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Suite-12-Town-Square-Chambers

Location

Stevenage is an expanding town adjacent to the A1(M) with two separate access points directly on to this major trunk road. Stevenage has a population of 83,957 (2011 Census) and is situated approximately 30 miles north of London, has excellent mainline railway lines with London Kings Cross (20 minutes travel time) and two international airports are within the vicinity at Luton and Stansted.

Town Square Chambers is located in a prominent position within the Stevenage New Town adjacent to central bus station and within walking distance of railway station. The suite is located above Town Square with occupiers including Stevenage Borough Council, Primark and main High Street Banks.

Description

The accommodation is provided at first and second floor levels and offers office space with shared WCs and kitchen facilities.

Suite 21 is open plan and Suite 23 is divided into two interconnecting rooms creating three office areas.

Suite 12 can be taken individuals or as a whole. The space provides several individual offices, store room, WCs and kitchen facilities.

Accommodation

The total combined net usable area is 1,054 sq. ft / 97.9 sq. m. The suites can be taken individually or combined to provide:

First floor

  • Suite 12 is 844 sq. ft / 78.70 sq. m

Second floor

  • Suite 21 - 681 sq. ft / 63.3 sq m
  • Suite 23a/b - 373 sq. ft / 34.7 sq. m.

Lease

A new full repairing and insuring lease for a term up to December 2023 to exclude the renewal provisions afforded by the Landlord and Tenant Act 1954 Part II (as amended).

There will be a landlord’s rolling break clause with the landlord serving not less than one months’ notice to vacate for redevelopment purposes.

Rent

  • Suite 12 - £12,000 per annum, exclusive
  • Suite 21 - £8,600 per annum, exclusive.
  • Suite 23a/b - £4,700 per annum, exclusive

The rental is inclusive of service charge but exclusive of rates (if payable), electricity, phone and broadband

Rates

The Rateable Value for each unit is:

  • Unit 12 - £9,700
  • Unit 21 - £2,900
  • Unit 23 - £1,750

The UBR for 2021/2022 is 51.2p in the £.

Rates payable may be subject to transitional arrangements and/or small business relief but 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.