Warehouse for sale

Unit 1a, 6 Greycaine Road, Watford, Hertfordshire, WD24 7GP

Guide Price £2,850,000
18,070 sq. ft.

Property Description

Commercial information

  • 18,070 sq ft (1,678 sq m)
  • Use class orders: B1 Business, B2 General Industrial and B8 Storage and Distribution

Key features

  • Suit owner occupier or investor - Available with vacant possession or on a sale and leaseback basis
  • Current freeholder will take a 10 year lease with a 5 year tenant break at 185,000 pa
  • GIA - 18,070 sq ft (1,679 sq m)
  • Eaves height - 4.8m
  • Excellent transport links
  • Additional offices and car park available by separate negotiation

Full description

Tenure: Freehold

LOCATION

The property is situated off Greycaine Road, opposite the junction with Garnett Close, on a popular industrial estate.  Transport links are excellent being  c. 1 mile from Junction 5 of the M1 Motorway and c. 0.5 miles from the A41, providing access to the north western M25 at junctions 19 and 20, and the northern M25 at junction 21a.

The closest rail station is Watford North which is only 5 minutes walk, with Watford Junction c. 1.3 miles away, providing services to London Euston in 16 minutes.

Nearby occupiers include Booker Cash & Carry, Virgin Media, Décor Tiles and Gap Tool Hire. 

DESCRIPTION

A single bay industrial unit / warehouse of steel frame construction with an eaves height of 4.8m. The accommodation is of a concrete floor, brick and block elevations with profile aluminium cladding to the external elevations, beneath an insulated pitched roof. 

The property comprises functional open plan warehouse accommodation with internal offices/stores to the front and a storeroom to the rear. Access is via a full height loading door, there is 3 phase power and a mains gas supply. 

Externally there are 5 car parking spaces on the opposite side of Greycaine Road.

The vendor is prepared to also sell ground floor offices of c 1,078 sq ft (100 sq m) situated to the front, along with an external area to park c. 5 cars (vendor will undertake works), as outlined red on the plan.

PLANNING

Situated within the area administered by Watford Borough Council.  We understand that the property has consent for B1c, B2 and B8 uses and is in a designated Employment area (E6b).  All enquiries are to be directed to the planning department of Watford Borough Council. 

BUSINESS RATES

Rateable Value: £95,244
Rates Payable: £48,765 pa 

Note the above includes the ground floor offices.

TENURE

Freehold (as outlined in red on the plan)

The offices which which are also available (as outlined in blue on the plan) are held on a long leasehold basis.

OPPORTUNITY

Offers are invited for the freehold interest, either with vacant possession, or on a sale and leaseback basis.

The current freeholder is prepared to take a 10 year FRI lease with a tenant break at year 5, at an annual rent of £185,000 pa.




More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Watford North (0.1 mi)
  • Garston (Herts) (0.9 mi)
  • Watford Junction (1.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilco Global Real Estate Advisory, London

11 Ironmonger Lane, London, EC2V 8EY

020 8012 6660 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Hilco Global Real Estate Advisory, London

11 Ironmonger Lane, London, EC2V 8EY

020 8012 6660 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Watford North (0.1 mi)
  • Garston (Herts) (0.9 mi)
  • Watford Junction (1.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilco Global Real Estate Advisory, London

11 Ironmonger Lane, London, EC2V 8EY

020 8012 6660 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference HGREAGreycaine. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hilco Global Real Estate Advisory, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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