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Unit 1 Market Hall, Letchworth, SG6 3DN

£ 75,000 pa / 6,982 sq ft
Unit 1
Use Class

Use Class

E(a)

Size

Size

6,982 sq ft

Rent pa

Rent pa

£75,000

Retail unit within the heart of the town centre and Garden Square Shopping Centre.

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 and adjoining occupiers include Argos, Costa Coffee, Peacocks, Iceland, New Look and Card Factory. Wildwood are also fitting out their new unit at 1 Central Approach.

Key Information

Viewing

Strictly by appointment.

Accommodation

6,982 Sq.Ft

Ground & First Floor retail unit.

Areas
Sq.Ft
Sq.M
Ground Floor
5,066
470.63
First Floor
1,916
177.99

Financial

Lease Type

New Lease

Lease Term

A new full repairing and insuring lease is available for a term of years to be agreed, subject to five 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. Unit to be assessed upon occupation.

Costs

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

Incentive

Subject to Covenant status and lease length.

Service charge

The service charge for the year 2016 is £26,044 per annum plus insurance of £287 per annum plus VAT.

Tenure

Leasehold

Sustainability

Energy Performance Certificate

98

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 26/06/2019