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Works Rd - City Business Centre 3,225 - 6,558 sq ft Industrial Units Offered at £650,000 - £1,250,000 Per Unit in Letchworth Garden City SG6 1FH
INVESTMENT HIGHLIGHTS
- Located on vast industrial estate
- Immediate connectivity to A1(M)
- Large yard space with parking
EXECUTIVE SUMMARY
The property is located at the north eastern end of Works Road within the principle commercial area. The most convenient access is from Baldock Road turning into Jubilee Road close to where the road runs under the A1(M) at Baldock and then turning right at the T Junction into Works Road. Letchworth Business Park comprises over 50 acres of modern office and production accommodation and includes a major Sainsbury's superstore, a leisure centre and retail park.
PROPERTY FACTS Sale Pending
| Total Property Size | 17,991 sq ft | Typical Floor Size | 16,503 sq ft |
| Property Type | Industrial | Year Built | 2002 |
| Property Subtype | Warehouse | Total Plot Size | 4.17 ac |
| Costar Property Class | B | Parking Allocation | 0.79/1,000 sq ft |
| Floors | 1 |
| Total Property Size | 17,991 sq ft |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | B |
| Floors | 1 |
| Typical Floor Size | 16,503 sq ft |
| Year Built | 2002 |
| Total Plot Size | 4.17 ac |
| Parking Allocation | 0.79/1,000 sq ft |
AMENITIES
- Yard
- Roller Shutters
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
2 UNITS AVAILABLE
Unit Unit 1
| Unit Size | 6,558 sq ft | Sale Type | Investment |
| Price | £1,250,000 | Tenure | Long Leasehold |
| Price Per sq ft | £190.61 | No. Parking Spaces | 4 |
| Unit Use | Industrial |
| Unit Size | 6,558 sq ft |
| Price | £1,250,000 |
| Price Per sq ft | £190.61 |
| Unit Use | Industrial |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| No. Parking Spaces | 4 |
DESCRIPTION
It is constructed of a steel portal frame providing clear space internally with an eaves height of approx. 5.9 m. There is a full height loading door providing access to the principle area alongside which are fully fitted two storey offices.
SALE NOTES
Available for sale on the basis of a 150-year ground lease from March 2000 at a peppercorn rent. Price £1,250,000 plus VAT. The property is currently let to Citysprint (UK) Ltd on a lease expiring 9/01/2026 at a rent of £64,000 per annum.
Unit Unit 2
| Unit Size | 3,225 sq ft | Sale Type | Investment |
| Price | £650,000 | Tenure | Long Leasehold |
| Price Per sq ft | £201.55 | No. Parking Spaces | 10 |
| Unit Use | Industrial |
| Unit Size | 3,225 sq ft |
| Price | £650,000 |
| Price Per sq ft | £201.55 |
| Unit Use | Industrial |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| No. Parking Spaces | 10 |
DESCRIPTION
It is constructed of a steel portal frame providing clear space internally with an eaves height of approx. 5.9 m. There is a full height loading door providing access to the principle area alongside which are fully fitted two storey offices.
SALE NOTES
Built in 2002 the property forms part of a small high quality modern development of four light industrial / warehouse units.
Interior Photo
Interior Photo
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Works Rd - City Business Centre
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