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Jubilee Rd 3,115 - 3,467 SF Flex Condo Units Offered at $513,115 - $682,785 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 Building Size | 81,715 SF | Typical Floor Size | 40,858 SF |
| Property Type | Industrial | Year Built | 1961 |
| Property Subtype | Service | Lot Size | 12.93 AC |
| Building Class | C | Parking Ratio | 0.49/1,000 SF |
| Floors | 2 |
| Total Building Size | 81,715 SF |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 40,858 SF |
| Year Built | 1961 |
| Lot Size | 12.93 AC |
| Parking Ratio | 0.49/1,000 SF |
Amenities
- Yard
- Automatic Blinds
2 Units Available
Unit 17
| Unit Size | 3,115 SF | Condo Use | Flex |
| Price | $513,115 | Sale Type | Owner User |
| Price Per SF | $164.72 | Tenure | Long Leasehold |
| Unit Size | 3,115 SF |
| Price | $513,115 |
| Price Per SF | $164.72 |
| Condo Use | Flex |
| Sale Type | Owner User |
| 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 SF | Condo Use | Flex |
| Price | $682,785 | Sale Type | Investment or Owner User |
| Price Per SF | $196.94 | Tenure | Long Leasehold |
| Unit Size | 3,467 SF |
| Price | $682,785 |
| Price Per SF | $196.94 |
| Condo Use | Flex |
| Sale Type | Investment or Owner User |
| 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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