Unit 11, Paramount Industrial Estate, Watford, WD24 7XA

£30,000

Size

4,326

Lease length

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EPC

Parking

1

Spaces

1

Space
Space use
Size
Availability
Lower Ground
Light industrial
4,326
Available
Size
Price
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Price per
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Primary use
Light industrial

No floor / site plan

Key features

  • 2 ton goods lift loading
  • Up to 4.2 metre clear height
  • On site Caretaker
  • 1 on site car parking space
  • 3 Phase Power available

Description

For Sale or To Let - Lower Ground Floor Industrial / Storage Premises

Additional information

Clear height
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Yard depth
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Let type
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Let contract length
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Status
Available
Date available
12 June 2023
Service charge
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Business rates
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Key features

  • 2 ton goods lift loading
  • Up to 4.2 metre clear height
  • On site Caretaker
  • 1 on site car parking space
  • 3 Phase Power available

Description

Description
Situated at lower ground floor level totalling 4,326 sq ft (GIA) with goods loading via an 8ft wide X 10ft long 2 ton goods lift.

Location
The Paramount Industrial Estate is located on Sandown Road, North Watford, within 1½ miles of the M1 Motorway (J5). The M25 (J's 19/20/21) are all approximately 2½ miles distant and thereby to the national motorway network, Luton, Heathrow, Gatwick and Stansted Airports.

North Watford Station within a short walk connects Watford Junction (Euston 18 minutes) to St Albans. The main line station also provides fast services to Birmingham and the north plus a direct link to Gatwick Airport. Underground (Metropolitan Line) at West Watford connects to Baker Street.

Terms
The property is either available for sale as a virtual freehold held on a 250 year long leasehold interest from 3rd March 1980 expiring 2nd March 2230 (approx. 205 years remaining). The lease is subject to a ground rent reviewed every 10 years from 3rd March 2000 and is currently £990.34 per annum.

Alternatively, a new lease can be offered for a term to be agreed (minimum 12 months) at rent of £30,000 per annum exclusive of Utilities, Business Rates & Service Charge.
Additional information
Let type
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Let contract length
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Status
Available
Date available
12 June 2023
Service charge
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Business rates
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Use class
E, B2, B8
Floors in building
1
Energy performance certificate: D

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 11, Paramount Industrial Estate, Watford, WD24 7XA

NEAREST STATIONS

National Rail

Watford North Station

0.2 miles

National Rail
London Overground

Watford Junction Station

0.7 miles

National Rail

Garston (Herts) Station

1.18 miles

About Forest Real Estate, Watford

Forest Real Estate, Watford 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 153186-2. 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, Watford. 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.