DESCRIPTION Two office buildings and a modern store/workshop building, located in this very attractive rural location, yet in close proximity to London and with good communication links. The offices require refurbishment, but this can be suited to any incoming Tenants’ requirements (subject to negotiation).
Pleasant rural setting, yet close to London Landlord lives and works on site Ample parking Fibre broadband A1(M) – 1.5 miles M25 J23 – 2 miles St Albans – 6.5 miles London (Brent Cross) – 9 miles
Main Office – 872 sq.ft; £1,800 pcm Studio Office – 248 sq.ft; £650 pcm Workshop/Store – 1,312 sq.ft; £1,200 pcm
TERMS Flexible, but on a repairing and insuring basis and with the Security of Tenure Provisions of the Landlord & Tenant Act 1954 contracted out. A deposit equal to 3 months rent will be payable.
SERVICE CHARGE A service charge of £2/ft pa for the offices and £1/ft pa for the store/workshop would be payable to cover the cost of maintenance of common areas.
BUSINESS RATES A Rateable Value of £9,200 is currently set for the whole site. New RVs will be set once Tenants take occupation, but may be below the threshold to be able to apply for zero rates payable.
LEGAL COSTS The Tenant is responsible for the Landlord’s reasonable legal costs of £ 650 plus vat for the preparation of a Business Tenancy Agreement. £350 plus vat of this is payable in advance.
VIEWINGS Strictly by prior appointment and only after having completed a short Business Use questionnaire. The Landlord lives & works on site, so any use would have to fit in with their enjoyment of their surrounding property.
USE / EPC A planning application should be submitted for a change of use from the current use. An EPC rating of D has been give; the certificate is available on request.