£790,000
(£258.42/sq. ft)
Office for saleUnit 1, Arlington Business Park, Whittle Way, Stevenage, Hertfordshire SG1
3,057 sq. ft
Available immediately
About this property
11 car spaces
Prime location adjoining Junction 7 A1(M)
Current Rent income £45,000 per annum.
Modern development built in 2007.
Location
Stevenage is the major commercial centre in north Hertfordshire 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 with a strong high tech/aerospace presence incorporating many headquarters office buildings with multinational companies including Glaxo SmithKline, mbda, Fujitsu, Airbus, and iet.
Stevenage station provides a fast service to London Kings Cross (minimum travel time 19 minutes). Luton and Stansted airports are conveniently close.
Description
Office / Laboratory Investment Sale
A superb semi-detached brick built two storey business building in a modern campus development in the prime business park location in Stevenage adjoining Junction 7 of the A1M.
It offers fully finished and highly specified accommodation on two floors and features the following:-
* Air conditioning
* Full access raised floors
* A high-quality kitchen on each floor
* Data Cabling / 100mb internet connections
* Suspended ceilings with recessed LED lighting
* Passenger lift
The ground floor is let to Axitan Research UK Limited, a biotechnology company, on a lease expiring June 2026 at a rent of £23,000 p.a. The lease is Outside the L&T Act.
The first floor is let to Engineering College of Technology Limited, a higher education provider specialising in engineering, until 26 August 2029. The current rent is £22,000 p.a. Which will rise to £23,000 p.a. In Aug 2026 and then £24,000 p.a. In Aug 2027. Copy leases are available upon request.
Energy Performance Certidficate D(98).
Viewing
For further information please contact Davies & Co on Daniel Hiller
Clay Davies
11 car spaces
Prime location adjoining Junction 7 A1(M)
Current Rent income £45,000 per annum.
Offers are invited for the freehold interest with the benefit of the income in the region of £790,000 plus VAT.
D (98)
Stevenage is the major commercial centre in north Hertfordshire 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 with a strong high tech/aerospace presence incorporating many headquarters office buildings with multinational companies including Glaxo SmithKline, mbda, Fujitsu, Airbus, and iet.
Stevenage station provides a fast service to London Kings Cross (minimum travel time 19 minutes). Luton and Stansted airports are conveniently close.
Description
Office / Laboratory Investment Sale
A superb semi-detached brick built two storey business building in a modern campus development in the prime business park location in Stevenage adjoining Junction 7 of the A1M.
It offers fully finished and highly specified accommodation on two floors and features the following:-
* Air conditioning
* Full access raised floors
* A high-quality kitchen on each floor
* Data Cabling / 100mb internet connections
* Suspended ceilings with recessed LED lighting
* Passenger lift
The ground floor is let to Axitan Research UK Limited, a biotechnology company, on a lease expiring June 2026 at a rent of £23,000 p.a. The lease is Outside the L&T Act.
The first floor is let to Engineering College of Technology Limited, a higher education provider specialising in engineering, until 26 August 2029. The current rent is £22,000 p.a. Which will rise to £23,000 p.a. In Aug 2026 and then £24,000 p.a. In Aug 2027. Copy leases are available upon request.
Energy Performance Certidficate D(98).
Viewing
For further information please contact Davies & Co on Daniel Hiller
Clay Davies
11 car spaces
Prime location adjoining Junction 7 A1(M)
Current Rent income £45,000 per annum.
Offers are invited for the freehold interest with the benefit of the income in the region of £790,000 plus VAT.
D (98)