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Unit 6 Devonshire Park, Chester Road, Borehamwood, WD6 1NA

£1,300,000

£324.03 per sq ft

Business rates & charges may apply

Stimpsons, Watford
SIZE AVAILABLE

4,012 sq ft

373 sq m

SECTOR

Light industrial facility for sale

Key features

  • Modern unit finished to an exceptional standard
  • Ground floor warehousing
  • First floor air conditioned offices
  • 6 car parking spaces
  • Rent Review due June 2025
  • Highly reversionary rental income

Description

Description
Unit 6 is a modern business unit which has been finished to an exceptionally high standard. The ground floor provides warehouse/production space with good eaves height and a separate area comprising a fully fitted kitchen. The original 1st floor offices have been extended and fitted with glazed partitions. The property is air conditioned throughout.

Location
Devonshire Business Park is located to the north side of Chester Road within the Borehamwood commercial area. The Park is approximately half a mile from the junction with the A1, which is in turn 3 miles from Junction 23 of the M25 (South Mimms). Elstree and Borehamwood stations are approximately one mile away.

Viewings
Strictly by appointment via sole agent.

Terms
The property is available for sale freehold subject to a lease to the current tenant which expires 14th June 2030. The current passing rent is £55,000 per annum (£13.70 per sq ft) and is due for review in June 2025. Recent lettings of similar properties in Borehamwood have achieved rents of £19.00 to £23.50 per sq ft which makes this a highly reversionary investment opportunity.

Please contact us for further information.

Brochures

Unit 6 Devonshire Park, Chester Road, Borehamwood, WD6 1NA

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Elstree & Borehamwood Station1.0 miles
  • High Barnet Station2.7 miles
  • Radlett Station3.2 miles

About Stimpsons, Watford

Suite 1A, Building 6, Hatters Lane, Croxley Park, Watford, WD18 8YH

Stimpsons is an independent firm of chartered surveyors, commercial estate and letting agents with a wide range of commercial properties available and was established in Hertfordshire in 1903 as Stimpson Lock & Vince.

Notes

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