Warehouse for sale in Wilbury Way, Hitchin SG4, £700,000

700,000.00

Offer Nr.:
61417679
Type of ad:
for Sale
Property type:
Warehouse
Contact name:
Davies & Co
Phone(s):
01707 684980

* Clear uninterrupted column free space
* 5m headroom
* Parking for 6 - 8 cars
* Raised loading access
**Location
**
Hitchin is an attractive Hertfordshire market town on the fast A505 dual
carriageway approximately 5 miles west of Stevenage (Junction 8) and 10 miles
east of Luton (Junction 10/11).
It has an individual character with an attractive town centre.
London Luton Airport is particularly convenient and this is a fast - electrified
service to London Kings Cross (approx. 35 mins).
The property is located on the main commercial area located to the north west
of the town and forms part of an area of high - quality modern development.
**Description
**
A well - lit single bay warehouse / production unit with air conditioned first
floor offices at the rear and raised loading access at the front.
Features include the following;
• Clear uninterrupted column free space.
• 5m clear headroom.
• New LED lighting and an electric fuse board in warehouse.
• A full - size electric loading door (3. 3m wide x 4. 0m high).
• Kitchen and male and female WC’s.
• Parking for 6 - 8 cars.
Approx. (gross internal) floor areas
Ground Floor 3, 962 Sq Ft
First Floor Offices 274 Sq Ft
Total 4, 236 Sq Ft
**Terms
**
The owners will consider a sale of the long leasehold interest (999 years from
25 March 1986 at a peppercorn rent). Price £700, 000.
Alternatively, the property is available to let on a new lease for a term to
be agreed. Rent £42, 500 per annum.
In addition to the rent the tenant will be responsible for the payment of
utilities, estate service charges (currently £4, 254. 91 p. a. ), and reimbursing
the proportionate landlords building and third - party liability insurance
premium in the usual way.
**VAT
**
Not payable.
**Rateable value
**
Please see the Valuation Office Agency website. Indicated assessment £17, 750.
Amount payable 49. 9% for the y/e 31/03/2023.
**Availability
**
Immediate on completion of legal formalities.
**Inspection
**
For further information please contact Mike Davies or Daniel Hiller.
Notes:
Unless otherwise stated all prices, rents or other stated costs are subject to
VAT.
Under Anti - Money - Laundering Regulations we are required to obtain proof of
identity for individuals and controlling Directors of companies on any sales
or on lettings of more than €10, 000 per month.
The Code of Practice on Commercial Leases recommends that you seek
professional guidance before agreeing or signing a business tenancy.
Energy Performance Certificate: Category B (39).
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.

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