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23/25 Commerce Way 33 Commerce Way, Letchworth, SG6 3DN

£ 62,500 pa / 1,754 sq ft
23/25 Leys Avenue, Garden Square Shopping Centre - Picture 3
23/25 Leys Avenue, Garden Square Shopping Centre - Picture 4
Use Class

Use Class

E(a)

Size

Size

1,754 sq ft

Rent pa

Rent pa

£62,500

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-story car park.

Within the scheme nearby and adjoining occupiers include Dorothy Perkins, Boots, Bon Marche, New Look and Card Factory. Latest lettings include Wildwood & CEX.

The subject unit occupies a prime location at the main entrance to Garden Square adjacent to Esquires and opposite Halifax and WH Smith..

Key Information

Viewing

Strictly by appointment.

Accommodation

1,754 Sq.Ft

Areas
Sq.Ft
Sq.M
Ground Floor
2,362
219.42

Financial

Lease Type

New Lease

Lease Term

Available by way of a new lease for a term to be agreed, with 5 yearly upward only rent reviews.

Rent

Rent is exclusive of rates, insurance and VAT (if applicable).

Rates

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

Costs

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

Service charge

The service charge for the year 2016/2017 is £13,384 per annum plus insurance of £122 per annum plus VAT.

Tenure

Leasehold

Rates

Rateable Year:
2016
Rateable Value:
£37,500.00
Rates payable:
£18,638.00
UBR:
49.7p/£

Sustainability

Energy Performance Certificate

149

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 12/10/2021