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Units 1 & 2 Mead Business Centre, Mead Lane

Hertford, SG13 7BJ

Units 1 & 2 Mead Business Centre, Mead Lane, Hertford, Industrial For Sale - P1050385.JPG
Units 1 & 2 Mead Business Centre, Mead Lane, Hertford, Industrial For Sale - P1050391.JPG
Units 1 & 2 Mead Business Centre, Mead Lane, Hertford, Industrial For Sale - P1050392.JPG
Units 1 & 2 Mead Business Centre, Mead Lane, Hertford, Industrial For Sale - P1050378.JPG
Units 1 & 2 Mead Business Centre, Mead Lane, Hertford, Industrial For Sale - P1050385.JPG
Units 1 & 2 Mead Business Centre, Mead Lane, Hertford, Industrial For Sale - P1050391.JPG
Units 1 & 2 Mead Business Centre, Mead Lane, Hertford, Industrial For Sale - P1050392.JPG
Units 1 & 2 Mead Business Centre, Mead Lane, Hertford, Industrial For Sale - P1050378.JPG
Property Type Industrial
Tenure For Sale
Size 9,659 sq ft
Price £2,000,000 Guide Price
Business Rates According to The Valuation Office Agency website www.voa.gov.uk the Rateable Value is £91,500. Applicants are encouraged to check with the relevant local authority to confirm the rates payable for the current financial year.
Service Charge c.£1,000 per annum
Energy Performance Rating This property has been graded as E

Industrial/Warehouse Units

Key Points

  • 7m eaves height
  • 36 allocated parking spaces
  • 3 loading doors
  • First floor offices
  • LED lighting

Description

The property comprises two intercommunicating industrial/warehouse units with ancillary first floor offices.

The premises is of a steel portal frame construction with part brickwork and part profile steel clad elevations. The warehouse/factory component benefits from 7m eaves height with access via 3 loading doors.

The first floor offices are fitted and benefit from gas fired central heating to radiators, double glazed windows and LED lighting.

Externally the property benefits from excellent loading and a very generous 36 allocated parking spaces.

Available area

The accommodation comprises the following areas:

Name sq ft sq m
Ground 7,193 668.25
1st 2,466 229.10
Total 9,659 897.35

Location

The property is prominently situated with frontage to Mead Lane. Mead Lane comprises one of the main industrial areas within Hertford.

The building is within easy walking distance of Hertford town centre with its wide range of retailers, service providers and eateries. Hertford East station serving London’s Liverpool Street via Tottenham Hale is also within walking distance.

Hertford is the county town of Hertfordshire and is situated to the east of the A10 which services London to the south and Cambridge to the north. The A414 offers excellent road links to the M11 to the east and the A1 to the west.

Terms

The property is held on the residue of a 999 year lease at a fixed peppercorn ground rent.
In addition the owner will become a shareholder of the management company for the scheme which owns the freehold of the development and administers the service charge.