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Investment Opportunity For Sale, 14 Woodside Industrial Park, Works Road, Norton, SG6 1LA

2,166 Sq Ft / Industrial / General Industrial

Withdrawn - Last updated: 30 March 2021

The Woodside Industrial Park is situated approximately ½ of a mile from the town centre and comprising of a modern development of 26 units within the town’s principal commercial and industrial area and is located at the end of a terrace. The unit currently provides ground floor space with offices at first floor.
( Agency Pilot Software Ref: 11548 )

Location

Letchworth Garden City is situated in North Hertfordshire adjacent to junction 9 of the A1(M). To the south the M25 provides access to the national motorway network and to the north the A14 connects to the M1/M6 and east coast ports. Letchworth railway station provides direct services to London King’s Cross (approximately 45 minutes). The airports at both Luton and Stansted are within approximately 20 minutes and 40 minutes driving time respectively, whilst Heathrow and Gatwick are accessible via the M25.

Accommodation

Ground Floor Showroom 1,129 sq ft (104.9 sq m )

First Floor Offices 1,037 sq ft (96.3 sq m)

Total Gross internal area 2,166 sq ft (201.2 sq m)

Terms

Price The property is available for sale on a long leasehold at £XXX plus VAT

Ground Lease We understand that the Woodside Industrial Park is held on two ground leases of 999 years from March 1910. The present ground rent of £XXX per annum is subject to rent reviews, the next review is due 25th December 2033. The ground rent is portioned between the respective units on the estate.

Service Charge There is a general service charge payable for the upkeep of the common parts. Currently £XXX plus VAT per quarter.

Rates We understand from the Valuation Office Agency website (www.voa.gov.uk) that the rateable value is £XXX The UBR for 2019/20 is XXX in the £XXX 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.

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.

Specification

• Three phase power and gas supply
• Sectional up and over loading door approximately 14’7” high x 13’2” wide (4.5m x 4m)
• WC facility x 2
• Kitchen area to ground and first floor
• Parking to front, loading to rear
• Office areas to first floor with air conditioning, carpeted and lighting


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