Bishops Court The Broadway, Old Hatfield, AL9 5HZ
6,212 Sq Ft / Industrial / General Industrial
For Sale
- £1,250,000.00
Available - Last updated: 04 October 2024
DESCRIPTION
A fantastic and rare opportunity to acquire a freehold office investment close to the main entrance to the old town.
It comprises a 1985 built, neo-Georgian style 4-storey building of conventional brick and tile construction.
With prominent deep bay window frontage the ground floor provides flexible open plan office accommodation separated by an impressive deep entrance / reception area.
At the rear are ladies and gents WCs and staircase that leads to the upper three office floors.
The first floor comprises three suites of varying sizes off a private hallway with single larger suites located on both the second and third floors.
The property is currently fully let with three of the seven tenancies expiring in 2025. A full tenancy schedule available upon request.
The property could suit a wide range of purchasers including investors, developers and owner occupiers.
HATFIELD
Located in the heart of the Old Hatfield Conservation area with coffee shops, pubs, delis and wellbeing providers all within a short walk of the offices.
A major regeneration project has commence at Sailsbury Square which will greatly improve the public realm amenity of the area.
Train services from Hatfield to London Kings Cross / St Pancras are every 15 minutes with a fastest travel time of approximately 23 minutes. There are Piccadilly and Victoria line connections at Finsbury Park.
Hatfield is well located being situated between Junctions 2 and 4 of the A1(M). The M25 is just 5 miles to the south at Junction 23. The A414 dual carriageway also provides a fast east to west link between the M1 at Hemel Hempstead and the M11 at Harlow.
London Luton Airport is within 20 miles of the property and Stansted Airport within 28 miles
APPROX. (NET INTERNAL) FLOOR AREA
Ground Floor Suite 1 427 Sq Ft
Suite 2 961 Sq Ft
First Floor
Suite 1 363 Sq Ft
Suite 2 583 Sq Ft
Suite 3 1,247 Sq Ft
Second Floor
Suite 1 1,884 Sq Ft
Third Floor
Suite 2 747 Sq Ft
Total 6,212 Sq Ft
CAR PARKING
There is private parking for 6 cars at the rear of the property.
TERMS
For sale freehold - £1.25m.
The current rental income is £86,950 p.a. which is shortly expected to increase to approx. £94,000 p.a.
All terms are subject to VAT where applicable.
RATEABLE VALUE
Please see the Valuation Office Agency website. Indicated assessment £91,600 split over 8 hereditaments.
AVAILABILITY
Immediate following completion of legal formalities.
INSPECTION AND FURTHER INFORMATION
For further information please contact Daniel Hiller or Clay Davies at Davies & Co
NOTES:
Unless otherwise stated all prices, rents or other stated costs are subject to VAT.
Energy Performance Certificate: TBA
The particulars contained within this brochure are believed to be correct but their accuracy cannot be guaranteed and they are therefore expressly excluded from any contract.
Under Anti-Money-Laundering Regulations we are required to obtain proof of identity for individuals and controlling Directors.
Property Quote Price(s)
Description | Sale type | Guide price | Price type |
Bishops Court, 17a The Broadway, Old Hatfield, AL9 5HZ |
For Sale
|
£1,250,000.00
| NA |
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