WAREHOUSE PREMISES
WITH DOCKSIDE BERTH

TO LET

177,374 ft² / 16,478 m²

LOCATION:

Chatham is located in north Kent approximately 40 miles southeast of London.

The property enjoys good road communications being only 4 miles from junction 2 of the M2 and 8 miles from junction 6 of the M20 with a fast rail connection into London (43 minutes).

ACCOMODATION:

The accommodation is made up of three large warehouses, a maintenance garage and an office building together with land for open storage.

The tenant has priority use of 800 ft of Berth 3 and 4 (see plan below).

There is potential for direct rail connection to the berth.

LEASE DETAILS:

Berths 3&4 are held on a Lease expiring 2025 with tenant only break clauses in 2011, 2016 and 2021.

The lease has a basic minimum annual rental together with an additional tonnage throughput rate, where applicable.

RENT:

£273,289.80 per annum

Extensive tenant improvements have been undertaken which are not reflected in the rent payable, hence the passing rent equates to only £1.54 per sq ft.

RATES:

£182,360 payable for 2009/2010
(RV £376,000)

SERVICE CHARGE:

£11,518.50 per annum for 2009/2010

TERMS:

Proposals are invited for the leasehold interest.

 

VAT:

All figures may be subject to VAT.

VIEWING:

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