Offers in region of
£825,000
(£132.13/sq. ft)
Industrial for sale32-36 Knowl Piece, Hitchin, Hertfordshire SG4
6,244 sq. ft
Just added
Available immediately
About this property
Rare opportunity for an industrial premises freehold
Three light industrial units
4.5m warehouse eaves
Opportunity for owner occupier or investor
This attractive commercial property opportunity comprises three adjoining units, offering flexibility for both investors and owner-occupiers seeking potential vacant possession of the two larger units, while retaining the benefit of income from the adjoining let premises.
Two of the units have been combined to create a larger premises extending to approximately 4,294 sq ft, incorporating a substantial mezzanine floor providing additional office accommodation. The unit is currently vacant and available to let at an asking rent of £42,500 per annum.
The third unit, a trade counter premises extending to approximately 1,950 sq ft, is let to Gryphon Hockey on a 10-year lease as of October 2021, at a current annual rent of £16,000. The lease includes a tenant-only break option and an open market rent review at the eighth year of the term.
Two of the units have been combined to create a larger premises extending to approximately 4,294 sq ft, incorporating a substantial mezzanine floor providing additional office accommodation. The unit is currently vacant and available to let at an asking rent of £42,500 per annum.
The third unit, a trade counter premises extending to approximately 1,950 sq ft, is let to Gryphon Hockey on a 10-year lease as of October 2021, at a current annual rent of £16,000. The lease includes a tenant-only break option and an open market rent review at the eighth year of the term.
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Monthly repayment
£4,127 per month
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