Detached warehouse/distribution building with integrated first floor offices available to let.
Location
The unit is located on the Maylands Wood Estate, on Hall Road off Maylands Avenue in Hemel Hempstead. Maylands Wood Estate is 2 miles from Junction 8 of the M1 and 5 miles from Junction 21 of the M25.
Accommodation
Detached warehouse/distribution building with secure yard – 20,160 sq ft
Terms
Services We are advised that all main services are available to the premises. We confirm that we have not tested any of the service installations and any occupier must satisfy themselves independently as to the availability, state and condition of such items.
Planning We are verbally advised that the accommodation has planning consent for storage and distribution but any occupier should make their own enquiries to the Planning Department of Dacorum Council. Tel 01442 228000 or customer.services@dacorum.gov.uk
Business Rates The property is listed as “workshop and premises” with a Rateable Value of £144,000. Interested parties should make their own enquiries to Dacorum Council to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment.. www.voa.gov.uk.
Energy Performance Certificate A EPC has been commissioned and will be available on requeste. Code for Leasing For the latest RICS advice on commercial property leasing, please consult the RICS Real Estate Code for Leasing 2020
s Lease/Tenure/Terms The property is held by way of a full repairing and insuring lease for a term of 25 years from 30/12/2000 incorporating five yearly rent reviews. The property is available by way of a new full repairing and insuring sub-lease expiring on 20/11/2025. Any sublease will be drafted outside the Security of Tenure provisions of the 1954 Landlord and Tenant Act. Alternatively a new lease will be considered subject to agreeing a surrender with the landlord.
Rent The property is offered to let for £275,000 per annum exclusive of VAT. Legal Costs Each party is to be responsible for their own legal costs
Specification
- Office content
- Haunch height 5.97 m
- Recessed office lighting
- WC facilities