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Industrial units for sale in Hitchin, Hertfordshire

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For Sale£875,000.00
Freehold investment comprising multi tenanted building arranged over 2 floors, currently producing GBP 75,735 per annum with further management potential to increase income.



(From Caldes Software. Property Ref: N9485. May 12 2018 11:07PM)
Knowl Piece Business Centre, Knowl Piece, Hitchin, SG4 0TY
Type: Land, Light Industrial, Office, Commercial Land, Industrial, Offices
Location: Knowl Piece Business Centre, Knowl Piece, Wilbury Way, Hitchin, SG4 0TY
Size: 250 - 11969.99 Sq Ft
Images: 2
Brochures: 1
View Property
For Sale£949,950.00
LOCATION

The attractive market town of Hitchin is located in North Hertfordshire close to Letchworth and approximately 4 miles west of Stevenage to which it is linked by the A405 dual carriageway via the A1 at Junction 9. This also links to the M1 at Luton. It is an attractive market town with a fast electrified train service to London Kings Cross (36 minutes)

HITCHIN

The property is located within the main commercial area accessed off Cadwell Lane (see directions below).

The estate comprises 6 units which are all owned on an individual basis. An estate plan is attached.

DESCRIPTION

A self-contained detached unit constructed of a steel frame with 2 bays with substantial full height cavity brickwork.

The property is approached from the rear with a car park and loading area and has an additional yard area behind which could be gated and made secure. The eaves height is approximately 5m and the clear height underneath the roof structure 4.25m.

There are fully fitted two-storey offices to the front previously used as a showroom area on the ground floor.

The owners have installed a mezzanine storage floor to the side of the offices providing useful additional space.

There are two full size loading doors to the rear.

The property is well fitted out and finished to a very high standard including a new sheet clad roofing system, LED lighting, Ambirad heating, filtered ducted air system in the production area and an extensive range of services and facilities.

The offices are fully fitted with new detailed glazed windows to the front and to the production area and could readily be extended if required.

The is a large yard area adjoining which could be gated if required.

APPROX. (GROSS INTERNAL) FLOOR AREAS

Ground Floor Warehouse/Production 6,808 sq ft
Showroom/Office/Ancillary 954 sq ft
First Floor Offices 954 sq ft
Total 8,716 sq ft

RATEABLE VALUE

Please see the Valuation Office Agency website (www.voa.gov.uk). Indicated assessment £29,250.

Rates payable 49.3% for the Y/e 31/03/2019 providing a useful low cost.

ENERGY PERFORMANCE CERTIFICATE

Category C (67).

TERMS

For sale on a 999-year lease at a fixed rent of £100 per annum.

Price £949,950.

A management company efficiently deals with shared estate matters and the annual cost is approx. £1,500. The insurance is undertaken on a block basis through the management company and the last invoiced cost was £1,241.

All terms are subject to VAT where applicable.

AVAILABILITY

Immediate on completion of legal formalities.

INSPECTION AND FURTHER INFORMATION

Please contact Davies & Co on 01707 274237.

NOTE

The particulars contained within this brochure are believed to be correct but their accuracy cannot be guaranteed and they are therefore expressly excluded from any contract.
Detached Industrial Workshop Premises with Secure Yard Area
Type: General Industrial, Warehouse, Distribution Warehouse, Light Industrial, Storage, Industrial
Location: Unit 1 Bilton Road, Hertfordshire, Hitchin, SG4 0SB
Size: 8716 Sq Ft
Images: 14
Brochures: 2
View Property
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