Units 710, 720 & 730/740, Centennial Park, Centennial Avenue, Elstree, East Of England, WD6 3SY

A rare opportunity to acquire 3 fully let office buildings providing secure income with long-term break-up or industrial redevelopment potential (STPP)

The property extends to 63,943 sqft GIA and comprises three selfcontained grade A office buildings. Each building is let to a single occupier who has undertaken extensive fit outs. Building 720 offers serviced office spaces with custom fit-outs. Building 730/40 serves as Medik8's headquarters, incorporating both office spaces and a dedicated studio for photography and videography. Building 710 comprises a specialised cancer outpatient centre that provides advanced radiotherapy treatment using highly specified equipment. The building also includes a gym, along with shower and changing facilities. All floorplates benefit from excellent natural light throughout due to the glass frontages. The property benefits from 229 parking spaces, reflecting an excellent car parking ratio of 1:243 sq ft



3 fully let office buildings, extending 55,33 sq ft, situated on a well-established Greater London business park

The property is held long leasehold (virtual freehold) with 980 years unexpired

Fully let to 3 tenants- Brentano Suites (720), Genesis Cancer Care (710) and Medik8 (730/740)

Total passing rent of £1,351,733 per annum, reflecting a low average rent of £24.30 per sq ft.

Attractive WAULT of 8.60 years to expiry and 5.16 years to break.

The property benefits from 229 car parking spaces

Large 4.23 acre site. The site extends to 3 acres, with a low site cover of just 28%.

Potential to realise break-up value as part of the business plan.