Warehouse for sale in Whittle Way, Stevenage SG1
£1,950,000 (£253.35/sq. ft)
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Warehouse for sale
- Prime business park location
- High quality modern development and specification
- 6.6m eaves height
- Full size loading door (5m h x 3.4m w)
- Fully fitted air conditioned first floor offices
- 10 parking spaces (with doubling up potential)
Stevenage is the major commercial centre in North Hertfordshire and is located between Junctions 7 and 8 of the A1(M) approximately 34 miles north of Central London.
This is a well-planned progressive modern commercial centre that incorporates many headquarter office buildings and major multinational companies including Glaxo SmithKline, mbda, Fujitsu, Airbus and iee.
Stevenage station provides a fast service to London Kings Cross / St Pancras (minimum travel time 19 minutes). Luton and Stansted airports are conveniently close.
The development occupies an absolutely prime location prominently fronting onto the A1M at Junction 7 which is the principal approach into the town close to the major gsk site.
This comprises 16 production / warehouse units set within a high-quality business park environment.
A high-quality modern end of terraced production / warehouse unit built in 2004.
It is a conventional construction in a single span steel portal frame with an eaves height of approx. 6.6 m.
The warehouse has a full size electrically operated loading door (approx. 5m high x 3.4m wide), lighting, WC and a small office / tea room area.
There are smart open plan first-floor offices at the front served with heating, lighting and air conditioning.
Approx (gross internal) floor areas
Ground floor 7,022 Sq Ft
First floor offices 625 Sq Ft
Total 7,697 Sq Ft
10 spaces (with doubling up potential).
The property is available to let on a new full repairing and insuring lease. Rent £99,500 per annum.
Alternatively, the owners may consider a sale of the long leasehold interest (999 years from 2004 at a peppercorn rent). Guide Price £1,950,000.
There is a service charge for upkeep and maintenance of the estate.
The property is elected for VAT, which is to be charged in addition.
Please see the Valuation Office Agency website. Indicated assessment £44,000.
Amount payable 51.2% for the y/e 31/3/2023.
At an early date to be agreed.
For further information please contact Mike Davies or Daniel Hiller at Davies & Co.
Unless otherwise stated all prices, rents or other stated costs are subject to VAT.
Under Anti-Money-Laundering Regulations we are required to obtain proof of identity for individuals and controlling Directors.
The Code of Practice on Commercial Leases recommends that you seek professional guidance before agreeing or signing a business tenancy.
Energy Performance Certificate – C (55)
The particulars contained within this brochure are believed to be correct but their accuracy cannot be guaranteed and they are therefore expressly excluded from any contract.
* Sizes listed are approximate. Please contact the agent to confirm actual size.
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Davies & Co, and do not constitute property particulars. Please contact Davies & Co for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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