
Ginns Road, Stocking Pelham, Buntingford, SG9
- PROPERTY TYPE
Commercial Development
- SIZE
Ask agent
Key features
- Potential data centre
- Approximately 1.5 acres
- 16,000 square feet of commercial buildings to let
- Potential 9.15% yield
- Scope for planning permission
- Warehousing & distribution
Description
For Sale–The Oaks Trading Estate in Stocking Pelham near Buntingford.
This site is approximately 1.5 acres with 16,000 square feet of commercial buildings to let.
The site is generating a rental income of £16,000 per calendar month or £192,000 a year and with a purchase price of £2.1 million, the yield would be 9.15 %.
There is scope subject to planning permission to increase the rental income by increasing the number of storage containers and these could be situated to the rear of the site or this space could be used as open air storage for cars. The whole site is about 60,000 square feet.
Data Centre:
This site could lend itself for a data centre as the Pelham sub station is being expanded and the Oaks Industrial Estate is in close proximity, and we believe this could supply the power required.
A data centre is a physical facility that houses computer systems and associated components, like telecommunications and storage systems, designed to support business applications and activities.
The boom in artificial intelligence (AI) and quantum computing will drive a spike in energy use, the National Grid has predicted, both rely on data centres - warehouses full of computer systems.
Future growth in foundational technologies like artificial intelligence and quantum computing will mean larger scale, energy-intensive computing infrastructure.
Brochures
Brochure 1Ginns Road, Stocking Pelham, Buntingford, SG9
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Stansted Mountfitchet Station4.8 miles
- Newport (Essex) Station5.5 miles
- Bishop's Stortford Station5.5 miles
Notes
Disclaimer - Property reference 28821256. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Satchells Estate Agents, Baldock. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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