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
...
Eigenschaften
Gebäudefläche netto
3.557 m²
Vermietungsstand
100 %
Anzahl der Etagen
5
WAULT bis zum Verfall
13.6 Jahre
Jahr der Renovierung
2023
Jährliche Gesamtmiete
709.963,97 €
Parkplätze
244
EPC
Grade C
Eigentumsart
Leasehold
Medien
Investment-Highlights
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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