Unit 1A, 6 Greycaine Road, Watford, WD24 7GP
£260.42 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,152 sq ft
107 sq m
- SECTOR
Commercial property for sale
Key features
- Virtual Freehold (992 years remaining)
- VAT Applicable
- Use Class E
- Ground Floor Premises
- Income via a lease back to Nairobi Coffee & Tea Company Limited (The) - Company number: 00399998
Description
This ground floor premises is being sold as an investment via a lease back.
The property is available via a virtual freehold with 992 years remaining.
VAT is applicable on the purchase price.
Location
Situated in North Watford on Greycaine Road with good access to Junction 5 of the M1 Motorway, the A41 and Junctions 19, 20 and 21 of the M25.
Railway access is available at North Watford Station a short walk away. This provides a connection between Watford Junction (from there to Euston in 18 minutes) and St Albans.
Terms
Subject to a new effective full repairing and insuring underlease to Nairobi Coffee & Tea Company Limited (The) - Company number: 00399998.
The underlease for a term of 10 years subject to an open market rent review at the 5th year at an initial rent of £20,000 pax + VAT.
The lease will be subject to a tenant option to determine at the 5th year upon 6 months prior notice.
Brochures
Unit 1A, 6 Greycaine Road, Watford, WD24 7GP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Watford North Station0.1 miles
- Garston (Herts) Station0.9 miles
- Watford Junction Station1.0 miles
Notes
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