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Development Opportunity For Sale, HED House, 60A Bridge Road East, Welwyn Garden City, AL7 1JU

937 Sq Ft / Offices

For Sale - £295,000.00

Available - Last updated: 07 October 2024

The property offers ground floor office space along with additional mezzanine. The suite has been divided into two offices via a stud wall and can be opened if required. The front access is shared with 4 residential flats at first floor level and the kitchen and WCs for the ground floor office are located at reception.

( Agency Pilot Software ref: 15543 )

Location

Welwyn Garden City has a population of about 48,380 people (Census 2011) and is located in southern Hertfordshire, approximately 20 miles north of London. It benefits from good communications, the A1(M) being adjacent, the M1, 8 miles to the west and the M25, 5 miles to the south. There are excellent train services to London Kings Cross, and an electric train service to Moorgate. The nearest mainline InterCity Station is at Stevenage, 7 miles to the north. The airports at Luton, Heathrow, Stansted and Gatwick are all within easy travelling distance

Accommodation

937 SQ FT (95.78 SQ M)

Terms

Tenure The property is available for sale on a long leasehold of 999 years. Tenants of Office B currently occupy the property at a rent of £7,560 pa inclusive on a rolling lease with either party ability to serve notice on 3 months’ notice. Office A is currently occupied by Home Extension Designs at a rent of £18,000 per annum inclusive. Vacant possession can be provided. Alternatively, the freehold could be made available.

Planning The property has prior approval for the change of use of ground and first floor office building to six residential flats received January 2014.

Planning number N6/2014/0091/OR. Please seek further information from Welwyn Hatfield planning department. Price £295,000 exclusive of VAT

Rates We understand from the Valuation Office Agency website (www.voa.gov.uk) that the rateable value is £11,500 for Office A and £6,800 for Office B. 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.

Energy Performance Certificate (EPC) A copy of the EPC is available upon request.

VAT Unless otherwise stated, all prices and rents quoted are exclusive of Value Added Tax. Any intending lessees or purchasers must satisfy themselves as to the incidence of VAT in respect of any transaction.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £295,000.00 NA

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Halli Rutter

Brown & Lee Property Consultants

01438 420364

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