Warehouse/Industrial Unit In A Prime Trade Counter Location

 

Summary

  • Trade Counter Entrance
  • 7.9-80.1 metre minimum eaves
  • Electric roller shutter
  • 50kN/sq.m floor loading
  • 3 phase power (69kVA per unit)
  • Gas connected to each unit
  • 4 parking spaces
  • Close to Howdens, Screwfix, Easy Bathrooms, Topps TIles, Arco and Selco

Accommodation

The accommodation comprises the following gross external areas:

Namesq ftsq m
Unit - 2 3,571 331.76
Total3,571331.76
Unit 2 Hathaway Estate - Unit 2.jpg

Location

Hathaway Estate is located on Imperial Way in North Watford within 1.5 miles ofJunction 5 of the M1 at the junction with the A41. The M25 is within 4 miles.

The Imperial Way estate is home to numerous national trade counter operators including Screwfix, Howdens, Toolstation, Easy Bathrooms, Topps Tiles, City Electrical Factors (CEF) and other businesses including Sigma Pharmaceuticals.

Get directions from Google Maps

Further Information

Rent £65,481 per annum

Rates Payable £29,280 per annum

EPC Rating This property has been graded as A (25)


Description

The property, which was built in 2023, is an end terrace trade counter unit with loading to the front. Internally there is a trade showroom and full height warehouse.

Viewings

Strictly by appointment via sole agents.

Terms

The property is held on an full repairing and insuring lease expiring 1st October 2036 which is outside the Landlord and Tenant Act. The current passing rent is £65,481 per annum exclusive. There is a rent review scheduled for 1st October 2029.

The unit is available by way of a lease assignment for the remainder of the term.

VAT

The property is registered for VAT and therefore VAT will be charged on the rent and service charge.