19 The Glebe

Location

Stevenage is a major commercial and retailing centre approximately 30 miles north of London and is readily accessed via junction 7 and 8 of the A1 Motorway.

The town centre benefits from excellent transport connections being situated on the East Coast mainline with direct services to London King’s Cross in 20 minutes and within a short distance of both Luton and Stanstead airports.

The property is located in The Glebe Neighbourhood Centre within the Chells area of Stevenage.

Description

The property is a self-contained retail unit with kitchen and WCs and store room. The property benefits from a small rear gated yard for parking and loading.

The neighbourhood centre offers free public customer parking.

Accommodation

The approximate net useable areas are as follows:

Features

• Wooden flooring in main retail area
• Suspended ceiling
• Air conditioning/cooling unit
• Single phase power
• Store-room
• Gated rear yard 5.82 m wide x 4.42 m depth for parking/access for loading
• Kitchen
• WCs x2

Lease

There is an offer of a new full repairing and insuring lease for a term to be agreed. The lease will be outside The Landlord and Tenant Act 1954 part II (as amended).

The lease will be subject to a landlord break option effective from January 2028 onwards, upon the landlord serving not less than 6 months’ notice to vacate for redevelopment purposes.

Rent

£13,000 per annum exclusive.

Rates

• Rateable Value: £8,900
• UBR (2023/2024): 51.2p
• Rates payable may be subject to transitional arrangements and/or small business relief which should be verified with the Business Rates section. Assessments may also be subject to appeal.

Prospective tenants are advised to 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.