Industrial for sale in Works Road, Letchworth Garden City SG6

Description

Built in 2002 the property forms part of a small high quality modern development of four light industrial / warehouse units.

It is constructed of a steel portal frame providing clear space internally and an eaves height of approximately 5.9 m.

There is a full height loading door providing access to the principle area alongside which are fully fitted two storey offices.

There is a single WC and a Kitchen area under the stairs. There is no heating in the warehouse.

The owners have installed a large mezzanine floor currently used for storage purposes. The height to the underside of the mezzanine is 2.9m.

The four units in City Business Park share a large yard and car parking area with estate perimeter security fencing and gate.

Location

Letchworth is located in north Hertfordshire adjoining junction 9 on the A1(M). The A505 provides an east west link between the M1 at Luton and the M11 at Cambridge.

Letchworth station provides a fast rail service to London Kings Cross.

There is a busy town centre and an extensive out of town retail area including a Sainsbury's superstore a short distance from the property.

Letchworth Business Park comprises over 50 acres of modern office and production accommodation and includes a major Sainsbury's superstore, a leisure centre and retail park.

The property is located at the north eastern end of Works Road within the principle commercial area.

The most convenient access is from Baldock Road turning into Jubilee Road close to where the road runs under the A1(M) at Baldock and then turning right at the T Junction into Works Road.

Approx. (gross internal) floor areas

Ground floor Warehouse/Production 2,323 Sq Ft
Offices 456 Sq Ft
First Floor Offices 456 Sq Ft
Total 3,235 Sq Ft
Mezzanine Store 1,350 Sq Ft

Car parking

There are 10 allocated car spaces.

Rateable value

Please see the Valuation Office Agency website. Indicated assessment £25,000. Rates payable approx. 49.9% for the y/e 31/3/2025.

Terms

Available for sale on the basis of a 150-year ground lease from March 2000 at a peppercorn rent.

Price £750,000 plus VAT.

Availability

At an early date to be agreed.

Inspection

For further information please contact 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: Category E (119)

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.