4A Porters Wood, St. Albans, Hertfordshire, AL3 6PA

Property Details: • Type: Office • Tenure: N/A • Floor Area: 1780 sqft

Key Features: • Let on 2 leases producing £30,562.20 p.a • Rent growth pattern • Asset management opportunities • C EPC Rating • 3 parking spaces per floor

Location: • Nearest Station: St. Albans Station • Distance to Station: 1.463791269313968 miles

Agent Information: • Address: 33 - 35 Wellfield Road, Hatfield, AL10 0BY

Full Description: <b>Location</b><br /><br />The property is located in the Porters Wood commercial area which is on the Harpenden side of St. Albans. Access from Beach Avenue the St. Albans ring road system.<br /><br />The cathedral town of St Albans is an extremely popular commercial location. Communications are superb being within close proximity to junctions of M1, M25 and A1(M).<br /><br />St Albans has a very attractive town centre with an excellent rail service to London St Pancras (approx. 21 minutes) and via Thameslink to Gatwick and the south coast. <br /><br />Luton airport is conveniently close and Heathrow and Stansted are easily accessible.<br /><br /><b>Description</b><br /><br />Attractive and unusual office investment opportunity<br /><br />High quality building in a modern development<br /><br /><b>Accommodation Text</b><br /><br />This is part of a very attractive modern two-storey campus office development comprising 34 individual buildings and suites built in a modern prestigious architectural style. <br /><br />The whole development sits in an attractive landscape site. There are communal toilets on each floor.<br /><br />The building which forms part of a larger block comprises two open-plan office suites on ground and first floor.<br /><br />Features include:<br /><br />* Fully accessible raised floors.<br />* VRV air-conditioning.<br />* Recessed fluorescent lighting.<br />* Double-glazing and carpeting.<br />* Kitchenette.<br /><br /><br />The property is for sale on a freehold basis subject to the occupational leases referred to.<br /><br />Guide price £447,500 + VAT.<br /><br /><br />The ground floor is let to DCIB Limited on a term expiring 21 October 2031. The first floor is let to M&R Insights on a term expiring 28 July 2027. The outline of both leases is behind.<br /><br />A credit report for both companies are available on request.<br /><br />Unless otherwise stated all prices, rents or other stated costs are subject to VAT.<br /><br />The Code of Practice on Commercial Leases recommends that you seek professional guidance before agreeing or signing a business tenancy. <br /><br /><b>Legal Costs</b><br /><br />Each party to cover their own legal costs. <br /><br /><b>EPC</b><br /><br />TBC <br /><br /><b>Viewing</b><br /><br />For further information please contact Daniel Hiller (d. ) or Clay Davies (c. ) or telephone .