The property is located in The Arcade, a covered shopping area connecting Station Road with the prime retail area of Leys Avenue.
The property comprises of a self-contained retail area with storeroom/office at rear along with WC facilities. The first-floor accommodation provides extra retail/storage accommodation.
( Agency Pilot Software ref: 15685 )
Location
Letchworth was the World’s first Garden City founded in 1903. It is in North Hertfordshire approximately 32 miles north of London. The town has direct access to the A1(M), which offers links to the M25, 20 minutes to the south. Letchworth mainline railway station provides a fast service to London King’s Cross (36 minutes) and is well located for the international airports at both Luton and Stansted.
Accommodation
698 SQ FT (64.84 SQ M)
Terms
Tenure Our clients can offer a new full repairing and insuring lease for a term to be agreed. Rental £10,500 per annum, exclusive.
Rates We understand from the Valuation Office Agency website (www.voa.gov.uk) that the rateable value is £5,800. The UBR for 2024/25 is 54.6p 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 The current service charge for 2024/25 is £3,564 plus VAT. This figure includes buildings insurance.
Energy Performance Certificate (EPC) The Asset Rating is E-107 expiring on 12th August 2025, reference number: 0994-9789-4030-0000-6503.
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.
Important The services, fixtures, fittings, appliances and other items of equipment referred to have not been tested by this firm and therefore no warranty can be given in respect of their condition.
Prospective tenants/purchasers should satisfy themselves as to their condition.
Specification
• Air conditioning/heating units
• Single phase power supply
• Large water tank for hot water supply
• Rear storeroom/office
• Kitchen to first floor
• Presented in great condition