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Jubilee Rd 3,115 - 3,467 sq ft Light Industrial Units Offered at £375,000 - £499,000 Per Unit in Letchworth Garden City SG6 1SP
INVESTMENT HIGHLIGHTS
- 1.3 miles to Letchworth Garden City
- Direct access to the A1(M)
- Great local amenities
EXECUTIVE SUMMARY
Letchworth is a major commercial centre with a wide range of manufacturing and distribution companies. It is located in North Hertfordshire approximately 30 miles north of London adjoining junction 9 of the A1(M). The A505 passes through the town providing an east/west link between the M1 and the airport at Luton and East Anglia via Royston. The town centre provides a range of shopping and leisure facilities and a fast electrified train service to London Kings Cross. The property is located towards the centre of the established trade centre.
PROPERTY FACTS
| Total Property Size | 81,715 sq ft | Typical Floor Size | 40,858 sq ft |
| Property Type | Industrial | Year Built | 1961 |
| Property Subtype | Service | Total Plot Size | 12.93 ac |
| Costar Property Class | C | Parking Allocation | 0.49/1,000 sq ft |
| Floors | 2 |
| Total Property Size | 81,715 sq ft |
| Property Type | Industrial |
| Property Subtype | Service |
| Costar Property Class | C |
| Floors | 2 |
| Typical Floor Size | 40,858 sq ft |
| Year Built | 1961 |
| Total Plot Size | 12.93 ac |
| Parking Allocation | 0.49/1,000 sq ft |
AMENITIES
- Yard
- Roller Shutters
2 UNITS AVAILABLE
Unit 17
| Unit Size | 3,115 sq ft | Unit Use | Light Industrial |
| Price | £375,000 | Sale Type | Owner Occupier |
| Price Per sq ft | £120.39 | Tenure | Long Leasehold |
| Unit Size | 3,115 sq ft |
| Price | £375,000 |
| Price Per sq ft | £120.39 |
| Unit Use | Light Industrial |
| Sale Type | Owner Occupier |
| Tenure | Long Leasehold |
DESCRIPTION
The property comprises of a single storey production / warehouse unit with front loading and parking. There is a large first floor open plan office incorporating kitchen and toilet accommodation. 3-phase power distribution and lighting are provided. There is a loading door at the front measuring 2.95 wide x 4.00 high.
SALE NOTES
The property is available for sale on the basis of a 125-year lease at a nil rent from 10 August 1984. Price £400,000. Further details on request. All terms are subject to VAT where applicable.
Interior
Unit Units 11-12
| Unit Size | 3,467 sq ft | Unit Use | Light Industrial |
| Price | £499,000 | Sale Type | Investment or Owner Occupier |
| Price Per sq ft | £143.93 | Tenure | Long Leasehold |
| Unit Size | 3,467 sq ft |
| Price | £499,000 |
| Price Per sq ft | £143.93 |
| Unit Use | Light Industrial |
| Sale Type | Investment or Owner Occupier |
| Tenure | Long Leasehold |
DESCRIPTION
A steel frame production / warehouse building located just o Jubilee Road. The warehouse / production area provides a fully furnished space with LED lighting throughout and a small toilet and kitchenette block conveniently located in the rear right corner. The clear headroom is approx. 4.31m. There is a folding loading door of 3.92m high and 3.01m wide. The property has recently been refurbished with repainted doors and walls and modern LED lighting.
SALE NOTES
Available for sale on a 86 year unexpired ground lease at a peppercorn rent. Long leasehold. Price £499,000. No VAT payable. Alternatively the property is available on a new lease for a term to be agreed. Rent £45,000
Interior
Presented by
Jubilee Rd
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