1A Greycaine Road

Watford, WD24 7GP

0.45 Acres

0.45 acre site consisting of a single storey workshop and yard

Summary

Secure site area of approx 0.45 acres
Single storey workshop
Substantial concrete surfaced yard
6 minute drive to Junction 5 of the M1

Location

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.

Get directions from Google Maps

Mainline Stations

Watford North

2 mins
Garston (Hertfordshire)

14 mins
Watford Junction

19 mins
Watford High Street

32 mins

Underground Station

Watford Junction

19 mins
Watford High Street

32 mins
Watford

35 mins
Bushey

42 mins

Further Information

Price £2,000,000

Rates Payable £30,720 per annum

Service Charge n/a

Estate Charge n/a

EPC Rating This property has been set as EPC exempt.
Reason: EPC has been commissioned, will be available in less than 28 days

Description

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.