Commercial Investment with Development Potential

The property is situated on the eastern side of the A10, at the junction with Baldock Road (A507), between Stevenage to the west and Bishop's Stortford and London Stansted Airport to the east. There are convenient and direct connections to the A1(M), M11 and M25 for servicing. Let on a 15 year lease from 22nd August 2011, expiring 21st August 2026. The passing rent totals £76,000 per annum exclusive. The lease is contracted inside the security of tenure provisions of the Landlord & Tenant Act. The site comprises a building with a Gross Internal Area of 3,218 sq ft (299 sq m) and a Gross External Area of 20,131 sq ft (1,871 sq m). The surrounding site provides parking for approximately 38 cars, resulting in a total area of 23,349 sq ft (2,169 sq m) and representing a conservative 14.3% site coverage. The property offers potential for future development, subject to obtaining the necessary planning consents. EPC rating is B.