Warehouse for sale in Caxton Way, Stevenage SG1

Location

Centrally located in the main Gunnels Wood commercial area site backs on to the A1(M) and is within convenient walking distance to the station and town centre.

Description

A self-contained complex fronting on to Caxton Way with rear service access from Potters Lane where there is an additional strip of land on the west side of the road providing a continuous row of approx. 40 car parking spaces.

The complex comprises the following elements:

Building 1

Single storey single bay steel portal frame building with modern brick and glazed front elevation and front parking. Various process areas. Eaves height c 4.7m above suspended ceiling. Rear loading. Attached store to the rear and two separate outbuildings in the rear yard area.

Link Section

Single bay steel frame process space with eaves height of 4.5m between Buildings 1 and 2. Loading door 3.4m wide x 3.2 m high.

Building 2

Smart two storey front offices built in about 1980. There is full office use on the first floor and a mixture of office, meeting room and test areas on the ground floor.
Behind is a single storey production area constructed of concrete frame with an eaves height of c 3.5m and ridge of c 3.9m. This is in a single uninterrupted space in four bays. Range of ancillary and additional process buildings to the rear.

Building 3

Manufacturing complex like building 2. Comprises a single storey office and ancillary areas at the front. Further plant and qc areas at the side and rear. Rear yard and loading door 4.0m wide x 2.9m high approx.

The whole property is extensively fitted out for circuit board and related manufacturing purposes with high-capacity services.

Caxton Way and Potters Lane are adopted so there is no estate service charge.

Approximate (gia) floor areas

Building 1

Production / Stores / Offices 9,536 Sq Ft

Building 2

2 storey offices 8,158 Sq Ft
Production / stores 10,072 Sq Ft
Production / stores 2,691 Sq Ft
Total 20,921 Sq Ft

Building 3

Production / Stores / Offices 13,978 Sq Ft

Overall Total 44,435 Sq Ft

Site area

1.9 acres approx.

Availability

At an early date to be agreed.

Tenure

Available for sale freehold with vacant possession.

Guide price £4,750,000 plus VAT, rateable value

Please see the Valuation Office Agency website. Indicated assessment £232,000.

Rates payable approx. 51.2% for the y/e 31/3/2025.