annum with an ERV of £73,000. Further information upon request.
The property is available by way of freehold seeking offers in the region of £425,000 plus VAT.


Business Rates:
The suites are individually assessed with the tenant being responsible for paying the business rates direct to Shepway District Council. Further details available upon request.