The units originally built in the 1970s provide clear span warehouse space with a two storey office/welfare block to the front. The unit also has the benefit of a secure palisade fenced yard adjacent and estate parking.
( Agency Pilot Software ref: 14284 )
Location
Hitchin is a busy North Hertfordshire market town situated some 5 miles from junction 8 of the A1(M) to the northwest of Stevenage. The property is located in the principal commercial and industrial area of the town approximately 1 mile from the town centre and mainline railway station with fast and frequent services to London Kings Cross approximately 35 minutes. Access to M1 junction 10 is via Luton on the A505 with Luton International Airport approximately 10 miles to the west of Hitchin. To the south, the M25 provides access to the national motorway network and to the north the A14 connects to the M1/M6, northwest and east coast ports.
Accommodation
24,562 SQ FT (2,281 SQ M)
Terms
Tenure Our clients are able to offer a new full repairing and insuring lease for a term to be agreed.
Rental £9.50 per sq ft year 1 – (£233,250 plus vat) Then £295,000 per annum, exclusive. Rates We understand from the Valuation Office Agency website (www.voa.gov.uk) that the rateable value is £122,000. The UBR for 2023/24 is 51.2p in the £.
Rates payable may be subject to transitional arrangements and/or small business relief, which should be verified with the Charging Authority. Assessments may be subject to appeal.
Energy Performance Certificate (EPC) A copy of the EPC is available upon request.
Service Charge There is an estate service charge for the upkeep of the common parts and the current charge is £7,800 per annum plus vat.
VAT Unless otherwise stated, all prices and rents quoted are exclusive of Value Added Tax. Any intending lessees or purchasers must satisfy themselves as to the incidence of VAT in respect of any transaction.
Important The services, fixtures, fittings, appliances and other items of equipment referred to have not been tested by this firm and therefore no warranty can be given in respect of their condition. Prospective tenants/purchasers should satisfy themselves as to their condition.
Money Laundering Regulations Brown & Lee Chartered Surveyors are registered with HMRC for money laundering purposes.
Registration is a legal requirement to sell property. Intending purchasers will be asked to provide identification documentation at a later stage and we would ask for your cooperation in order that there will be no delay in agreeing the sale.
Specification
Features
• WC facilities to ground and first floor offices.
• Three phase power 100amp.
• Gas supply not connected.
• Roller shutter.
• Loading facilities.
• Secure yard area with forecourt parking and loading.