Unit 3, Devonshire Business Centre, Cranborne Road, Potters Bar, Hertfordshire, EN6 3JR
Size
2,758
Tenure
Freehold
EPC
Ask agent
Parking
7
- Primary use
- Light industrial
No floor / site plan
Key features
- Freehold
- Income of £47,000 per annum
- Rental Growth Pattern and Reversionary Uplift Opportunity
- Stable Tenant in Occupation Since Sept 2019
Description
Potters Bar occupies a superb location adjoining Junctions 23 and 24 of the M25 with easy links to the A1M and M1 just 15 miles north of Central London.
The railway station provides a fast service to London Kings Cross / St Pancras and the town provides a full range of shopping, recreational and restaurant facilities.
The property is located on the main Cranborne Commercial Estate which is on the west side of town and offers a particularly convenient link direct to the M25 / A1(M) at South Mimms.
Description
Attractive and unusual investment opportunity.
High quality building in a modern development.
Service Charge Information
There is a small estate service charge that the tenant is liable for under the terms of their lease.
Accommodation Text
A high-quality end of terrace office / warehouse / workshop that forms part of a modern development.
It has an attractive design with a front-loading shutter, servicing area and good parking provision.
The first floor extends the full span of the property and has been fitted out as high quality air-conditioned offices.
The warehouse / workshop area on the ground floor has also been fitted out as offices and features a board room.
The roller shutter is functional therefore the ground floor could easily be repurposed back into warehousing / storage space.
There are 7 allocated parking spaces in total. 2 directly outside the front of the unit and a further 5 to the side.
Tenure Comments
The property is for sale on a freehold basis subject to the occupational lease referred to.
The property is currently let on a full repairing and insuring lease to BTS Group Services Limited expiring on 17 September 2029 at a rent of £47,000 per annum (reviewed in September 2024).
A copy of the lease documents a credit report for the tenant is available upon request.
The property is currently elected for VAT however the owner is able to de-elect prior to sale should this assist the purchaser.
Legal Costs
Each party to cover their own legal costs.
EPC
C - 68
Viewing
For further information please contact Davies & Co on
Daniel Hiller d.
Clay Davies c.
- Clear height
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- Yard depth
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- Service charge
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- Business rates
- £20,196
- Use class
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirements- BREEAM rating
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- Environmental description
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Brochure
Unit 3, Devonshire Business Centre, Cranborne Road, Potters Bar, Hertfordshire, EN6 3JR
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Disclaimer - Property reference 7950FH. 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 M R Davies, Hatfield . 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.