AL7 The Point, Swallowfields, Welwyn Garden City

The Point

Modern Warehouse Estate Completed in 2020 and set on a 0.45-acre site, The Point comprises a terrace of 10 self-contained warehouse units, ranging from 810 sq ft to 1,105 sq ft, totalling 8,630 sq ft on a

broadly rectangular site.

The units are of steel frame construction with elevations of brick and profiled steel cladding. In addition, there is a small enclosed yard to the side of Unit 10, which is separately let.

Each unit features a glazed front door with a security roller shutter door (except Unit 2) and is served with heating, lighting, kitchen, and WC facilities.

The estate is currently let to 11 tenants, producing a current income of £167,000 per annum, with an ERV of £178,000. A tenancy schedule will be provided upon request.

Key Details:

* Leases are drafted on effectively full repairing and insuring terms.

* A service charge is in operation, currently equivalent to approximately £500 per unit.

* Each unit has its own dedicated power and fibre optic internet connection.

* 23 dedicated parking spaces.

Welwyn Garden City occupies a strategic location in the northern sector of the M25 corridor.

It is positioned between junctions 4 and 6 of the A1(M), approximately 7 miles north of the M25 at South Mimms (Junction 23). Additionally, the A414 dual carriageway provides a fast east-west link between the M1 at Hemel Hempstead and the M11 at Harlow.

Access to Swallowowoowooelds is via Bridge Road East alongside B&Q or via Woodfield Road next to the Fire Station. The area is an established commercial district within convenient walking distance of the station and town centre.