Big Motoring World, Gillingham_Propriété à vendre
Big Motoring World, Gillingham_Propriété à vendre
Bailey Drive, Gillingham, ME8 0LS

Big Motoring World, Gillingham

Description de l'actif

  • 5-storey office arranged over lower ground, ground, and three upper floors


  • 38,287 sq ft total net internal area


  • Flexible floor plates serving a range of occupier requirements


  • 244 car parking spaces providing an excellent ratio of 1:157 sq ft


  • Modern, flexible office accommodation


  • New fully-equipped gymnasium


  • Kitchen/canteen facilities


  • Main core with generous WC and locker provision and 3 additional staircases
...

Attributs

Superficie du bâtiment nette
3 557 mètres carrés
Occupation
100 %
Nombre d'étages
5
WAULT aux expirations
13.6 années
Année de rénovation
2023
Loyer annuel total
1 115 447,62 $
Places de parking
244
EPC
Grade C
Durée
Leasehold

Média

Points forts de l'investissement

  • Gillingham is the most populated town in Medway, one of the largest conurbations in the South East.


  • Medway is the largest regeneration zone in the Thames Gateway.


  • Gillingham has unrivalled connectivity with its proximity to the M2 and M20, and a railway station with direct links to five main London stations.


  • Situated on a large site on the 100-acre Gillingham Business Park, a prominent engineering and manufacturing cluster adjacent to the A2, benefitting from a range of amenities and services.


  • A modern, flexible 5-storey office totalling 38,287 sq ft, which was subject to a £2 million comprehensive refurbishment in 2023 following the occupier’s relocation to the building.


  • Fully let to Bapchild Motoring World (Kent) Limited trading as Big Motoring World on a 15-year term from 16 August 2023 (13.6 years unexpired) with 5-yearly break options.


  • Current passing rent of £600,000 per annum reflecting a low overall rent of £15.67 per sq ft.


  • Big Motoring World is a multiple award-winning business founded in 1986 with a turnover of £697 million.


  • Underlying residential potential with Permitted Development recently secured for 44 units.
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Dernière mise à jour
18 mars 2025