The unit comprises a retail unit which is located by Marks & Spencer and Superdrug.
Location
Hempstead Valley is located on the outskirts of The Medway Towns, Kent, just off Junction 4 of the M2 and is approximately 15 minutes from Chatham and Maidstone.
The Shopping Centre comprises over 50 stores totalling approximately 480,000 sq ft, with over 2,000 free car parking spaces. Anchor tenants include Marks & Spencer, Sainsbury's, TK Maxx and Home Bargains. Other retailers include Boots, JD Sports and Vision Express.
The Venue is home to a range of restaurants including Nando's, Bella Italia, McDonalds, Frankie & Benny's and Costa.
Accommodation
Ground Floor: 3,739 sq ft (237.36 sq m)
First Floor: 1,500 sq ft (139.35 sq m)
Total: 5,239 sq ft
Terms
Lease: The property is available by way of a new effectively full repairing and insuring (FRI) lease for a term to be agreed, subject to an upward only rent review at the fifth anniversary of term commencement.
Rent: £170,000 per annum exclusive of service charge, insurance, utilities, business rates and VAT.
Business Rates:
- Rateable Value (1st April 2026): £146,000
- Rates Payable (2026/27): £62,780
Service Charge & Buildings Insurance: Service charge payable for the year 2026 is approximately £56,189 per annum. Buildings insurance: £TBC per annum, plus VAT.
Energy Performance Certificate: A copy of the EPC Certificate us available upon request. The unit has an EPC rating of D.
Costs: All figures quoted are exclusive of VAT where applicable.