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Freehold Multi-Let Office Investment

Middlesex House, Rutherford Close, Stevenage, Hertfordshire, SG1 2EF

£1,500,000
Commercial
About this Property
2024-12-11
1500000
Traditional
Commercial
Description

Freehold multi-let office investment located at Middlesex House, Rutherford Close, Stevenage, Hertfordshire, SG1 2EF. This commercial property comprises a modern office block arranged over ground and first floors, offering a total accommodation of 1,091.4 sq m (11,748 sq ft). The property is let to four separate tenants, benefiting from a weighted average unexpired lease term (WAULT) of 5.8 years to expiry. It is situated on a prominent site adjacent to the A1(M), with easy access to junctions 7 and 8. The rental value is £183,523, and VAT is applicable. Notably, six-week completion is available.

Location
More Information
Freehold
Rutherford Close
Planing Authority
Stevenage LPA

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