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For Sale£949,950.00

Self-Contained Industrial Premises

General Industrial, Industrial , 8716 Sq Ft
Property type: General Industrial, Industrial
Tenure: For Sale Freehold
Size: 8716 Sq Ft
Price: £949,950.00
Location: Self-Contained Industrial Premises, Unit 1 Bilton Road, Hertfordshire, Hitchin, SG4 0SB

A fully 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 currently used as a showroom area on the ground floor.

The present occupiers have installed a mezzanine storage floor at the rear on one of the bays and 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.

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.

Accommodation

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

Mezzanine floors - 1,976 sq ft

Terms

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

Price £949,950.

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

Rates payable 47.9% for the Y/e 31/03/2018 providing a useful low cost.

ENERGY PERFORMANCE CERTIFICATE - To be confirmed.

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.

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