The property is fully self-contained and free standing in a very secure gated site in a prominent corner position. It was an engineering works long used for the high-tech manufacture of components for jet engines (B2) and is in need of improvement. As currently configured, it comprises a prominent 2-storey L-shaped office on the front corner behind which there are various interlinked production areas. There is a visitors’ car park on the frontage next to the offices with a yard area behind accessed from a service road running along the side and rear of the property. All main services are connected. There is a high capacity 500 KVA power supply. The property is capable of being adapted to a range of production and warehouse uses. Site area approx. 0.61 acres.
Location
Hatfield is strategically located at the intersection of the A1(M) and A414 approximately 6 miles north of the M25 at South Mimms (junction 23). Together these provide a highly accessible location with a fast convenient access to the M25 via Hatfield Tunnel and east / west communications between the M1 at Hemel Hempstead / St Albans and the M11 at Harlow. It offers easily accessibility to north London and the adjoining centres of Borehamwood, Potters Bar, St Albans, Welwyn Garden City, Hertford and Stevenage. Hatfield Business Park has become a major regional commercial centre including headquarters occupiers Eisai, Affinity Water, Booker, Computacenter and Ocado and now major car dealerships for Porsche, Lamborghini, Bentley, McLaren, Aston Martin, Jaguar etc. The University of Hertfordshire Hatfield is now the major employer in the town.
This prominent property is superbly located a short distance from J4 of the A1(M). Access to Great North Road is from the A414 dual carriageway (linking to Hertford) next to the Tesco Superstore. This is an established area of commercial development. The adjoining corner site is occupied as a main dealership for Audi, Seat and Lexus and the UK HQ of commercial vehicle manufacturer Isuzu. Hatfield mainline station (Kings Cross/St Pancras 26 minutes) is a convenient walk to the south. Convenient staff facilities are provided by the Tesco Superstore and retail park and also the Birchwood local shopping area including a Co-op store.
Accommodation
Two storey offices - 2,771 Sq Ft
Production areas - 11,487 sq ft
Total - 14,258 Sq Ft
Terms
Guide price £1.95m. The property is subject to VAT.
RATEABLE VALUE - Please see the Valuation Office Agency website. The property is currently assessed together with No 162 at a total assessment of £104,000 (payable at 51.2%).
TITLE - The unencumbered freehold interest is being offered with vacant possession.
TIMING - Immediate on completion of legal formalities.
INSPECTION - For further information please contact joint agents, Stuart Goldstein of SRG or Mike Davies / Daniel Hiller of Davies & Co.
NOTES: Under Anti-Money-Laundering Regulations we are required to obtain proof of identity for individuals and controlling Directors of companies on any sales. Energy Performance Certificate: Category F (131). 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.