116 Oaks Cross
Location
Stevenage is an expanding town adjacent to the A1(M), between junctions 7 and 8 and approximately 16 miles north of the M25. To the north, the A14 at Huntingdon provides direct access to the M1/M6, northwest and east coast ports.
Stevenage has a population of 89,500 (2021 Census) and has excellent mainline railway connections with London Kings Cross (20 minutes travel time) and two international airports within the vicinity at Luton (12 miles) and Stanstead (25 miles).
The subject property is located within the Broadwater area of Stevenage, approximately 2.3 miles from the Town Centre.
Description
The property comprises a self-contained lock-up retail unit with a kitchen, WC and store at the rear of the property. There is free customer parking immediately outside the shop.
Accommodation
The approximate net useable areas are as follows:
| Retail Area | 503 sq. ft | 46.76 sq. m |
|---|---|---|
| Rear Store | 78 sq. ft | 7.23 sq. m |
| Total net useable area | 581 sq. ft | 53.99 sq. m |
Features
- Single phase power
- Electric security shutter
- Kitchen
- WC
- Rear store
- Free customer parking close-by
Lease
We are able to offer a new lease for a term to be agreed.
Rent
£15,500 per annum, exclusive.
Rates
We understand from the Valuation Office Agency that:
- The rateable value is £9,300.
- The UBR for 2023/24 is 51.2p in the £.
Rates payable may be subject to transitional arrangements and / or small business relief, which should be verified with the Business Rates section. Assessments may be subject to appeal.
Prospective tenants should make their own enquiries to verify the rates liability. Information can be found on the Valuation Office Agency website.
More information
You can download the full information leaflet including contact details using the link below.
