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Works Rd - City Business Centre 3,225 - 6,558 SF Industrial Condo Units Offered at $875,574 - $1,683,796 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 Building Size | 17,991 SF | Typical Floor Size | 16,503 SF |
| Property Type | Industrial | Year Built | 2002 |
| Property Subtype | Warehouse | Lot Size | 4.17 AC |
| Building Class | B | Parking Ratio | 0.79/1,000 SF |
| Floors | 1 |
| Total Building Size | 17,991 SF |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 16,503 SF |
| Year Built | 2002 |
| Lot Size | 4.17 AC |
| Parking Ratio | 0.79/1,000 SF |
AMENITIES
- Yard
- Automatic Blinds
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
2 UNITS AVAILABLE
Unit Unit 1
| Unit Size | 6,558 SF | Sale Type | Investment |
| Price | $1,683,796 | Tenure | Long Leasehold |
| Price Per SF | $256.75 | No. Parking Spaces | 4 |
| Condo Use | Industrial |
| Unit Size | 6,558 SF |
| Price | $1,683,796 |
| Price Per SF | $256.75 |
| Condo 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 SF | Sale Type | Investment |
| Price | $875,574 | Tenure | Long Leasehold |
| Price Per SF | $271.50 | No. Parking Spaces | 10 |
| Condo Use | Industrial |
| Unit Size | 3,225 SF |
| Price | $875,574 |
| Price Per SF | $271.50 |
| Condo 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
Presented by
Works Rd - City Business Centre
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