| Property Type | Development / Industrial / Warehouse |
| Tenure | For Sale |
| Size | 7,683 sq ft |
| Price | £1,750,000 |
| Business Rates | Interested parties are advised to contact the Local Authority. |
| VAT | Applicable |
| Energy Performance Rating | Upon enquiry |
The property is situated on Porters Wood, a well established road in the well-known Spring Valley Business Area, approximately one mile north of St Albans city centre. The premises benefits from excellent motorway connectivity with the M1 to the east, M25 to the south and A1 to the east all within approx. 7 miles of the premises providing access to Central London and surrounding areas.
A1(M) (Junction 3) - 5.5 miles
M25 (Junction 21a) - 5.5 miles
M1 (Junction 9) - 6.5 miles
A414 – 4.4 miles
Source: Google Maps
The site comprises a detached warehouse / industrial unit which is arranged with ground and first floor offices to the front, with open plan warehouse located to the rear. The warehouse area is of steel truss construction to a pitched roof, with access provided via a secure gated side yard leading to a covered loading canopy. The unit benefits from 3 phase power, a minimum eaves height of 3.1m and an unused basement space. Ample parking is located to the front elevation.
Freehold.
We understand there are a number of short-term tenancies in place generating a rental of approx. £37,566 per annum, which can sold with the property or full vacant possession can be offered.
The site benefits from planning permission (Under ref: 5/2005/2228) for the construction of 8 new hi-tech units (approx. 1,500 sq ft each), with associated parking. Further details available via the St. Albans & City District Council website.
All measurements are approximate and measured on a gross internal area basis.
| Description | sq ft | sq m |
|---|---|---|
| Warehouse | 5,349 | 496.94 |
| Ground Floor Office | 1,167 | 108.42 |
| First Floor Office | 1,167 | 108.42 |
| TOTAL | 7,683 | 713.77 |
| Approx. Mezzanine Storage | 5,349 | 496.94 |
| Approx. Basement Space | 349 | 32.42 |
None of the amenities have been tested by Telsar.
