Commercial Properties For Sale in Stevenage, Hertfordshire
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1/4High Yielding Multi Let Attractive Office Building 2.04 Acre Site Area Freehold For Sale
- High Yielding Multi-let to 24 tenants providing immediate opportunity to increase the rental income.
- Attractive modern office building arranged as four interconnecting buildings
- Constructed around an attractive central courtyard
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Modern 11,748 sq ft freehold office building in Stevenage, multi-let to four tenants with income and parking, available for £2,200,000!
- Modern office block arranged over ground and first floor
- Let to four separate tenants benefiting from a WAULT of Circa 4 years to expiry
- Total space 11,748 sq ft (1,091.4 sq m)
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Modern retail scheme in Stevenage (6,484 sq ft, 3 units), let to Tesco with Starbucks and Subway franchises hopefully expected shortly. £195k p.a exc. rent, 15-year leases (franchises will have 10 year breaks), CPI uplifts, 14.6-year WAULT. Prime North Road location near Lister Hospital.
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A two story office building ideally located near the railway station and town centre on a dedicated business park of similar styled office buildings offering about 10,376 Sq. Ft. and parking for 36 vehicles. Green open outside space. Air-conditioning and security alarm.In addition, the ...
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Key Features Full planning permission for 15 flats Four 2-bed flats, Eleven one-bed flats No affordable housing. No S106 contributions All flats have balconies 5 allocated parking spaces Highly desirable location 2 minutes' walk from Stevenage Old Town High Street - offering excellent access to local restaurants, bars and shops Strong commuter links - 0.6 miles to Stevenage Train Station - 21 minutes to London King's Cross Total site area of 8,053 sq ft (0.18 acres) Generous proposed accommodation 742 sq m (7,986 sq ft) Low BNG £1,680 and low CiL approx. £61,000 Freehold interest available with vacant possession DESCRIPTION Summary Description Outstanding development opportunity with full planning permission for 15 flats set on a 0.18 acre (8,053 sq ft) site. Ideally located in the highly sought after area of the historical Stevenage Old Town with excellent commuter links - just 21 minutes to London King's Cross. Location Stevenage Train Station is approximately 0.6 miles south and can be reached in 15 minutes on foot and 5 minutes by car. Stevenage offers fast and frequent rail services to London King's Cross, St Pancras (21 mins) and Cambridge (40 mins) via Great Northern and Thameslink routes. Stevenage Old Town is well connected for roads being right by the A1(M) with direct motorway services to London and the North. Steeped in history, Stevenage Old Town dates back to medieval times, perfectly blending centuries of heritage with a vibrant,...
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The property is presented in good condition and offers principally storage/production/warehouse space to the ground floor with a small reception area and offices to the first floor. There is forecourt parking and loading facilities.
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Please note the Post Code for 5a/5b Middle Row is SG5 3AN and for 23-25 Church Lane SG1 3QW. The retail units to the front accessed from Middle Row are currently occupied by a hairdressing salon and wine bar. The properties at the rear are accessed directly off Church Lane and provide access to the first floor accommodation above the front units and individual access to the business units either side of an open yard.
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The property comprises a mix of two commercial shops on the ground floor, with three residential flats above, which have been sold off on long leases. There is also a rear garden and small room which is vacant. There are shared toilets at the rear for the use of the ground floor tenants.
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The space offers newly carpeted office accommodation with meeting rooms, data trunking, shared kitchen and WCs. A large board room at ground floor level is available for occupiers in the building to use free of charge and is accessed via a reception area with spotlight LEDs
