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Operations Centre, Bailey Drive, Gillingham Business Park, Gillingham

sq ft pax / Long Leasehold / Annual rent: The property is available either to let or alternatively our client will sell its long leasehold interest. The property is held under a lease for a term of 150 years less 10 days from 12th June 1980 thus expiring on 1st June 2130. The lease is at a pe

Amenities

  • 38,998 sq.ft. (3,623 m²)
  • Leasehold / Freehold
  • Detached 2 Storey Office/Business Building
  • Substantial car parking area surrounding the building with landscaping
  • Air conditioning throughout
  • Principally open plan office accommodation across the 2 main floors
  • Restaurant/bistro facility
  • TO LET/FOR SALE

Location

Operations Centre, Bailey Drive, Gillingham Business Park, Gillingham, ME8 0LS

Description

The premises comprise a detached principally 2 storey purpose built office building constructed in the early 1990's. There is additional accommodation on a small part of the second floor and large plant room at basement level. The building is of framed construction with lower elevations clad in feature dressed yellow and red stonework under mainly pitched pavilion style roofing covered with artificial slate. The entrance comprises a 3 storey feature mainly of glazed steel curtain walling. The building comprises a triple height entrance reception area leading to a lift and principally open plan office accommodation across the two main floors with a restaurant/bistro facility and further accommodation on the second floor. A core adjacent to the entrance area provides male and female WCs on all 3 levels. There are 2 further service lifts in a second core. Specification includes:- Suspended ceilings with recessed fluorescent lighting Aluminium framed sealed double glazed windows Plastered, painted or papered walls and raised floors which are carpeted and contain power and IT connections Air conditioning system throughout To the exterior a substantial car parking area surrounding the building with landscaping

Business Rates

The rateable value figure below has been provided to us by the Valuation Office Agency

RV £342,500

Please note, the RV is NOT the actual rates payable. Rates payable are calculated by reference to the National Non-Domestic Rating (NNDR) multiplier which is set annually by Central Government. The current NNDR (2020/21) is 51.4p/£. 

Discounts and reliefs are available for qualifying small businesses occupying properties with rateable values below £15,000, reducing liabilities to £zero for properties with RVs below £12,000

Subject to eligibility for all available reliefs, we estimate that in the current financial year,

Rates payable are £175,360

Further information on this matter is available at Business Link