Location

The property is located within the principal industrial and commercial area of Hitchin, approximately 1 mile north of the town centre and within about ¾ of a mile from the mainline train station with regular services to both Cambridge and London King’s Cross. Furthermore, the A1(M) J8 is approximately 5 miles to the east.

Description

The property comprises a ground floor warehouse/light industrial area with a small proportion of office space. In addition, it benefits from:

• Roller shutter 1 = 3.8m wide x 3.5m high

• Roller Shutter 2 = 3.8m wide x 3.9m high

• Max height = 5.16m

• Approx 21 carparking spaces

• Forecourt loading

• WC facilities

• Additional 0.25 acre yard adjacent for lease by way of separate negotiations.

Terms

The property is available upon a new full repairing and insuring lease for £115,500 per annum exclusive, for a term to be agreed.

Rateable Value

The Rateable Value for the subject property is £50,500 (please note this is not rates payable).

Legal Costs

Each party to bear their own legal and professional costs.

VAT

Unless otherwise stated, all costs are exclusive of VAT.