Industrial/Former Vehicle Repair Workshop/Semi Detached House (Split Into 2 Flats) and Yard
For sale - £550,000 Offers in the region of 2,060 Sq Ft (191.37 Sq M)
32 Montfort Road, Strood, Rochester, Kent, ME2 3EU
UNDER OFFER
Property description
The premises comprise of a two-storey semi-detached house and an MOT test station with a small yard. The residential part of the property is currently split into two flats, 32A and 32B. The flats currently produce an income of £1,560 per month and are assumed to be on assured shorthold tenancies. These flats are relatively basic but well maintained. 32B (top floor) is electric only and 32A (ground floor) is gas and electric. Access is provided via the small reception area at the front of the property. 32A is on the ground floor and 32B is at first floor level. On street parking is available without permits.The commercial part of the premises was a former MOT test station which is currently owner occupied. and consists of a 3 bay workshop, office, storage units and customer waiting room.The premises are NOT being sold as an ongoing MOT Test Centre.
Location
The premises are located on Montfort Road, which is a densely populated residential area, just North of the A2. This is an urban location in the Medway town of Strood with the town centre being just a short walk from the property. The premises have great transport links with Strood Railway Station being just 5 minutes from the property giving access to London in as little as 29 minutes as well as local bus routes to other surrounding towns. The wider road network is extensive with the Wainscott bypass, M2, A2 and M25 all linking up to the rest of the country and the county's ports.
Accommodation
The areas set out below are on an approximate net internal basis for the residential part of the premises.Flat 32A:GroundLounge.......150 sq ft.....13.86 sq mBedroom...118 sq ft.....10.95 sq mKitchen........47 sq ft........4.40 sq mFlat 32B:FirstLounge.......132 sq ft.....12.30 sq mBedroom...137 sq ft.....12.77 sq mKitchen........49 sq ft........4.59 sq mTOTAL:......633 sq ft.....58.87 sq mThe areas set out below are on an approximate gross internal basis for the commercial part of the premises.MOT Test Centre:MOT Test Unit..........966 sq ft.....89.92 sq mMOT Office...............151 sq ft.....14.06 sq mMOT Waiting Room.111 sq ft.....10.40 sq mMOT Store/Shed......199 sq ft.....18.52 sq mTOTAL:..................1,427 sq ft.....132.8 sq mMOT Car Park & Yard
Terms
The property is for sale freehold.
Price
Offers in the region of £550,000
Rateable Value
Rateable Value: £8,000Rates Payable: Potentially nil if this is the occupiers only property as occupiers of premises with a Rateable Value below £12,000 may qualify for full relief.Potential applicants are advised to check with the Local Rating Authority Medway Council for the actual business rates payable.
Planning & Building Regulations
It is the responsibility of the purchaser or tenant to satisfy themselves that the intended use of the property complies with the relevant planning permission and building regulations in force at the time of the purchase or letting.
Legal Costs
Each party to be responsible for their own legal and other costs associated with the transaction.
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