**Standout Features:**
- Modern office/laboratory unit built in 2007
- Prime location near Junction 7 of A1(M)
- Total area of 3,057 sq. ft. with high-quality finishes
- 11 dedicated parking spaces
- Current rental income of £45,000 per annum
- Air conditioning, raised floors, passenger lift, and excellent broadband speeds
**Potential Concerns:**
- Short lease with 6 years remaining could limit mortgage options
- High local crime rate
- Situated in an area with average deprivation levels
**Summary Description:**
Discover an exceptional investment opportunity with this modern office/laboratory unit in a prime Stevenage business park location, directly adjacent to Junction 7 of the A1(M). Spanning 3,057 sq. ft., the two-story brick building boasts stylish finishes including air conditioning, raised flooring, LED lighting, and ample natural light from large windows. Currently generating a rental income of £45,000 per annum, the unit accommodates established tenants in biotechnology and engineering education with escalating rents on multi-year agreements.
With 11 dedicated car parking spaces, this semi-detached property is ideally suited for businesses prioritizing both convenience and accessibility. While the remaining 6-year lease may pose a challenge for financing, the ongoing demand in this growing commercial area offers future potential for renovations or extensions that capitalize on the region's robust high-tech landscape. Don't miss your chance to secure a foothold in Stevenage's promising market—opportunities like this are rare!
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