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1 Cleveland Way 5,774 sq ft Industrial Unit Offered at £1,200,000 in Hemel Hempstead HP2 7DA
INVESTMENT HIGHLIGHTS
- Sovereign Park comprises 16 industrial/high tech units a short distance from Maylands Avenue, the principal estate road for Maylands Business Area
- Great transport links
- A modern, end of terrace business unit arranged over two floors.
EXECUTIVE SUMMARY
Location Sovereign Park comprises 16 industrial/high tech units a short distance from Maylands Avenue, the principal estate road for Maylands Business Area. The unit is approximately 1.5 miles from Junction 8 of the M1 motorway where the M25 is only 3 miles to the south. The Maylands Business Area is located approximately 2 miles north of Hemel Hempstead town centre where there is access to the A41 dual carriageway and Hemel Hempstead mainline station (London to Euston 30 minutes). Description A modern, end of terrace business unit arranged over two floors. The ground floor provides a versatile open space suitable for storage or production, complete with a loading door for easy access and large kitchen space. The first floor comprises an open plan area, separate offices, a further kitchenette and male and female toilets. Externally, the unit benefits from 20 allocated car parking spaces within an independently fenced area.
PROPERTY FACTS
| Total Property Size | 9,310 sq ft | Typical Floor Size | 4,655 sq ft |
| Property Type | Industrial (Unit) | Year Built | 1993 |
| Property Subtype | Service | Total Plot Size | 0.37 ac |
| Costar Property Class | B | Parking Allocation | 2.36/1,000 sq ft |
| Floors | 2 |
| Total Property Size | 9,310 sq ft |
| Property Type | Industrial (Unit) |
| Property Subtype | Service |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 4,655 sq ft |
| Year Built | 1993 |
| Total Plot Size | 0.37 ac |
| Parking Allocation | 2.36/1,000 sq ft |
AMENITIES
- Yard
- EPC - C
- EPC - E
- Roller Shutters
- Storage Space
- Air Conditioning
UTILITIES
- Water
- Sewer
- Heating - Gas
1 UNIT AVAILABLE
Unit 1
| Unit Size | 5,774 sq ft | Unit Use | Industrial |
| Price | £1,200,000 | Sale Type | Investment or Owner Occupier |
| Price Per sq ft | £207.83 | Tenure | Freehold |
| Unit Size | 5,774 sq ft |
| Price | £1,200,000 |
| Price Per sq ft | £207.83 |
| Unit Use | Industrial |
| Sale Type | Investment or Owner Occupier |
| Tenure | Freehold |
DESCRIPTION
A modern, end of terrace business unit arranged over two floors. The ground floor provides a versatile open space suitable for storage or production, complete with a loading door for easy access and large kitchen space. The first floor comprises an open plan area, separate offices, a further kitchenette and male and female toilets.
Externally, the unit benefits from 20 allocated car parking spaces within an independently fenced area.
SALE NOTES
TERMS / TENURE
The property is available either to let on a new full repairing and insuring lease, with terms to be agreed, or alternatively, the freehold can be sold with vacant possession.
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1 Cleveland Way
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