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Sir Thomas Longley Rd - Riverside Estate 1,255 sq ft Light Industrial Unit Offered at £99,000 in Rochester ME2 4BH



Investment Highlights
- Situated within the Riverside Estate on the Medway City Estate
- Good road access
- Allocated car parking
Executive Summary
Situated within the Riverside Estate on the Medway City Estate, Rochester, there is good access to either J1 M2 motorway via the Wainscott Northern Bypass or to J4 M2 via the Medway Tunnel, Gillingham Northern Link Road and A289 Hoath Way. The M2 provides good access to the national motorway network, London, the Channel Tunnel and the port of Dover.
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Investment or Owner Occupier | Tenure | Long Leasehold |
| No. Parking Spaces | 2 |
| Sale Type | Investment or Owner Occupier |
| No. Parking Spaces | 2 |
| Tenure | Long Leasehold |
Description
A 2 storey business unit with elevations of brickwork beneath a pitched, tile clad roof. The property is designed to give maximum flexibility and can be used either entirely as offices or as offices at first floor with production/storage/offices on the ground floor
Sale Notes
Held on a long lease for a term of 999 yrs from December 1987 (hence approx 960 yrs unexpired) at a peppercorn ground rent. £99,000 for the long leasehold interest.
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit 63 | 1,255 sq ft | Light Industrial | £99,000 (£78.88/sq ft) | - |
Unit 63
| Unit Size |
| 1,255 sq ft |
| Unit Use |
| Light Industrial |
| Price |
| £99,000 (£78.88/sq ft) |
| NOI |
| - |
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Unit 63
| Unit Size | 1,255 sq ft |
| Unit Use | Light Industrial |
| Price | £99,000 (£78.88/sq ft) |
| NOI | - |
| Sale Type | Investment or Owner Occupier |
| No. Parking Spaces | 2 |
| Tenure | Long Leasehold |
| Description | |
| A 2 storey business unit with elevations of brickwork beneath a pitched, tile clad roof. The property is designed to give maximum flexibility and can be used either entirely as offices or as offices at first floor with production/storage/offices on the ground floor</li></ul> | |
| Sale Notes | |
| Held on a long lease for a term of 999 yrs from December 1987 (hence approx 960 yrs unexpired) at a peppercorn ground rent. £99,000 for the long leasehold interest.</li></ul> |
Property Facts
The following property facts and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 14,094 sq ft | Typical Floor Size | 7,047 sq ft |
| Property Type | Light Industrial (Unit) | Year Built | 1993 |
| Property Subtype | Light Distribution | Total Plot Size | 0.36 ac |
| Costar Property Class | C | Parking Allocation | 0.21/1,000 sq ft |
| Floors | 3 |
| Total Property Size | 14,094 sq ft |
| Property Type | Light Industrial (Unit) |
| Property Subtype | Light Distribution |
| Costar Property Class | C |
| Floors | 3 |
| Typical Floor Size | 7,047 sq ft |
| Year Built | 1993 |
| Total Plot Size | 0.36 ac |
| Parking Allocation | 0.21/1,000 sq ft |
Utilities
- Heating
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1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Sir Thomas Longley Rd - Riverside Estate
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