Retail premises to let in The Bay, Vigo, Kent DA13

This ground-floor lockup shop is located in a prime location, nestled in the heart of Vigo Village in a shopping parade that is the lifeblood of the community. Not only is the shop surrounded by an array of convenient amenities such as a pharmacy, convenience store, takeaway and nail bar, but it is also within close proximity to the village hall and offers free parking nearby for customers. The property is perfectly positioned for those who desire easy access to London, the M25, and the south, as the M26 motorway is just a quick 3.8-mile drive away. Vigo is an established residential area, with this shopping parade being the vibrant hub of activity that brings residents together.
This shop is ready to be transformed and boasts of 57.04 sqm (613 sqft) of prime retail space, a functional kitchenette, and a WC, providing a blank canvas for the next business owner to make it their own!

Rent
£958.34 per calendar month (£11,500 Per Annum)

Location description

Situated in the heart of Vigo Village in a shopping parade, close to the village hall. With free parking nearby for customers. Neighbouring shops include, a pharmacy, convenience store, takeaway and nail bar. The M26 is 3.8 miles away with links to London, the M25 and the south. Vigo is an established residential area with this parade as the main community shopping area.

Property description

A ground floor lockup shop with roller shutters to the front and a small courtyard to the rear.

Ground floor

Shop - 57.04 SqM (613 SqFt)
Kitchenette

WC

current business rates

Figures from the Valuation Office show a current rateable value of £6,600 per annum as at April 2024 which normally means an amount payable of between 40%-50% of this figure. Please check with the relevant local authority which is Gravesham Council. You as a tenant may qualify to apply for small business rates relief meaning you could pay nothing or proportion of this payable amount.

Current class of business use

The vendor advises current class of business use is 'E' Category use. Interested parties are advised to seek clarification of permitted use from the local authority.

Agent note

Ingoing tenant to pay a refencing fee of £150 Inc VAT