The premises comprise a ground floor unit with an extensive frontage to Shenley Road.
( Agency Pilot Software Ref: 5326 )
Location
The subject property is situated in the prime stretch on Shenley Road located adjacent to The Works and Gilberts Chemist whilst being close to Wenzels, Santander, Nationwide, Specsavers, Card Factory and Holland & Barrett. The property benefits from being located near to Borehamwood Shopping Park anchored by M&S, Lidl, Boots, Aldi, Next, Argos and Sports Direct. The scheme provides 214,000 sq ft of retail space and 580 free car parking spaces attracting a large number of shoppers to the area.
Accommodation
Ground floor sales area 588.99 Sq. m
The Landlord would consider splitting the unit to create two lock up shops.
Ground floor ancillary 210.33 Sq. m
Terms
Lease New lease for a term to be agreed subject to 5 yearly upwards only rent reviews
Planning With effect from 1 September 2020, Class E of the Town & Country Planning Use Class Order which includes all Class uses whether A1, A2 and A3 of the former Use Class Order.
Rates Due to the pandemic there is ongoing Government support during 2021/22. Prior to that the VOA website shows a Rateable Value of £XXX Please refer to the Local Charging Authority, Hertsmere Borough Council – 020 8207 2277 for a guide as to the rates payable from 1st April 2021
Legal costs Each party are to be responsible for their own legal costs incurred in this transaction.
Service charge There is an annual service charge payable on this property. The budget payment for the year to 31st March 2021is £XXX plus VAT (if applicable).
Specification
- Close proximity to Borehamwood Shopping Park
- Prime pitch & busy parade.
- Potential to split the unit to create two shops.