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Taylor Trading Estate, 312 Ware Road, Hertford, SG13 7ER

21,506 Sq Ft / Industrial / General Industrial

For Sale - £2,600,000.00

Under Offer - Last updated: 08 November 2024

Summary

The estate comprises a range of trade counter and industrial units of varying age along with some open storage yard space.

The units are in the main of brick and blockwork construction with a mix of steel truss and concrete portal framed roofs.

They benefit from solid concrete floors and roller shutter doors. Some of the units benefit from timber mezzanine floors. Externally there is a hard surfaced yard/parking area for the use of the various units.


Key Points

  • Fully let with excellent local occupier demand dynamics
  • Affluent London commuter town
  • Significant redevelopment potential, subject to planning
  • Gross internal floor area of 17,672 sq. ft and site area of 1.34 acres providing an attractive site coverage of only 30%
  • Annual rent of £201,075 reflecting a low average rent of £11.39 per sq. ft overall excluding mezzanines
  • WAULT of 5.8 years to expiries and 2.3 years to breaks
  • Offers for the freehold interest are invited in excess of £2,600,000, subject to contract and exclusive of VAT
  • Location

    Hertford, the county town of Hertfordshire, is situated six miles east of Welwyn Garden City, ten miles west of Harlow and approximately twenty-five miles north of London. An affluent commuter town, it is administered by Hertford Town Council and has a resident population of approximately thirty thousand people. Major local employers include Herts County Council and McMullen’s Brewery.

    Strategically located at the intersection of the A10 and A414 dual carriageways, approximately eight miles to the north of Junction 25 of the M25. The A414 links a short way to the west with the A1M and to the East with the M11.

    Hertford has two railway stations, Hertford East, serving London Liverpool Street and Hertford North, serving London Kings Cross, both with a fastest journey time of about forty-five minutes. London Luton Airport is located eighteen miles to the north-west and London Stanstead Airport is twenty-two miles to the north-east.

    Property Quote Price(s)

    DescriptionSale typeGuide pricePrice type
      For Sale Freehold £2,600,000.00 NA

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    Contact agents

    Tim Howlings

    Brasier Freeth

    01923 375594

    Elliot Fletcher

    Brasier Freeth

    01923 375154

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