Floorplan
MapCommercial development for sale
Features and description
- Potential data centre
- Approximately 1.5 acres
- 16,000 square feet of commercial buildings to let
- Potential 9.15% yield
- Scope for planning permission
- Warehousing & distribution
For Sale–The Oaks Trading Estate in Stocking Pelham near Buntingford.
This site is approximately 1.5 acres with 16,000 square feet of commercial buildings to let.
The site is generating a rental income of £16,000 per calendar month or £192,000 a year and with a purchase price of £2.1 million, the yield would be 9.15 %.
There is scope subject to planning permission to increase the rental income by increasing the number of storage containers and these could be situated to the rear of the site or this space could be used as open air storage for cars. The whole site is about 60,000 square feet.
Rooms
Data Centre:
This site could lend itself for a data centre as the Pelham sub station is being expanded and the Oaks Industrial Estate is in close proximity, and we believe this could supply the power required.
A data centre is a physical facility that houses computer systems and associated components, like telecommunications and storage systems, designed to support business applications and activities.
The boom in artificial intelligence (AI) and quantum computing will drive a spike in energy use, the National Grid has predicted, both rely on data centres - warehouses full of computer systems.
Future growth in foundational technologies like artificial intelligence and quantum computing will mean larger scale, energy-intensive computing infrastructure.
Anti-Money Laundering (AML):
It is a legal requirement that all purchasers comply with Anti-Money Laundering regulations. As such, once a purchase has been agreed subject to contract, the purchaser/s will be required to undertake an AML check carried out by our third party provider at a cost of £66 inclusive of VAT per property, payable by the applicant/s.
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