Location

Stotfold is a village in Central Bedfordshire. Major nearby towns include Letchworth and Baldock to the south and Biggleswade to the north. The village benefits from good connectivity. The A1(M), being circa 1-mile away, is accessible from the village via the A507. Furthermore, neighbouring village Arlesey is served by a train station. The property is situated at Bury Farm, an attractive office development to the east of the village, off Mill Lane. Bury Farm consists of 11 former agricultural buildings that have been subject to conversion to office accommodation in the early 2000’s.

Description

Unit 11 is arranged over ground and first floor, totalling 2,540 SqFt (236 m²). The building retains many of its original features including timber beams and exposed brick walls, although provides for the modern working environment

The property has been heavily partitioned and will likely require a level of refurbishment prior to occupation. Consideration will therefore be given to a tenant incentive, i.e. rent free period (subject to contract).

·         Wood effect flooring.

·         Suspended ceiling.

·         CAT II lighting and LED spotlighting.

·         Skirting trunking.

·         Kitchenette.

·         WC facilities (including disabled).

·         12 parking spaces.

 

Terms

The property is available upon a new Full Repairing & Insuring Lease (FRI) for £25,275 per annum exclusive. The estate charge is approximately £360 per month.

Rateable Value

The Rateable Value for the subject property is £37,750 (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 subject to VAT at the appropriate rate, if applicable.