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£2,500,000

The Point, Swallowfields, Welwyn Garden City, Hertfordshire, AL7 1JD

Land size
0.2 acres

Key Features

  • 10 Self-contained units on a 0.45 acre site
  • Prominent location in an established industrial area
  • Fully let producing a rent income of £167,000 per annum
  • Initial Net Yield of 6.3%
  • Capital Value of £290 psf.
  • All tenancies outside the 1954 Act

Description

Location

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 Swallowfields 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.

Description

Highly Prominent Multi-let industrial / Trade Counter Investment

Service Charge Information

Each tenant is liable for a small service charge. There are no wider estate service charges.

Accommodation Text

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.

Legal Costs

Each party is responsible for their own legal costs.

EPC

Each unit has a seperate EPC. Details can be found in the data room.

Viewing

For further information please contact Davies & Co on

Daniel Hiller d.
Clay Davies c.

Property details

Tenure
Freehold
Council Tax Band
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Date Posted
2026-03-17

Utilities & Restrictions

Utilities

Electricity
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Water
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Heating
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Broadband
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Sewerage
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Rights & Restrictions

Public Rights of Way
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Private Rights of Way
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Listed Property
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Restrictions
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Property Features

Accessibility
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Parking
Parking Available
Garden
Garden

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Contact Davies & Co, Hatfield

33 - 35 Wellfield Road, Hatfield, AL10 0BY

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