The property is situated on an industrial estate, which is located approximately two miles to the north side of the City Centre, off the B651, St Albans Road. St Albans is a prosperous and historic market town, strategically situated some twenty miles north west of central London. The city enjoys excellent road and rail communications with the M25 (J21A), M1 (J6) and A1(M)(J3) motorways all within approximatly six miles distance. St Albans mainline railway station provides for rapid access to St Pancras International (approximate travelling time twenty minutes).
LOCATION
The property is situated on an industrial estate, which is located approximately two miles to the north side of the City Centre, off the B651, St Albans Road. St Albans is a prosperous and historic market town, strategically situated some twenty miles north west of central London. The city enjoys excellent road and rail communications with the M25 (J21A), M1 (J6) and A1(M)(J3) motorways all within approximately six miles distance. St Albans mainline railway station provides for rapid access to St Pancras International (approximate travelling time twenty minutes).
DESCRIPTION
Warehouse/Office To Let
LEASE
The premises are being offered by way of a new lease, on terms to be agreed subject to agreement with the Landlord company.
RENT
The rent is £47,500 per annum exc. VAT
ACCOMMODATION
The approximate net internal floor area is 316.41 m² excluding WC.
SERVICE CHARGES/INSURANCE Estate charge - £3,300 PA inc VAT
Building service charge - £5,400 PA inc VAT
Building insurance for the period 30/04/24 to 29/04/25 - £3,200
BUSINESS RATES
We have checked the VOA website and the rateable value stated is as below:
Rateable Value £33,500 – April 2023
LEGAL COSTS
Each party to be responsible for their own legal costs in connection with this matter.
NON DOMESTIC ENERGY PERFORMANCE CERTIFICATE (NDEPC)
E115
VAT
The property is elected for 20% VAT on income.
