savills.co.uk

18 JUBILEE TRADE CENTRELetchworth Garden City, Hertfordshire, SG6 1SP

FOR SALE INDUSTRIAL/WORKSHOP UNIT

Key Highlights• Industrial/workshop Unit- 2,528 SQ FT

(234.8 SQ M)

• Situated within the towns principal industrial area

• Less than a mile from the Town Centre

• Property provides industrial warehouse/production/storage space

• Loading/parking area to front elevation

• WC and kitchen facility to mezzanine level

SAVILLS BIRMINGHAM55 Colmore RowBirmingham B3 2AA

+44 (0) 121 634 8484

ON BEHALF OF S GIRLING & M THOMPSON AS JOINT LIQUIDATORS OF BBW LAW LLP

ContactEthan O’Brien+44 (0) 7814 075 296ethan.obrien@savills.com

Vicky White+44 (0) 7980 862 339vicky.white@savills.com

IMPORTANT NOTICEMaps are reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100022432 Savills (UK) Ltd, published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.

Savills, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.

Designed and Produced by Savills Marketing: 020 7499 8644 | October 2020

LocationThe premises are situated in Letchworth Garden City within North Hertfordshire, adjacent to junction 9 of the A1(M). To the south of the premises the M25 provides access to the national motorway network and to the north the A14 connects to the M1, M6 and east coast ports.

Letchworth train station provides direct services to London Kings Cross (approximately 45 minutes).

The property is located within the popular and established Jubilee Trade Centre industrial area and accessed from Jubilee Road and the B656 Letchworth Road.

DescriptionThe unit provides terraced industrial accommodation with a loading/parking area to the front elevation and vehicular access via a folding shutter door.

Accommodation

SQ FT SQ M

Ground Floor 1,649 153.2

First Floor 878 81.6

TOTAL AREA 2,528 234.8

Features• Three Phase Power Supply

• Gas air blower

• Folding loading door 3.7m high x 3.01m wide (9’8” x 13’)

• WC and kitchen facilities to mezzanine floor

• Min eaves height 4.32m (14’)

• Strip lighting

• Folding shutter door

Tenure The property is held long leasehold via a lease dated 10 August 1984 for a 125 year term (less seven days) at a peppercorn rent.

We understand that the management service charge for the current period is £79.32 (inclusive of VAT), albeit this is subject to regular review.

Guide Price This long leasehold interest is being marketed with offers invited in excess of £195,000.

RatesWe understand from the valuation office agency website (www.voa.gov.uk), that the Rateable Value is £6,700. The UBR for 2020/21 is 49.9p in the £. Rates payable may be subject to transitional arrangements and/or small business relief, which should be verified with the charging authority. Assessment may be subject to appeal.

Energy Performance Certificate (EPC)The EPC rating of the unit is F (149). A copy of the EPC is available on request.

ImportantThe services, fixtures, fittings, appliances and other items of equipment referred to have not been tested and therefore no warranty can be given in respect of their condition. Prospective purchasers should satisfy themselves as to their condition.

The property is being marketed for sale on behalf of the joint liquidators and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Liquidators to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Liquidators are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

VATUnless otherwise stated, all prices quoted are exclusive of Value Added Tax, which may be charged in addition. Confirmation on the VAT position is awaited.