Industrial to let in Mark Lane, Gravesend DA12

Location
The property forms part of an established Industrial Estate located approximately 1.4 miles East of the Town Centre. The A2 is only approximately 3.3 miles to the South providing access to the National Motorway Network via junction 2 of the M25. Gravesend Train Station, provides a service to London (St Pancras) in approximately 24 minutes (Express).

The property
A fully concreted, fenced and gated yard with two entrances and mains services. The modular offices and unit are the property of the former tenant and may be removed.

Accommodation The approximate site area is:
Total 86,641 sq ft 8,057.6 sq m 2 acres 0.8ha
Half 43,320 sq ft 4,028.8 sq m 1 acres 0.4ha
Note: Specific requirements can be discussed at this stage

Tenure
To be let on a new full repairing and insuring lease for a term to be agreed subject to periodic upward only rent reviews. The lease will be contracted outside the renewal provisions of the Landlord & Tenant Act.

Figures
Entire Site £2.50psf £216,500 pax
Half site £3.00psf £130,000 pax
(Per annum exclusive) VAT is payable.
Note: Terms for different combinations on request.

Legal costs
Each party is to be responsible for the payment of their own legal costs incurred.

Service Charge
Not currently payable but the right to recover will be included in the lease.

Energy Performance Certificate
Not applicable.

Business Rates
The Rateable Value(2023) is £83,500.

Agent’s Note
All figures quoted are exclusive of VAT (if applicable)
No warranty is given in respect of the current planning use.
None of the amenities or fixtures and fittings have been tested.
These particulars are awaiting our client’s approval.

Enquiries/viewing
Strictly by prior arrangement with sole agents Branch Associates.
Contact Johnathan Branch