Retail / Office Premises Available to Let in Elham, Kent - Prominent Location in Rural Village.
This single storey building of painted brick construction with rough-cast rendered upper elevations under an artificial slate roof provides a little over 1,100 sq.ft. of accommodation ground floor only. Recently trading as an Estate Agent, it has five main office/retail areas with a rear kitchen and two WCs. It is finished to a good standard throughout the majority of the area, having good quality carpets, window display areas and ceiling spotlights with some glazed partition walls. As previously mentioned the premises were used as an Estate Agent (the old A2 planning consent); however any other 'E' use class, including retail, could be considered.
Externally there is hardstanding to the front of the unit for car parking and loading/unloading.
( Agency Pilot Software ref: 536 )
Location
1-4 Bank Buildings is located on the eastern side of New Road, just south of its junction with the High Street and St Mary’s Road in the centre of Elham, a picturesque village of roughly 3,000 inbahitants located 11 miles south-east of Canterbury and 7½ miles north-west of Folkestone. Being located on the main Lyminge-Canterbury road it is a popular and busy village with a large catchment area and is only 13 miles due east of Ashford, benefiting from multiple motorway junctions and the International passenger station.
Accommodation
Four front offices totalling: 881 sq.ft.
Rear office: 129 sq.ft.
Kitchen: 102 sq.ft.
Plus 2 x WCs
Terms
SERVICES Mains water and single-phase electricity are connected to the premises, with heating by electric radiant heaters.
BUSINESS RATES The premises are assessed as offices and have a rateable value of £5,200. The uniform business rate multiplier for the year 2024/25 is 49.9p. Occupiers should be able to benefit from Small Business Rate Relief, subject to status.
TERMS The premises are currently held under a 15 year lease expiring in 2029 at a passing rent of £14,250 per annum. However there are a number of missed rent reviews and accordingly our client is able to assign the balance of this lease to a new tenant subject to status. Alternatively, again subject to status and landlord’s consent, a new lease for a longer period could be negotiated.
LEGAL COSTS The ingoing tenant to be responsible for the landlord’s reasonable legal costs in the transaction.
ENERGY PERFORMANCE CERTIFICATE The premises have an energy efficiency rating of 95 (Band D).
Specification
• Former Estate Agents Circa 1,100sq.ft.
• Close to Village centre.
• Potential for new lease