1a Greycaine Road, Watford, WD24 7GP

Description
This is a rare opportunity to purchase a secure gated yard in Watford.

The site covers an area of 0.45 acres and comprises of a yard with the benefit of a single storey workshop with water and electric supply.

A palisade fence surrounds the property. There is a gated entrance on the eastern side of the site allowing vehicular access from the western arm of Greycaine Road via an access way over intervening land.

The site does not encompass any statutory or locally listed buildings and is not located within a Conservation Area.

The site is currently let to Venture Transport (Hendon) (1965) Ltd for a term of 10 years from April 2022 with a rent review at the 5th anniversary and a mutual break option subject to not less than 6 months written notice from 30th April 2027.

The passing rent is £55,000 per annum exclusive.

Location
The property is strategically situated on the Greycaine Estate just off Bushey Mill Lane in North Watford. Junction 5 of the M1 is within 1.5 miles, thereby to the M25 (Junctions 20 & 21) and national motorway network leading to Heathrow, Gatwick, Stansted & Luton Airports.

North Watford station is within walking distance and this connects Watford Junction mainline railway station (Euston 18 minutes) to St Albans.

Other occupiers on the estate include Booker Wholesalers, KD Wholesale Cash & Carry, National Tyres, Halfords Autocare, Hiretest, Decor Tiles, Dulux and Herts Traffic Management.