Icknield Way, Letchworth Garden City, SG6

In Brief:

A warehouse / Industrial unit of about 12,023 Sq. Ft. (GIA) with 2 mezzanine floors. This modern unit is predominately open plan with good eve height and ideal for storage and distribution. Roller shutter door to the front and covered loading bay. Shared with other tenants this modern business premises forms part of a small development of similar styled units. Secure entry to site. Parking. Air conditioning (to offices), shared facilities, security entry systems and CCTV.

Communal entrance, toilet and kitchen facilities within the building shared with other tenants.

Allocated parking to the front and side of the building shared with other tenants in Unit 1.

Use: We believe the unit falls under B1 (Light industrial) now ‘E’.

Terms: Flexible terms available but we anticipate a lease in multiples of 3 to 5 years on internal repairing and insuring terms contracted outside of the ‘Landlord and tenants act’.

Rent: Paid quarterly in advance. Rent deposit required equivalent to a quarter’s rent.

Rent Reviews: To be agreed subject to the term of the lease and based on an upwards only rent geared to the CPI index.

Rates & Utilities: Payable by the tenants as a % of the space taken as a whole.

Security: The site is secured by an automated barrier for entry and exit to the site. The site also has 24hr CCTV coverage which the new tenant will be provided access to when or if needed.

Insurance: Landlord to insure the building and charge back as insurance rent. Tenants to arrange own contents insurance.

Repairs: Tenant responsible for all internal repairs and decoration to the demises of space taken and landlords fixtures and fittings with. Landlord to maintain and repair internal fixtures and fittings of shared areas and external parts of the property and grounds.

VAT: All fees and prices are quoted exclusive of VAT. In this instance VAT is applicable

Costs: Each party to pay their own legal costs.

EPC: TBC.

Viewings: By prior appointment through Satchells, telephone .

Referencing: A letting will be subject to satisfactory referencing taken up by the agent for which there is a non-refundable charge payable by the proposed tenants.

Agents Notes: This section forms part of a larger building and could be included with office suites subject to availability. See floorplan 2. Alternatively, the Landlord would consider a tenant creating internal office space withing the main warehouse subject to terms and planning consents being agreed.