Penguin House, Lismirrane Industrial Park, Elstree Road, Elstree, Hertfordshire, WD6 3EE
£61.00 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
90,169 sq ft
8,377 sq m
- SECTOR
Commercial property for sale
Description
**For Sale By Public Auction 22nd April 2026 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack**
A Substantial Commercial Building Arranged to Provide Two Retail Units, a Warehouse and Offices Situated on a Plot of Land Measuring Approximately 2.07 Acres (8,377 sq m) Part Let Producing £111,877 Per Annum
Tenure
Freehold
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Aldenham Country Park are within easy reach. Transport links are provided by Elstree & Borehamwood rail station and the M1.
Description
The property comprises a substantial commercial building arranged to provide two retail units, a warehouse and offices situated on a plot of land measuring approximately 2.07 Acres (8,377 sq m).
Accommodation & Tenancy Schedule
| Property | Floor | Accommodation | Tenancy Details | Current Rent |
| Retail Unit | Ground | Shop Area | Let to Rebourne Gym for a term of 5 years from 2023 | £46,877 Per Annum |
| Retail Unit | Ground | Shop Area | Let to Firestar Toys for a term of 10 years from 2024 | £65,000 Per Annum |
| Warehouse | Ground | G.I.A Approximately 12,591 sq ft | Vacant | N/A |
| Ancillary Space | Ground and Mezzanine | G.I.A Approximately 3,233 sq ft | Vacant | N/A |
| Ancillary Space | Mezzanine | G.I.A Approximately 3,983 sq ft | Vacant | N/A |
| Offices | First | G.I.A Approximately 9,307 sq ft | Vacant | N/A |
| Offices | Second | G.I.A Approximately 3,340 sq ft | Vacant | N/A |
Current Rent Reserved £111,877 Per Annum
Exterior
The property benefits from approximately 140 car parking spaces.
Tenancy
If let at a comparable rate to the current leases, the property has an estimated rental value of £650,000 per annum.
Viewing Schedule (No Booking Required)
Wednesday 15 April 09:30 - 10:00
Friday 17 April 09:30 - 10:00
Monday 20 April 09:30 - 10:00
Brochures
Penguin House, Lismirrane Industrial Park, Elstree Road, Elstree, Hertfordshire, WD6 3EE
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Stanmore Station1.7 miles
- Elstree & Borehamwood Station1.7 miles
- Canons Park Station2.6 miles
Notes
Disclaimer - Property reference 339697. 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 Auction House London, 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House London, London on 020 7870 6217.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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