162 Great North Road, Hatfield

ACCOMMODATION

The property is self-contained and freestanding in a very secure gated site.

It was an engineering works long used for the high-tech manufacture of components for jet engines (B2) and is in need of improvement.

Access is from the front (south) via short service road off Great North Road.  It is located immediately to the rear of the premises occupied by Isuzu.

It comprises a single manufacturing space constructed in 5 bays with single storey offices in an L-shaped plan at the front.

Each bay is a steel portal frame construction with a various eaves height of between 5.3 and 6.7m.

Loading access is on the east side next to the railway line with a yard area running the depth of the site off which there are doors into the various bays.

All main services are connected.

The property is capable of being adapted for a range of production or warehouse uses.

HATFIELD

Hatfield is strategically located at the intersection of the A1(M) and A414 approximately 6 miles north of the M25 at South Mimms (junction 23).

Together these provide a highly accessible location with a fast convenient access to the M25 via Hatfield Tunnel and east / west communications between the M1 at Hemel Hempstead / St Albans and the M11 at Harlow.

It offers easily accessibility to north London and the adjoining centres of Borehamwood, Potters Bar, St Albans, Welwyn Garden City, Hertford and Stevenage.

Hatfield Business Park has become a major regional commercial centre including headquarters occupiers Eisai, Affinity Water, Booker, Computacenter and Ocado and now major car dealerships for Porsche, Lamborghini, Bentley, McLaren, Aston Martin, Jaguar etc.

The University of Hertfordshire Hatfield is now the major employer in the town.

LOCATION

The property is superbly located just a short distance from J4 of the A1(M).  Access to Great North Road is from the A414 dual carriageway (linking to Hertford) roundabout next to the Tesco Superstore.

This is an established area of commercial development.   The adjoining corner site is occupied as a main dealership for Audi, Seat and Lexus and the UK HQ of commercial vehicle manufacturer Isuzu.

Hatfield mainline station (Kings Cross/St Pancras 26 minutes) is a convenient walk to the south.

Excellent staff facilities are provided by the adjoining Tesco Superstore and retail park and also the Birchwood local shopping area including a Co-op store.

APPROX (GIA) FLOOR AREAS

Singe storey offices              2,617 sq ft

Production Area                 19,170 sq ft

Total                                21,787 sq ft

Site area approx.: 0.81 acres

RATEABLE VALUE

Please see the Valuation Office Agency website.

To be independently assessed.

TITLE

The unencumbered freehold interest is being offered with vacant possession.

TERMS

Guide price £2.25m.

The property is subject to VAT.

TIMING

Immediate on completion of legal formalities.

INSPECTION

For further information please contact joint agents, Stuart Goldstein of SRG or Mike Davies / Daniel Hiller of Davies & Co.

NOTES:

Under Anti-Money-Laundering Regulations we are required to obtain proof of identity for individuals and controlling Directors of companies on any sales.

Energy Performance Certificate: Category E (116).

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.