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Office Building For Sale , Ladygrove Court, Hitchwood Lane, Preston, Preston, SG4 7SA

1,700 Sq Ft / Offices

For Sale - £375,000.00

Available - Last updated: 07 May 2024

Ladygrove Court is now mainly a residential conversion of a Lutyens barn.

This building was converted a number of years ago and provides a good standard of accommodation at ground floor level together with further open plan office areas at the mezzanine first floor level.

The ground floor accommodation provides an open plan office together with individual offices, meeting room and a kitchen facility. There is also a WC and shower room as well as a separate disabled WC. The first floor provides an open plan mezzanine area overlooking the main ground floor area and includes an office and storage area.


( Agency Pilot Software ref: 10011 )

Location

Ladygrove Court fronts into Hitchwood Lane on the outskirts of the village of Preston. Hitchwood Lane links to the B656 Codicote to Hitchin Road. The property is conveniently situated close to Hitchin, Stevenage, Welwyn Garden city and Luton. Access to the national motorway network is available at junction 8 of the A1(M) at Stevenage and junction 10 of the M1 at Luton. The closest railway station is approximately 10 minutes away at Stevenage, which provides a fast and frequent rail service to London Kings Cross (approx. 20 mins) and is on the main east coast railway line with frequent services to Leeds, Newcastle and Edinburgh

Accommodation

1,700 SQ FT (157.9 SQ M)

Terms

Tenure The property is held under Land Registry title number HD349899.

Planning The property provides an opportunity to owner occupy a well fitted out office building or consider alternative uses subject to obtaining appropriate planning consent or other approvals as required. As far as we are aware the property is not designated as a Listed Building however the property is located adjacent to Listed Buildings under ref 1176799. Any interest parties considering purchasing the site should make their own enquiries in this regard. Estate

Management As part of the freehold ownership there is a responsibility to manage the common parts of the estate for the benefit of all residents. The costs of maintaining and repairing the common and shared facilities are then recovered via a service charge to which all owners contribute towards. There are currenty 11 contributors to the running costs and the monthly rate is £110.00 per month. The current freeholder charges a small management/admin fee for undertaking this work of £1,200pa however there may be scope to review this in the future. Further details on request.

Price Offers sought in the region of £375,000.

Rates We understand from the Valuation Office Agency website (www.voa.gov.uk) that the rateable value is £15,750. 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.

Specification

• WC and shower facility
• Separate disabled WC
• Open plan and cellular offices
• Separate fully fitted kitchen
• Geothermal underfloor heating at ground floor level
• Radiator heating and some air conditioning units
• 7 car parking spaces and 3 further visitor spaces
• Communal garden and entertaining area with BBQ
• Security alarm

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £375,000.00 NA

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Daniel Musgrove

Brown & Lee Property Consultants

01438 420169

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