Unit 7 Mundells Industrial Centre Mundells, Welwyn Garden City, AL7 1EW

LOCATION Welwyn Garden City is situated approximately 25 miles north of central London immediately to the east of the A1(M) with convenient access via junctions 4 and 6. The M25 (junction 23 – South Mimms) is approximately 8 miles to the south and the A414 trunk road skirts the southern edge of the town providing a fast east-west link between the M1 and M11. DESCRIPTION The property forms part of a high-quality development of modern industrial warehouse units developed in the early 1980's. The estate benefits from the following features: • Prominent location fronting principle distributor road • Attractive brick faced elevations • Excellent load turning and loading areas • High quality well managed estate Unit 7 is located at the rear of the estate. There are recently refurbished two storey offices to the front elevation and a separate full-size loading door at the rear. The front area on the ground floor comprises the entrance hall, male and female toilets, kitchen and reception office. At first floor level there is a large and a small open plan office area. The production area comprises a single uninterrupted space with an eaves height of approx. 5 metres (17 ft 6in). The building is extensively provided with LED lighting and power distribution. There are excellent turning and loading facilities within the estate areas. A mezzanine floor has been installed by the current tenant and could be acquired by separate negotiation if required. APPROX. (GROSS INTERNAL) FLOOR AREAS Ground Floor 4,570 sq ft First Floor 802 sq ft Total 5,372 sq ft LEASE The property is available to let on a new lease for a term to be agreed linked to a surrender of the existing lease. Rent £65,000 per annum. In addition to the rent the tenant will be responsible for the payment of utilities, estate service charges, and reimbursing the proportionate landlords building and third-party liability insurance premium in the usual way. RATEABLE VALUE Please see the Valuation Office Agency website. Indicated assessment £38,750. Rates payable 49.9% p.a. up to 31/03/2022. AVAILABILITY Immediate on completion of legal formalities. INSPECTION For further information please contact Davies & Co. 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. The Code of Practice on Commercial Leases recommends that you seek professional guidance before agreeing or signing a business tenancy. www.rics.org/uk/upholding-professional-standards/sector-standards/real-estate/code-for-leasing-business-premises-1st-ediction. Energy Performance Certificate – Available shortly.