Property Description
Former farm units that could be used for Business Purposes. They are available as 2 units or as a whole. They have electric roller shutter doors. 3-phase electricity and water is available. A W.C. is in Shed A.
- Pleasant rural setting
- Landlord lives & works on site
- Allocated parking
- 3-phase electricity
- Radlett – 1.5 miles
- M1 J5 – 2.5 miles
- Watford – 3 miles
- M25 J21a – 3 miles
- London (Brent Cross) – 12 miles
TOTAL SIZE – 7,121 sq.ft
SHED A – 4,613sq.ft 29.99m x 14.29m Eaves 7.28m
SHED B – 2,508sq.ft 30.46m x 7.65m Eaves 6.19 rising to 6.85m
RENT: TOTAL £5,985 pcm exclusive
SHED A £3,875 pcm exclusive
SHED B £2,250 pcm exclusive
TERMS
Flexible, but on an insuring basis and with the Security of Tenure Provisions of the Landlord & Tenant Act 1954 contracted out. A deposit equal to 3 months rent will be payable. References will be required.
BUSINESS RATES
Currently with a Rateable Value of £36,250 for the whole, about 50% of this being the Rates Payable.
The RV for Shed A in isolation is likely to be £23,500 and for Shed B is likely to be £12,500 (small business rate relief should be available for this element).
VIEWINGS
Strictly by prior appointment and only after having completed a short Business Use questionnaire. The Landlord lives & works on site, so any use would have to fit in with their enjoyment of their surrounding property.
LEGAL COSTS
The Tenant is responsible for the Landlord’s reasonable legal costs of £950 plus vat for the preparation of a Business Tenancy Agreement and undertaking Tenant checks. £550 plus vat of this is payable in advance.
TENANT CHECK
As part of the letting process, Weldon Beesly undertake due diligence checks on the Tenant. Where the Tenant is a Company, checks will also need to be taken on the beneficial owner/s.
