23 The Glebe

Location / Description

This is a large two-storey self-contained building located in the Chells area of Stevenage. There is accommodation on the ground and first floor. There is also a gated yard area and an external store room.

This will not be let for car use or vehicle repair.

Accommodation

The total net usable area of the accommodation is 175.02 sq. m (1,884 sq. ft) and the yard is 184.35 sq. m (1,984 sq. ft).

Tenure

We are able to offer a new full repairing and insuring lease for a term to be agreed.

The lease will be subject to a landlord break option effective from 1 December 2027 with the landlord serving six months’ notice to vacate for redevelopment purposes. 

Rental

£25,000 per annum, exclusive.

Rates

• The rateable value is £9,200.
• The Uniform Business Rate for 2022/23 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.

You can find more information about Business Rates on the Valuation Office Agency website

More information

You can download the full information leaflet including contact details using the link below.