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25 Commerce Way Commerce Way, Letchworth, SG6 3DN

£ 35,000 pa / 1,350 sq ft
25 Commerce Way, Garden Square Shopping Centre - Picture
Use Class

Use Class

E(a)

Size

Size

1,350 sq ft

Rent pa

Rent pa

£35,000

The subject unit is centrally located adjacent to Iceland Frozen Foods and opposite Specsavers, Poundland and Costa Coffee.

Letchworth Garden City is a thriving New Town in Hertfordshire situated 8 miles north of Stevenage and 23 miles south of Bedford. With a population of 34,000 persons Letchworth has a sizeable retail offering, dominated by the Garden Square Shopping Centre which comprises 165,000 sq ft of retail accommodation. It is the prime retailing destination benefitting from an adjoining 400 space multi-storey car park. Within the scheme nearby occupiers include Dorothy Perkins, Boots, Peacocks, Argos, Bon Marche, New Look and The Body Shop.

Key Information

Viewing

Strictly by appointment.

Accommodation

1,350 Sq.Ft

The unit provides the following approximate net internal floor areas:-

Areas
Sq.Ft
Sq.M
Ground Floor
858
79.7
First Floor
492
45.7

Financial

Lease Type

New Lease

Lease Term

A new effectively full repairing and insuring lease for a term of 10 years subject to 5 yearly upward only rent reviews.

Rent

Subject to contract, rental offers are invited in the region of £35000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

We are verbally informed by the Local Rating Authority that the premises have been assessed for rating purposes as shown above. Interested parties are advised to make their own enquiries to the Local Authority.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Service charge

£5120

Tenure

Leasehold

Rates

Rateable Year:
2019
Rateable Value:
£38,500.00
Rates payable:
£18,903.00

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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This was last updated on 15/03/2024