Unit 32

Osborn Way, Welwyn Garden City, AL8 6HA

Use Class

Size

4,930sq ft

Rent pa

£123,250

Market Sector

Shopping Centre

Prime E Class opportunity

Welwyn Garden City is located in Hertfordshire, 20 miles north of London. It was the second garden city in England and therefore benefits from many physical, social and cultural advantages.

The Howard Centre provides over 230,000 sq. ft. of retail and leisure accommodation over two floors with direct access into the train station. The carpark within the centre provides 750 parking spaces. Notable occupiers within the scheme include H&M, JD Sports, Fat Face, Muffin Break and Accessorize. F&B brands in the City include Cote, Loungers, Megans and Giggling Squid.

Key Information

Lease Type

New Lease

Lease Term

The property is available by way of a new effectively full repairing and insuring lease for a term to be agreed.

Viewing

Strictly via appointment through joint agents Green & Partners or Savills.

Accommodation

4,930 Sq.Ft/458 m²

Subject to planning, the following F&B options are available as per the CGI:

Whole: 4,930 sq ft

Option 1 (split): 2,399 sq ft (gf), 484 sq ft (terrace)

2,529 sq ft (gf), 196 sq ft (terrace), 153 sq ft (mall)

Option 2 (split): 1,819 sq ft (gf), 283 sq ft (mall)

3,043 sq ft (gf), 681 sq ft (terrace)

Option 3 (split): 2,771 sq ft (gf), 681 sq ft (terrace)

2,167 sq ft (gf), 153 sq ft (mall)

Rent

Date	Rent
2024-01-01	£123,250

Rates

Year	Rateable Value	UBR p/£	Rates Payable
2021	£99,000	51.2	£50,688

Financial Details

Rent

Quoting £25 per sq ft.

Costs

Each party to be responsible for their own legal costs incurred in this transaction.

Service Charge

Estimated at £8 per sq ft. Further information available upon request.

Disclaimer

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.