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Restaurant

£19,000

Chatham, Medway, Kent

AVAILABLE

Property FEATURES

  • £19,000 Per Annum Exclusive of VAT
  • 730 Sq Ft Retail Premisies
  • Benefitting From Chatham Quays Footfall of Circa 2.5 Million People Per Annum
  • Local catchment of 279,142 in less than 10 minutes drive with high projected growth
  • Medway has a 6% a year population growth
  • Population of 464,000 in the Medway/West Kent region
  • Located only a 5 minute drive from the historic town of Chatham, Pier 5 is easily accessible by means of road and public transport.
  • It's within easy reach of local areas by public transport, there are a wide range of parking options in and around Pier 5. Adjacent to the Medway Tunnel, providing easy access to the wider road network, including the A2, M2, M20 & M25.
  • The property comprises a ground floor commercial premises, most recently operating as Island Homes Estate Agents.
  • Total NIA - 730 Sq Ft
  • The premises are immediately available by way of a new full repairing and insuring lease for a term to be agreed by negotiation and subject to upward only rent reviews to market rent
  • £19,000 Per Annum Exclusive
  • Strictly by prior appointment through the Surveyors. Please contact Phil Hubbard e: phil.hubbard@sibleypares.co.uk or Thomas Langston e: thomas.langston@sibleypares.co.uk
  • Each side to bear its own legal and professional costs
  • RV £17,500 @ 49.9p in the £
  • Rates payable £8,732.50 for the year 2025/26
  • (May be eligible for small business rates relief, please enquire with local borough council for further information)
  • Unless otherwise stated, all rents/prices are quoted exclusive of Value Added Tax (VAT) which will be charged at the prevailing rate. Prospective occupiers should satisfy themselves as to any VAT payable in respect of any transaction.

Property DESCRIPTION

Description

To Let - Retail/office premises on popular Pier 5 shopping complex in Chatham.

Pier 5 provides 60,000 st ft / 5,574 sq m of commercial, retail and leisure space at Chatham Maritime next to the 350,000 sq ft complex of The Dockside Outlet Centre, Dickens World and Chatham Odeon Multiscreen. Pier 5 provides a mix of leisure operators and commercial space including Starbucks, Creams Ice Cream Parlour, Shepherd Neame's Pier 5 Bar & Kitchen, a 16,000 sq ft True Gym and 18,000 sq ft Chimera Climbing Centre.

Located only a 5 minute drive from the historic town of Chatham, Pier 5 is easily accessible by means of road and public transport.
It's within easy reach of local areas by public transport, there are a wide range of parking options in and around Pier 5. Adjacent to the Medway Tunnel, providing easy access to the wider road network, including the A2, M2, M20 & M25.

Accommodation

The property comprises a ground floor commercial premises, most recently operating as Island Homes Estate Agents.

Total NIA - 730 Sq Ft

The premises are immediately available by way of a new full repairing and insuring lease for a term to be agreed by negotiation and subject to upward only rent reviews to market rent

£19,000 Per Annum Exclusive

Benefitting From Chatham Quays Footfall of Circa 2.5 Million People Per Annum

Local catchment of 279,142 in less than 10 minutes drive with high projected growth

Medway has a 6% a year population growth

Population of 464,000 in the Medway/West Kent region

Viewing

Strictly by prior appointment through the Surveyors. Please contact Phil Hubbard e: phil.hubbard@sibleypares.co.uk or Thomas Langston e: thomas.langston@sibleypares.co.uk

Property LOCATION

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