Industrial for sale in Works Road, Letchworth Garden City SG6

Description

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

The available accommodation comprises 2 self-contained, full height warehouse / production units both with well specified first floor offices.

Each has a substantial mezzanine storage floor (removable if not required) and feature the following:

•Full height loading door
•Clear span steel portal frame construction with 6m eaves height
•Single WC and kitchen

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.

Approx overall (gross int) floor areas

Ground Floor 5,334 Sq Ft
First Floor Offices 1,511 Sq Ft
Total 6,845 Sq Ft

Mezzanine Storage 3,160 Sq Ft

Car parking

12 allocated spaces.

Terms

Available for sale on the basis of a 999-year lease (less 10 days) from 25 December 1909.

Price £1,175,000. VAT is not payable.

Ground rent

Current combined ground rent £6,188.04 per annum + VAT.

Service charge

Current service charge £655.20 per annum + VAT.

Rateable value

Please see the Valuation Office Agency website. The indicated assessments for Units 7 & 8 are £30,250 and £34,250 respectively.

Rates payable approx. 49.9% for the y/e 31/3/2025.

Availability

At an early date to be agreed.

Inspection

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.

The Code of Practice on Commercial Leases recommends that you seek professional guidance before agreeing or signing a business tenancy.

Energy Performance Certificate: U7 D100. U8 E104

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.