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High St 7,143 SF Industrial Building Stevenage SG1 3AG $1,852,862 CAD ($259.40 CAD/SF)
Investment Highlights
- Freehold commercial site totaling approximately 0.7 acres (0.29 hectares) with vacant possession upon sale.
- Fully surfaced yard with concrete hardstanding ideal for operational or storage uses.
- Existing development provides three single-storey structures containing office and workshop space.
Executive Summary
This commercial site is located on the High Street within the hamlet of Cromer, East Hertfordshire, positioned approximately 5 miles north of Stevenage and 29 miles north of London. The premises comprise a brownfield parcel of land with built structures providing a combination of office space and workshop facilities. The remaining areas are fully surfaced with concrete hardstanding, serving as extensive yard space.
The property fronts the B1037 corridor and offers immediate accessibility to the A1(M), creating direct connectivity to London, Cambridge, and the wider East of England. Surrounding uses are predominantly agricultural and residential, presenting an overall semi-rural character, while still maintaining proximity to major centers including Hitchin and Letchworth Garden City.
Currently utilized under Use Class B1 (C) for office and workshop purposes, the site represents a flexible opportunity suitable for continued commercial use or potential redevelopment, subject to planning permissions. As part of the sale, unconditional offers in excess of £1,000,000 are invited.
The property fronts the B1037 corridor and offers immediate accessibility to the A1(M), creating direct connectivity to London, Cambridge, and the wider East of England. Surrounding uses are predominantly agricultural and residential, presenting an overall semi-rural character, while still maintaining proximity to major centers including Hitchin and Letchworth Garden City.
Currently utilized under Use Class B1 (C) for office and workshop purposes, the site represents a flexible opportunity suitable for continued commercial use or potential redevelopment, subject to planning permissions. As part of the sale, unconditional offers in excess of £1,000,000 are invited.
Property Facts
| Price | $1,852,862 CAD | Building Class | B |
| Price Per SF | $259.40 CAD | Lot Size | 0.70 AC |
| Sale Type | Owner User | Rentable Building Area | 7,143 SF |
| Tenure | Freehold | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1970 |
| Property Subtype | Showroom |
| Price | $1,852,862 CAD |
| Price Per SF | $259.40 CAD |
| Sale Type | Owner User |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Showroom |
| Building Class | B |
| Lot Size | 0.70 AC |
| Rentable Building Area | 7,143 SF |
| No. Stories | 1 |
| Year Built | 1970 |
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