Investment Opportunity Available via a Sale and Lease Back.
Summary
- Freehold
- 5 Parking Spaces
- Three Phase Power
- x2 Security Shutters
- Income via a lease back to Photo Paper Direct Ltd - Company number: 04581446
Accommodation
The accommodation comprises the following areas:
| Name | sq ft | sq m |
| Ground | 4,448 | 413.23 |
| Mezzanine | 709 | 65.87 |
| Total | 5,157 | 479.10 |
Location
The property is on the Shakespeare Industrial Estate, which is accessed via either Shakespeare Street or Acme Road directly off Leavesden Road, approx. 1½ miles north of the Town Centre.
Road communications are excellent, with both M1 (Junction 5) and M25 (Junctions 19 and 20) Motorways being a short driving distance.
Watford Junction Railway Station (Euston 18 minutes) is approx. 1.5 miles.
Get directions from Google Maps
Mainline Stations
-
Watford Junction12 mins
-
Watford North13 mins
-
Watford High Street26 mins
-
Garston (Hertfordshire)28 mins
Underground Station
-
Watford Junction11 mins
-
Watford21 mins
-
Watford High Street26 mins
-
Bushey37 mins
Further Information
Price £825,000
Rates Payable Paid by the tenant.
Service Charge £740 per annum
Description
Bringing to the market a freehold investment site located in an established industrial estate in Watford, which is available via a sale and lease back.
The headline rent will be £63,000 per annum, under the terms of a 10 year lease with a tenant only break and rent review at the 5th anniversary. Lease to be taken under Photo Paper Direct Ltd (04581446) who have been established since 2002.
5 parking spaces are included within the demise.
VAT is not applicable.
Downloads
Gallery
