The property comprises a hi-tech, end terrace, light industrial building with two storey offices situated to the side. At ground floor level the building benefits from a spacious reception/showroom area, with ladies and gents WC immediately to the rear thereof. The remaining office accommodation at ground floor level is in rectangular configuration, which is open plan with the exception of two cellular offices.
On the upper level the offices again are open plan save for four cellular offices and a large board/meeting room. Further ladies and gents WC's are provided to this floor.
There are separate kitchen facilities on both ground and first floors to the office elements, together with a further kitchen at mezzanine level in the warehouse with adjacent mess room.
Location
4 Maxted Close, Maxted Road is situated just off Maylands Avenue in the heart of Hemel Hempstead's principal business area.
Hemel Hempstead itself is situated approximately 25 miles north west of Central London, adjacent to the newly improved and enlarged Junction 8 of the M1 motorway and approximately 3 miles north of its junction with the M25 (Junction 21).
In addition Hemel Hempstead also benefits from a main line railway station, offering a fast and efficient electrified service to London (Euston) with a fastest journey time of approximately 30 minutes.
Accommodation
We have calculated the approximate gross internal floor area as follows:-
Ground and first floor offices including WC's and kitchens 6,254 sq ft
Warehouse 6,848 sq ft
Total 13,102 sq ft
In addition there is a large mezzanine floor which is the property of the current tenant, providing a further 4,250 sq ft of storage space which is partly open plan, partly fitted in cellular rooms, which incorporate a kitchen and mess room serving the warehouse area.
There are 18 marked car parking spaces provided and a further 2 spaces are available where a previous vehicular entrance to the site has been decommissioned.
Terms
The property is currently occupied on a fully repairing and insuring lease to expire on 23rd March 2011 at a current rent passing of £103,000 per annum.
The remaining term of the lease is therefore available by way of assignment, however, by negotiation with the freeholder the current lease may be surrendered and a new lease granted for a term of years and a rent to be negotiated.