The property is situated along a short concrete private roadway from Travellers Lane close to its entrance and next to the Hallett Silbermann yard. It is a modern detached portal frame building in a single bay with a clear headroom of approximately 5.0m. The space is currently in 2 sections but is to be opened up into one. It has LED lighting and part is fitted with Ambi-Rad overhead heating which can be removed if not required. Access to the property is via the front loading apron with parking via an electric roller shutter door measuring 5.3m wide by 4.3m high. To the front is a 2-storey brick faced building. On the ground floor there is an entrance to the first floor plus staff and toilet accommodation. The first floor is a fully fitted refurbished open plan offices with separate toilets.
Location
The property occupies a highly strategic and accessible location at the north point of the M25. It is within a main industrial estate which is accessed from J2 of the A1(M) (2 miles) and then approximately 5 miles from J23 M25 (South Mimms). Alternative access to J24 is via Potters Bar. The A414 dual carriageway provides a fast link to the M1 at J6 & 7. The towns of Potters Bar, Borehamwood, St Albans and Hatfield are all close by. The property is close to Welham Green station which provides a fast electrified service to London Kings Cross/St Pancras.
Accommodation
Ground floor offices / staff facilities - 654 sq ft
First floor offices - 654 sq ft
Warehouse - 12,298 sq ft
Total - 13,607 sq ft
Terms
The property is offered initially on the basis of a 3-year term expiring 13 March 2026. Alternative lease structures may be considered.
RATEABLE VALUE - Please see the Valuation Office Agency website. Up to £31/3/2023 £24,250. From 1/04/2023 £53,000. Amount payable 51.2% subject to transitional relief.
OCCUPATION - Immediate upon completion of legal formalities.
INSPECTION AND FURTHER INFORMATION - For further information please email Mike Davies or Daniel Hiller at Davies & Co.
NOTES: Unless otherwise stated all prices, rents or other stated costs are subject to VAT. The Code of Practice on Commercial Leases recommends that you seek professional guidance before agreeing or signing a business tenancy Energy Performance Certificate: Category C (67). 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.