Monroe House, Works Road, Letchworth

DESCRIPTION

An impressive and distinctive detached modern facility constructed in the 1990's.

It stands in a self-contained site of approximately 2 acres with two access points from Works Road.

There are highly specified two storey offices with a central reception and entrance area.

To the rear and side is high specification single storey warehouse / light industrial accommodation.

First floor offices area and incorporate an attractive roof terrace area off which is a staff restaurant.

FEATURES

• Detached building in self-contained site.
• Highly individual building
• Smartly presented
• Attractive reception area
• Lift
• Raised access floors
• Comfort cooling an ventilation system
• Suspended ceilings with recessed LED lighting
• Kitchen and staff facilities
• Roof terrace
• High quality partitioning and fittings.
• Delivery and despatch area
• 4 loading doors
• Eaves height part 3.4m and part 4.1m

There are extensive onsite parking areas at the front, side and rear with capacity for extension.

LETCHWORTH

Letchworth is famous for being the world's first garden city and today retains its attractive landscaped ambience. It is a major business location situated in North Hertfordshire approx. 28 miles north of London and a short distance from both Stevenage and Hitchin.

Trunk road access is excellent with direct access to Junctions 9 and 10 of the A1(M). The A505 provides a fast link between the M1/Luton and Cambridge/M11/ East Anglia.  The A14 is easily accessible.

The M25 is approx. 15 miles south at J23 (South Mimms).

Luton Airport is approx. 11 miles and Stansted is 29 miles.

Letchworth offers a fast electrified train service to London Kings Cross / St Pancras (approx. 32 minutes) and Cambridge and the North.

Letchworth has moved with the times and the property adjoins the major new Business Park which includes a Sainsburys Superstore Retail Park and Letchworth Leisure Centre.

LOCATION

Monroe House occupies a prominent position fronting on to Works Road at the centre of the commercial area. All the extensive facilities of the town are therefore within easy reach.

APPROXIMATE FLOOR AREAS (GIA)

Ground Floor

offices 4,894 sq ft

Warehouse / Production 4,840 sq ft

Warehouse 5,594 sq ft

Delivery/Despatch 2,186 sq ft

Ground Floor Total 17,514 sq ft

First Floor

First Floor Offices 7,765 sq ft

Overall Total 25,279 sq ft

TERMS

Assignment of the leasehold interest from Letchworth Garden City Corporation for a term of 150 years from 29 September 1992.

Guide Price £4,250,000 + VAT.

RATEABLE VALUE

Please see the Valuation Office Agency website.

Indicated assessment £120,000.

Rates payable 51.2% for the y/e 31/03/2023.

AVAILABILITY

On completion of legal formalities.

INSPECTION

For further information please contact Mike Davies or Daniel Hiller of Davies & Co.

Unless otherwise stated all prices, rents or other stated costs are subject to VAT.

Under Anti-Money-Laundering Regulations we are required to obtain proof of identity for individuals and controlling Directors of companies on any sales or on lettings of more than €10,000 per month.

The Code of Practice on Commercial Leases recommends that you seek professional guidance before agreeing or signing a business tenancy.

Energy Performance Certificate: Category D (89)

The particulars contained within this brochure are believed to be correct but their accuracy cannot be guaranteed and they are therefore expressly excluded from any contract.