Retail premises to let in St. Georges Centre, Gravesend, Kent DA11

Retail unit in gravesend's largest shopping centre. Sales Area 1,372 sq ft. Stock Room: 648 sq ft. Service Lobby. Service Lift. Kitchenette. WCs. E Category Use. EPC: Tba

Full Description

Rent
£1,666 per calendar month (£20,000 per annum) plus VAT

Location description

The St Georges Shopping Centre is Gravesend’s largest and prime shopping centre with neighbours to Unit 24 including Timpsons, Boots and Sports Direct,

Property description

Ground Floor
Shop Sales Area: 127.49 sq m (1,372 sq ft) with a 7.76m (25.46 ft) frontage.
Stock Room: 60.19 sq m (648 sq ft) with access to service lobby and service lift immediately adjacent to upper service deck.
Kitchenette
WCs

Current business use

The current class of business use is an E Category Use. Interested parties are advised to make their own enquiries with the local authority.

Current business rates

Figures from the Valuation Office show a current rateable value of £20,250 per annum as at 1st April 2023 which normally means an amount payable of between 40%-50% of this figure. Please check with the relevant local authority which is Gravesham Borough Council. You as a tenant may qualify to apply for small business rates relief meaning you could pay nothing or a proportion of this payable amount.

Additional charges

In addition to the rent the following are also charged:
Service Charge: £10,977 per annum
Building Insurance: £809 per annum