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LET AGREED

Unit C Boundary Park, Boundary Way, Hemel Hempstead

£14,850 pcm
£178,200 pa

£9.14 per sq. ft.

Business rates & charges may apply

Brasier Freeth, Hemel Hempstead
SIZE AVAILABLE
19,493 sq. ft.
(1,811 sq. m.)
SECTOR
Warehouse to lease

Lease details

Lease type:
Long term

Key features

  • Detached unit.
  • Substantial mezzanine.
  • 2 level access loading door.
  • 8m eaves height.
  • 39 car parking spaces.
  • Fully fitted offices at ground and first floor.
  • Excellent access to Junction 8 M1 motorway.

Property description

Tenure: Leasehold

LOCATION

Boundary Park, Boundary Way is situated in a prime logistics location on the successful Maylands Business Area of Hemel Hempstead. Accessibility by road is excellent being only 1 mile from Junction 8 of the M1 motorway from where the strategic junction with the M25 (Junction 21) is only 3 miles to the south.

The town centre and access to the A41 dual carriageway is 2.5 miles distant.

Hemel Hempstead mainline railway station is 3 miles away from where there is a fast and frequent service into London Euston (journey time of approximately 30 minutes).

Boundary Park comprises three detached units on a landscaped estate. Unit C is located to the rear of the Park. Nearby occupiers include Thermofisher, Amazon, Cormar Carpets, Majestic Wine and UTC Aerospace.

DESCRIPTION

Unit C is a high quality detached unit constructed in 2001 and substantially refurbished in 2006. The unit is of steel portal frame with a mix of profile metal cladding and blockwork elevations under a pitched profile metal clad roof. The current occupier has carried out alterations to the building and recently refurbished including new WC accommodation.

TERMS

The unit is available by way of assignment or a sub-lease on terms to be agreed.

The FRI reversionary lease is for a term of 10 years from 15 August 2018. There is a tenants break clause at 14 August 2023 subject to 9 months written notice and 2 months rent free at the start of year 6 if the break is not exercised. Lease expiry date 14 August 2028. The current rent passing is £178,200 (£9.14 per sq ft per annum exc - based on base area of 19,493 sq ft) which is subject to review at 15 August 2023.

VAT

Rent is subject to VAT at the prevailing rate.

RATES

The VOA website shows an entry in the 2017 rating list of £170,000. For rates payable for the year to 31 March 2021 please refer to the Local Rating Authority (Dacorum Borough Council ).

EPC

Energy rating: C-63.

Brochures

Unit C Boundary Park, Boundary Way, Hemel Hempstead

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Apsley Station2.5 miles
  • Hemel Hempstead Station3.0 miles
  • Kings Langley Station3.9 miles

About Brasier Freeth, Hemel Hempstead

The Courtyard, 77-79 Marlowes, Hemel Hempstead, HP1 1LF

With Brasier Freeth as your property partner you can be confident that you will receive the highest level of service. Our clients range from local and regional firms to some of the largest businesses in the UK.

We offer an extensive range of services including business space and retail agency, rent reviews and lease renewals, valuations, rating, property management, development and building consultancy. We pride ourselves on remaining friendly and approachable, so please contact us to s

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Notes

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Disclaimer - Property reference CBoundaryPark. 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 Brasier Freeth, Hemel Hempstead. 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.

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