Retail premises to let in Stanhope Road, Strood, Rochester ME2

2 Storey Shop To Let, Measuring A Total Of 1,258 SqFt, Half a Mile From Train Station, Established Residential Area, Close To Strood Town Centre.

Rent
£1,250 per calendar month (£15,000 per annum)

Location description

29 Stanhope Road is situated in an established residential area on the corner of Stanhope Road and Glanville Road, close to Strood town centre. Strood Train Station is 0.5 miles away with excellent links to London. The A2 is 0.2 miles away with links to the M2 and M25.

Property description

A 2 storey deep plan shop with return frontage measuring a total of 1,258 SqFt. Multiple air-conditioning units situated throughout the property. Previously used as a vets, although this use is no longer allowed in this property.

Ground floor - 749 SqFt

Currently fit out with multiple rooms, ground floor WC.

First floor - 352 SqFt

Office space to the front and rear with a small kitchenette, bathroom.

Basement - 157 SqFt

Current class of business use

We believe the current class of business use is an 'E' Category Use. Interested parties are to seek clarification from the local authority.

Current business rates

Figures from the Valuation Office show a current rateable value of £10,000 per annum as at July 2024 which normally means an amount payable of between 40%-50% of this figure. Please check with the relevant local authority which is Medway 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.

VAT

This property is not elected for VAT

Agent note

Ingoing tenant to pay a referencing fee of £150