Light industrial to let in Tollgate Farm, Tollgate Road, Colney Heath AL4

Two former stable units and container that could be used for Business Purposes (subject to any necessary consents). They are available separately or as a whole. 11a is currently divided into 4 areas, but could be made as one. Electricity and water connected. 11a size 425 sq.ft. 17c size 215 sq.ft. Container size 240 sq.ft.

Pleasant rural setting
Landlord lives & works on site
Allocated parking
Electricity
A1(M) J3 – 2.5 miles
M25 J22 – 2.5 miles
St Albans – 3.5 miles
London (Brent Cross) – 13 miles

rent: £900 per month exclusive for all

11a Stables - £450 per month exclusive
17c Stables - £300 per month exclusive
Container - £250 per month exclusive

Terms

Flexible, but on an insuring basis and with the Security of Tenure Provisions of the Landlord & Tenant Act 1954 contracted out. A deposit equal to 3 months rent will be payable. References will be required. A service charge of £50 per month will be payable towards the maintenance and upkeep of common areas. VAT is payable.

Business rates

The Rateable Value is likely to be around £2,950. Small Business Rate Relief could be applied for meaning no rates payable.

Viewings

Strictly by prior appointment and only after having completed a short Business Use questionnaire. The Landlord lives & works on site, so any use would have to fit in with their enjoyment of their surrounding property. No motor trade.

Legal costs

The Tenant is responsible for the Landlord’s reasonable legal costs of £750 plus vat for the preparation of a Business Tenancy Agreement. £450 plus vat of this is payable in advance.

Tenant check

As part of the letting process, Weldon Beesly undertake due diligence checks on the Tenant. Where the Tenant is a Company, checks will also need to be taken on the beneficial owner/s.

Use / EPC

A planning application should be submitted for a change of use to business use. EPC rating of D.