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184 Parrock Street
FOR SALE BY ONLINE AUCTION. GUIDE PRICE: £550,000. AUCTION DATE: Wednesday 3rd November 2021, 11:00 AM
The property which has been trading as a plumbing supply shop for many years lies opposite historic almshouse in Maidstone Road, Rochester and is within 0.5 miles of the town centre. The M2 lies around 4 miles to the south, linking The M25 and Dartford River Crossing.
181 Maidstone Road is a 3 storey property with the lowest storey being at ground floor level to the rear. The full accommodation comprises the following:
Lower Ground Floor:
Showroom: 72.86 SqM (784 Sq Ft)
Store Room with Boiler: 7.93 SqM (85 Sq Ft) Door to rear garden
2nd Store Room: 9.19 SqM (98.92 Sq Ft)
Showroom: 72.25 SqM (777 Sq Ft)
Kitchen: 8.67 SqM (93 Sq Ft)
Arranged as a self-contained 3 bedroom flat of 94.41 SqM (1016 Sq Ft) comprising 3 double bedrooms, a large lounge/dining room, kitchen and shower room.
Front Exterior: A large forecourt with adopted parking bays to the road
Rear Exterior: A large rear garden mainly laid to lawn.
CURRENT BUSINESS RATES
Figures from the Valuation Office show a rateable value on the commercial shop of £12,250 per annum as at August 2021 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.
CURRENT CLASS OF BUSINESS USE
Interested parties are to seek clarification from the local authority.
The property is ideal for residential development with plans passed in March 2019 by Medway Council for conversion to 6 x 1 bedroom apartments. Plans are available via Medway Council's planning portal.