1A Greycaine Road, Watford, WD24 7GP

The property comprises a secure site extending to approximately 0.45 acres, situated within the established Greycaine Industrial Estate. The site includes a single-storey workshop together with a substantial concrete surfaced yard, currently utilised as a vehicle workshop and bus depot. The site is enclosed by palisade fencing with a secure gated entrance providing vehicular access. Access is available from the eastern side of the site, together with a right of way over the western arm of Greycaine Road across intervening land. Subject to the necessary planning consents, the property may also offer redevelopment potential.

There is currently a lease in place with venture transport (Hendon) (1965) Ltd for a term of 10 years from April 2022 with a rent review at the 5th year and a mutual break option and not less than 6 months written notice from 30th April 2027. Where the current rent is £55,000 per annum exclusive.

Situated on Greycaine Road within the well-established Greycaine Industrial Estate, the property benefits from excellent transport links. The A41 is approximately 1 mile away, with Junctions 5 and 6 of the M1 within 2 miles. Watford town centre is approximately 2 miles away, while Watford Junction Station, providing direct services to London Euston, is approximately 1.5 miles from the property.