Town centre office accommodation to let Could be split to provide smaller suites
( Agency Pilot Software Ref: 4758 )
Location
Stevenage is one of the major commercial centres within Hertfordshire and stands to the east of the A1(M) between junction 7 and 8 and approximately 30 miles north of Central London. Queensway Chambers is situated in the centre of the town adjacent to the main entrance to the Westgate Shopping Centre. The property benefits from being within walking distance of all the major retailers, the main bus station and the railway station, which provides excellent links to London King’s Cross and Moorgate (approximately 25 minutes). Luton Airport (12 miles), Stansted Airport (26 miles) and Heathrow International (44 miles) are conveniently located via the main national motorway network.
Accommodation
Queensway Chambers has its own private entrance and currently provides office accommodation over first and second floors.
The first floor is available to let. The approximate net useable areas provided is as follows:-
First Floor Office 3,000 sq ft (278.7 sq m )
Total net useable area 3,000 sq ft (278.7 sq m )
Our clients are able to offer the accommodation in its entirety or may consider splitting the floor to provide smaller office suites, subject to separate negotiation
Terms
Planning The accommodation is being used as offices, however, because of its visibility of the accommodation it may be suitable for other uses such as training or leisure. These would be subject to obtaining the necessary planning consent from the Local Authority.
Tenure Our clients are able to offer a new full repairing and insuring lease for a term to be agreed. Rental £13.50 per sq ft (£40,500 per annum).
Rates The current rating assessment for this area are split:- First Floor Right - £6,500 First Floor Left - £13,500 The UBR for 2018/19 is XXX in the £. 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.
Service Charge There is a service charge to cover the running costs of common parts. The current amount per annum is £25,200, which equates to £8.40 per sq ft. Building Insurance There is a building insurance premium for the property, which is circa £425 per annum.
Energy Performance Certificate (EPC) The asset rating is F-130, reference number: 9603-3049- 0348-0491-2195.
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
• Located in prime town centre position with excellent visibility
• Kitchen facility
• Male and female WC facilities
• Passenger lift
• To be refurbished