3 & 4 meadway court AWS

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3 & 4 MEADWAY COURT Rutherford Close, Meadway Technology Park, Stevenage, Herts, SG1 2EF

TWO SELF-CONTAINED OFFICE BUILDINGS WHICH CAN BE COMBINED WITH 16 CAR PARKING SPACES BUILDING 3 TO BE REFURBISHED 2,020 sq ft – 4,040 sq ft (187.7 sq m – 375.3 sq m)

TO LET T: 01438 316655 W: www.brownandlee.com

Location

Tenure

Meadway Court is conveniently situated on the northern side of Stevenage within easy access of junctions 7 and 8 of the A1(M), which provides direct access to junction 23 of the M25, 16 miles to the south.

Our clients are able to offer the buildings on new full repairing and insuring leases for a term to be agreed.

Stevenage mainline railway station provides an excellent service to London King’s Cross (fastest journey time approximately 19 minutes) and Moorgate (approximately 35 minutes). Stevenage is also the first Intercity stop north of London with regular services to Peterborough, Newcastle and Edinburgh. Airport facilities are available at Luton (12 miles), Stansted (25 miles) and Heathrow (45 miles). The Old Town and the railway station are less than a mile away within reasonable walking distance.

Description Meadway Court is a modern office complex constructed around an attractive courtyard. The development provides a number of self-contained office units, which could be made available on a floor by floor basis.

Accommodation The self-contained two storey buildings are exactly the same size and provide the following approximate net useable floor areas:

A service charge will be levied to cover the landlord’s costs for providing communal services and maintenance.

Rental Building 4 is available in its existing condition at a rental of £30,300 per annum. Building 3, once refurbished, will be available at a rental of £33,300 per annum.

Rates We understand from the Valuation Office Agency website (www.voa.gov.uk) that the rateable values are as follows:Building 3 Ground Floor - £8,400 First Floor - £11,500 Building 4 £19,250

Buildings 3 and 4 800 sq ft

74.3 sq m

First Floor

1,220 sq ft

113.3 sq m

The UBR for 2017/18 is 47.9p in the £. Rates payable may be subject to transitional arrangements and/or small business relief, which should be verified with the Charging Authority. Assessments may be subject to appeal.

Total net useable area

2,020 sq ft

187.7 sq m

Energy Performance Certificate (EPC)

Ground Floor

The Energy Performance Asset Rating is D-76 for 3 and D-82 for 4. A copy of the EPC is available upon request. Buildings 3 and 4 are adjacent and connected to each other and could be combined to provide a total area of 4,040 sq ft.

Features The landlord plans to refurbish building 3 to provide the following amenities:• • • • • •

Suspended ceiling with recessed lighting Accessible raised floors Gas fired central heating Kitchen facility WC facility 8 car parking spaces per building

VAT Unless otherwise stated all prices and rents quoted are exclusive of Value Added Tax. Any intending lessees or purchasers must satisfy themselves as to the incidence of VAT in respect of any transaction.

Viewing Through joint sole agents, Mike Phoenix or Daniel Musgrove, details below or Ian Partridge, Lambert Smith Hampton, Tel No: 01727 896217.

For further information, please contact: Mike Phoenix/Daniel Musgrove T: 01438 794589 M: 07973 845471 OR T: 01438 794586 M: 07966 144131

E: [email protected] W: www.brownandlee.com E: [email protected] W: www.brownandlee.com

Brown & Lee Commercial Surveyors LLP 15 Meadway Court, Rutherford Close, Stevenage, Hertfordshire, SG1 2EF |Ref: 10611/10612 In association with: Brown & Lee Aylesbury, Milton Keynes & Bedford Every effort has been made to ensure that these particulars are correct but their accuracy is not guaranteed and they do not form part of any contract. All prices and rentals are quoted exclusive of VAT | Regulated by RICS