Unit 8, Shakespeare Industrial Estate, Watford, WD24 5RR

£825,000

Size

5,157

Tenure

Freehold

EPC

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Parking

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Primary use
Light industrial

No floor / site plan

Key features

  • Freehold
  • 5 Parking Spaces
  • Three Phase Power
  • x2 Security Shutters
  • Income via a lease back to Photo Paper Direct Ltd - Company number: 04581446

Description

Description
Bringing to the market a freehold investment site located in an established industrial estate in Watford, which is available via a sale and lease back.

The headline rent will be £63,000 per annum, under the terms of a 10 year lease with a tenant only break and rent review at the 5th anniversary. Lease to be taken under Photo Paper Direct Ltd (04581446) who have been established since 2002.

5 parking spaces are included within the demise.

VAT is not applicable.

Location
The property is on the Shakespeare Industrial Estate, which is accessed via either Shakespeare Street or Acme Road directly off Leavesden Road, approx. 1½ miles north of the Town Centre.

Road communications are excellent, with both M1 (Junction 5) and M25 (Junctions 19 and 20) Motorways being a short driving distance.

Watford Junction Railway Station (Euston 18 minutes) is approx. 1.5 miles.
Additional information
Clear height
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Yard depth
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Service charge
£740
Business rates
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Use class
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Listed building
No
Business for sale
No
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Unit 8, Shakespeare Industrial Estate, Watford, WD24 5RR

NEAREST STATIONS

National Rail
London Overground

Watford Junction Station

0.59 miles

National Rail

Watford North Station

0.7 miles

London Underground

Watford Station

1.09 miles

About Forest Real Estate, London

Forest Real Estate, London logo

Forest Real Estate is a young, independent commercial agency with a primary focus on the Office and Industrial/Logistics markets across Central & Greater London, as well as the Home Counties.

With a strong market presence, we are recognised as a trusted partner for both small and large commercial real estate owners, delivering innovative marketing solutions tailored to each asset. We provide Landlords and Tenants with comprehensive advice, backed by market data and deep expertise in our sectors.

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Disclaimer - Property reference 347021-1. 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 Forest Real Estate, 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.