Units 3-6 Mowat Industrial Estate
Mowat Industrial Estate, Watford, WD24 7UY
12,298 sq ft Enquire NowIncome producing freehold purchase representing 9.11% Gross yield.....
Summary
- Attractive yield investment
- Net income of approximately £364,450
- Freehold interest
- 17 car parking spaces
Location
Mowat Industrial Estate is well located within a short distance of St Albans Road, the A41 North Western Avenue and Junction 5 of the M1. Sandown Road links Bushey Mill Lane with Balmoral Road and Radlett Road, close to the latter's junction with St Albans Road.
Access to the national motorway network is excellent with Junction 5 of the M1 approximately one mile away and Junction 19 and 20 of the M25, less than a 10-minute drive. Watford Junction Railway Station and town centre all within 1.5 miles and Watford North Railway Station and local bus routes are within easy reach.
Get directions from Google Maps
Mainline Stations
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Watford North4 mins
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Watford Junction13 mins
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Garston (Hertfordshire)20 mins
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Watford High Street27 mins
Underground Station
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Watford Junction12 mins
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Watford High Street27 mins
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Watford29 mins
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Bushey37 mins
Further Information
Price £4,000,000
Rates Payable Rates to be separately assessed.
Service 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 freehold interest consists of two ground floor units which have been sold off on long leaseholds and the first floor which is income producing along with 17 demised car parking spaces. The first floor consists of 33 self-contained loft style office/workshop units which are finished to a high standard with polished concrete floors and double height windows. There is a centrally located kitchen/breakout area along with W/C facilities. All units are currently let and producing a net income of approx. £364,450 per annum as of April 2026.
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