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Office Accommodation, 8 Gateway 1000, Arlington Business Park, Stevenage, SG1 2FP

2,276 Sq Ft / Offices

For Sale - £550,000.00

Available - Last updated: 17 April 2024

The property comprises a self-contained 2-storey office building offering very efficient and open plan office accommodation with a smart high-quality internal fit out. The vacant accommodation comprises the entire first floor which offers excellent flexible space with good natural lighting.

The ground floor is let to Richard Boast Associates Ltd at a rent of £17,820 p.a. exclusive on a lease expiring 23 April 2025. Full details are available on request.

Location

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 incorporates many headquarters office buildings and major multi national 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. It comprises a range of small and medium sized self-contained office buildings in an ultra-modern architectural style set within a high-quality business park environment.

Accommodation

Ground Floor - 1,084 Sq Ft - Let

First Floor - 1,192 Sq Ft - Vacant

Total - 2,276 Sq Ft

CAR PARKING - There are 4 parking spaces allocated with the ground floor and 4 spaces with the first floor.

Terms

Available for sale on the basis of a long lease (999 years) with the benefit of the income from the ground floor. Price £550,000 plus VAT. There is a service charge for shared building and estate costs.

AVAILABILITY - Immediate following completion of legal formalities.

RATEABLE VALUE - Please see the Valuation Office Agency website. Up to 31 March 2023 the assessments for the ground and first floor were £15,000 and £16,500 respectively. From 1 April 2023 these then increased to £20,000 and £22,000. Amount payable 49.9%.

INSPECTION - For further information please contact Daniel Hiller or Clay Davies at Davies & Co.

NOTES: Unless otherwise stated all prices, rents or other stated costs are subject to VAT. Energy Performance Certificate: TBC 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.

Specification

  • Energy efficient comfort cooling
  • Suspended ceilings with category 2 lighting
  • Full access raised floors
  • Kitchen facility
  • High quality flat panel and double-glazed curtain walls

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Leasehold £550,000.00 NA

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Davies & Co | Commercial Property Specialists

Davies & Co

01707 515072

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