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 87sq ft up to 502 sq ft, accessed via a key coded front door system. Each suite has the benefit of LED lighting, electric heating, carpets, data cabling. The suites are let under licence to multiple tenants by way of 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 potential to create parking to the front subject to planning.





Terms:

The property is available by way of freehold seeking offers in the region of £350,000 plus VAT. The property currently is 34% let with 4 tenants providing an income of circa £28,000 per annum with an ERV of £55,000 per annum. Further information available upon request.



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.