Welwyn Garden City (28 mins to London King’s Cross)
Air
London Luton Airport
Situation
The property is situated in a prominent corner location on the western side of Fretherne Road within Welwyn Garden City centre. The property is situated approximately 100 metres from Howard Shopping Centre which houses retailers such as Next, Boots, W H Smith, Marks & Spencer and Top Shop. Other nearby occupiers include Argos, Domino’s Pizza, KFC, Iceland, Costa Coffee and Co-Op Travel.
Tenure
Freehold.
Location
Miles
7 miles west of Hertford, 10 miles south of Stevenage, 24 miles north of Central London
Welwyn Garden City (28 mins to London King’s Cross)
Air
London Luton Airport
Situation
The property is situated in a prominent corner location on the western side of Fretherne Road within Welwyn Garden City centre. The property is situated approximately 100 metres from Howard Shopping Centre which houses retailers such as Next, Boots, W H Smith, Marks & Spencer and Top Shop. Other nearby occupiers include Argos, Domino’s Pizza, KFC, Iceland, Costa Coffee and Co-Op Travel.
Tenure
Freehold.
Description
The property comprises two retail units which have been arranged to provide one large unit currently used as a hair salon with first floor storage accommodation.
NB. 46 Fretherne Road is being offered as Lot 14 in this catalogue.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises two retail units which have been arranged to provide one large unit currently used as a hair salon with first floor storage accommodation.
NB. 46 Fretherne Road is being offered as Lot 14 in this catalogue.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
No.
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reviews
38
Ground First
Retail Storage
61.87 sq m 41.84 sq m
(666 sq ft) (515 sq ft)
INDIVIDUALS T/A ACADEMY HAIR
15 years from 24/06/2008 until 23/06/2023 on a full repairing and insuring lease (1)
£21,500
24/06/2013 and 24/06/2018
40
Ground First
Retail Storage
61.87 sq m 40.51 sq m
(666 sq ft) (436 sq ft)
INDIVIDUALS T/A ACADEMY HAIR
15 years from 24/06/2008 until 23/06/2023 on a full repairing and insuring lease (1)
£21,000
24/06/2013 and 24/06/2018
Totals
205.68 sq m
(2,283 sq ft)
£42,500
(1) The lease provides a tenant’s option to determine on the tenth anniversary of the term.