Office Investment For Sale, Premier House, 1-5 Argyle Way, Stevenage, SG1 2AD

• Income producing office building with potential to
• improve income or consider redevelopment and
• conversion for c36 residential flats.
• Freehold Office building in prime Stevenage location
• adjacent to Gunnels Wood Road and a short walk
• from the railway station and the leisure park.
• Self contained 3 storey office building comprising
• 17,842 sq ft NIA.
• Recent significant capital expenditure to reclad the
• building and replace all the windows.
• Potential to divide second floor to provide small
• office suites or consider alternative uses.
• Building excluded from Article 4 area within
• Stevenage.
• Scope to extend to the side or in the undercroft.
• Residential conversion/new build opportunity.
• Current rental income of £170,110pa.
• Potential ERV when SF let of c£265,000pa.

( Agency Pilot Software ref: 16736 )

Location

1-5 ARGYLE WAY, STEVENAGE HERTFORDSHIRE SG1 2AD

Accommodation

Self contained 3 storey office building comprising 17,842 sq ft

Terms

Service Charge The service charge for the building is currently £129,905pa. Based on the floor area of 17,842 sq ft this equates to c£7.28/sq ft. The last 3 years service charge accounts are available on request.

TITLE The property is held under title number HD187267 EPC

AML Brown & Lee Chartered Surveyors are registered with HMRC for Anti-Money Laundering purposes. Intending purchasers will be asked to provide proof of funds and identification documentation at a later stage and we would ask for your cooperation in order that there will be no delay in agreeing the sale.

VAT Site Plan - New Building Option Footpath Available on request. To be sold as a TOGC. Property is elected for VAT

Specification

• On-Site Car Park
• Entry Phone System
• Kitchen Facility
• Raised Floors