Lightning House, Frobisher Way, Hatfield, AL10 7TY – Detached Modern Warehouse / Production Facility

ACCOMMODATION

A detached modern warehouse/production building standing in a self contained site with 47 parking spaces.

The single bay portal frame warehouse incorporates 2-storey ancillary offices with an added front large covered yard area for ancillary storage and loading created at the front.

The main warehouse has an eaves height of approximately 7.0m rising to 8.2m at the apex.  There are 2 electric front-loading doors each 4.0m wide by 5.4m high.  It is provided with LED lighting but no heating.

There are 2 linked mezzanine storage areas.

The front covered area has been constructed over part of the concrete loading surface and has an eaves height of approximately 6.3m and also has linked stores incorporating a mezzanine.

The 2-storey fully fitted ancillary offices comprise a reception and open-plan office space at ground and first floor levels which are currently partly partitioned.

HATFIELD BUSINESS PARK

Hatfield Business Park has become the premier location for commercial businesses in central Hertfordshire.

This is an extremely impressive development offering a range of headquarters office, research, warehouse and industrial buildings plus one of the two main campuses of the highly regarded University of Hertfordshire and also now multiple prestige car dealerships.

Major occupiers include Ocado, Booker, Royal Mail, ComputaCentre, Affinity Water, Esai, Porsche, McLaren and Yodel.

The park is superbly located between junctions 3 and 4 of the A1(M) (linked by a tunnel) 6 miles north of the M25 at junction 23 (South Mimms).  The A414 dual carriageway provides fast east / west connections.

Hatfield station provides a fast electrified service to London Kings Cross / St Pancras / Moorgate, Europe's major transport hub.

LOCATION

The property is in a prime position in the centre of the Park adjoining major distribution premises occupied by Royal Mail, Yodel, Booker, ComputaCentre or Ocado.

CAR PARKING

47 spaces

SITE AREA

Approx 1.0 acres.

APPROX. (GROSS INTERNAL) FLOOR AREAS

Main warehouse 11,711 sq ft

Ground floor offices 1,328 sq ft

First floor offices 1,328 sq ft

Total 14,367 sq ft

Covered yard area and stores 7,720 sq ft

Attached stores 2,202 sq ft

Total 9,922 Sq Ft

Overall Total 24,289 sq ft

Plus mezzanines

Warehouse 3,365 sq ft

Stores 2,023 sq ft

Total 5,388 sq ft

Combined Total 29,677 sq ft

TERMS

The property is available on a new lease for a term to be agreed at a rent of £250,000 pa.

In addition to the rent the tenant will be responsible, in the usual way, for the payment of utilities, estate service charge, rates and reimbursement of the landlord's building and third party liability insurance premium.

RATEABLE VALUE

According to the VOA website, the rateable value is £230,000.  The amount payable determined by multiplying with the UBR (currently 51.2%) for 2023/24.

The property is elected for VAT.

AVAILABILITY

Immediate following completion of legal formalities.

INSPECTION

For further information please email Mike or Daniel Hiller at Davies & Co.

NOTES:

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 (78).

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.