Constructed around a steel portal frame with partly brick and profile steel elevations under a mono pitched roof.
The property provides production/storage accommodation on the ground floor together with toilet and small reception area, at first floor there are offices/mezzanine and further mezzanine storage/production. Loading is provided by way of a roller shutter loading door and the forecourt provides parking for 4 vehicles.
( Agency Pilot Software ref: 10394 )
Location
The premises are located on a small development with the town’s principal industrial and commercial area. The town centre and mainline railway station is approximately 15 minutes’ walking distance. Letchworth Garden City is located in North Hertfordshire and is adjacent Junction 9 of the A1(M). To the south, the M25 provides access to the national motorway network and, to the north, the A14 connects to the M1, M6 and east coast ports. Letchworth Garden City Railway Station provides direct services to London Kings Cross, approximately 35 minutes’ journey time
Accommodation
4,537 SQ FT (421.4 SQ M)
Terms
Tenure Our clients are able to offer a new full repairing and insuring lease for a term to be agreed.
Rental £42,500 per annum, exclusive. Price £525,000 Long leasehold. The property is available on the long leasehold interest for a lease dated 29th September 1949 for a term of 990 years with 99 year rent reviews.
Service Charge The cost for the service charge for the current is TBC, plus VAT.
Rates We understand from the Valuation Office Agency website (www.voa.gov.uk) that the rateable value is £29,250. The UBR for 2024/25 is 54.6p in the £.
Rates payable may be subject to transitional arrangements and/or small business relief, which should be verified with the Charging Authority. Assessments may be subject to appeal.
Specification
- Single phase power and gas supply
- Gas fired heating via radiators
- WC facilities
- Kitchen area
- 4 car parking spaces
- Forecourt loading
- First floor office area