Warehouse for sale in Works Road, Letchworth Garden City SG6

Location

Letchworth is a major centre in north Hertfordshire close to Baldock, Hitchin and Stevenage. It adjoins Junction 9 of the A1(M) and the A505 trunk road provides an east west link between the M1 at Luton and Cambridge and East Anglia. Letchworth station provides a fast electrified service to London Kings Cross.

Woodside Industrial Estate is a modern development of 26 units fronting on to Works Road in the centre of the main commercial area easily accessible to the Station and Town Centre. Current estate trade counter operators include Toolstation, City Plumbing and gsf Car Parts.

Description

Woodside Industrial Estate is a modern development of 26 units fronting on to Works Road in the centre of the main commercial area.

Unit 9 is an end of terrace unit with a full height warehouse / production area and a full-size manual loading door and fully fitted first floor offices. The height to the underside of the first-floor offices is 2.8m.

There us a useful mezzanine store area adjoining the offices.

Features include the following:

• Clear span steel portal frame construction.
• 6m eaves height

Floor areas

Ground floor 1,127 Sq Ft
First floor offices 499 Sq Ft
Total

Mezzanine Floor 1,626 Sq Ft

168 Sq Ft

Parking

4 allocated car spaces.

Terms

Available for sale on the basis of a 999-year lease from 15 December 1909.

Price £250,000 plus VAT.

Ground rent

Current ground rent is £1,570.80 per annum.

Service charge

Current service charge is £166.32 per annum.

Rateable value

Please see the Valuation Office Agency website. Indicated assessment £13,750.

Rates payable 49.9% for the y/e 31/03/2024 but a significant allowance will be available for single property occupier under the small business rates relief scheme.

Availability

At an early date to be agreed.

Inspection

For further information please contact 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: Available shortly.

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.