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Office

£30,000

Gillingham, Medway, Kent

AVAILABLE

Property FEATURES

  • Modern class 'E' office premises with CAT 8 cabling
  • Excellent travel communications
  • Available by way of assignment of existing lease
  • Ample on-site parking available
  • Victory Pier is situated on the banks of the River Medway in Kent. The retail premises form part of this award winning waterside development that consists of approximately 841 residential units. Gillingham Train Station is in close proximity, just under 1 mile from the development. The development is situated beside ASDA supermarket and Premier Inn Hotel. Other notable retailers within the development include Tesco, Subway and Dominos.
  • The property comprises a well-fitted out office/retail premises around Gillingham Pier, benefitting from a kitchenette, male/female WC facilities plus ample on-site parking.
  • The unit provides the following approximate net internal areas:
  • Office - 262.45 sq m (2,825 sq ft)
  • Kitchenette - 4.74 sq m (51 sq ft)
  • Total - 267.20 sq m (2,876 sq ft)
  • Assignment of existing 10 year lease beginning on 9th August 2022, lease expiring 8th August 2032, there is an upwards only rent review and mutual break clause on the 5th anniversary of the lease. The Landlord may consider granting a new lease, subject to terms offered.
  • Passing rent - £30,000 per annum exclusive of VAT
  • Strictly by prior appointment through the Surveyors. Please contact Thomas Langston e: thomas.langston@sibleypares.co.uk or Phil Hubbard e: phil.hubbard@sibleypares.co.uk
  • Each side to bear its own legal and professional costs
  • RV £29,750 @ 49.9p in the £
  • Rates payable £14,845 for the year 2025/26
  • Unless otherwise stated, all rents and prices are quoted exclusive of Value Added Tax (VAT). Prospective occupiers and purchasers should satisfy themselves independently as to any VAT payable in respect of any transaction.

Property DESCRIPTION

Ground floor office premises available by way of assignment of existing lease, the Landlord may consider granting a new lease, subject to terms offered.

Victory Pier is situated on the banks of the River Medway in Kent. The retail premises form part of this award winning waterside development that consists of approximately 841 residential units. Gillingham Train Station is in close proximity, just under 1 mile from the development. The development is situated beside ASDA supermarket and Premier Inn Hotel. Other notable retailers within the development include Tesco, Subway and Dominos.

The property comprises a well-fitted out office/retail premises around Gillingham Pier, benefitting from a kitchenette, male/female WC facilities plus ample on-site parking.
The unit provides the following approximate net internal areas:

Office - 262.45 sq m (2,825 sq ft)
Kitchenette - 4.74 sq m (51 sq ft)

Total - 267.20 sq m (2,876 sq ft)

Assignment of existing 10 year lease beginning on 9th August 2022, lease expiring 8th August 2032, there is an upwards only rent review and mutual break clause on the 5th anniversary of the lease. The Landlord may consider granting a new lease, subject to terms offered.

Passing rent - £30,000 per annum exclusive of VAT

Modern class 'E' office premises with CAT 8 cabling

Excellent travel communications

Available by way of assignment of existing lease

Ample on-site parking available

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