Two Detached Grade A Office Buildings Totalling 76,000 Sq Ft on a site of approx 6.53 acres Gross

 

Summary

  • Two detached office buildings extending to approx 76,000 sq ft
  • Situated on a site of approx 6.53 acres Gross / 3.45 acres Net
  • High specification accomodation
  • Open-plan floorplates and private offices
  • Modern VRV air-conditioning
  • Approx 285 car parking spaces
  • Strong occupier appeal and rental demand fundamentals
  • Long-term alternative use prospects

Location

Tolpits Lane is located within one of Watford’s most established commercial corridors, providing a well-connected and highly practical location for offices, light industrial premises and distribution warehouses.

The area benefits from excellent roadside prominence alongside a well-established cluster of business parks and modern industrial estates, making it an attractive destination for occupiers seeking convenient access to London without the congestion associated with central locations.

Tolpits Lane offers excellent connectivity to the regional motorway network. The A4145 (Tolpits Lane) links directly to the surrounding A-road network and provides straightforward access to the M25 via several nearby junctions, as well as the M1 (approximately 5 miles from Junction 5), allowing fast connections north, south and around London.

Watford Junction is within easy driving distance and provides frequent rail services into Central London, together with wider national connections. Nearby Metropolitan line stations, including Moor Park and the Watford branch stations, are also easily accessible, while regular bus services operate along Tolpits Lane and the surrounding business parks, offering flexible commuting options across Hertfordshire and into West and North London.

Tolpits Lane is home to a diverse mix of business parks and industrial estates, accommodating a range of office occupiers alongside warehouse and light industrial operators. The surrounding estates provide modern office accommodation as well as larger industrial and distribution units, making the location particularly popular with logistics, e-commerce fulfilment, light manufacturing and professional services businesses. This established business community also supports a strong local supply chain and access to a broad labour pool.

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Further Information

Rates Payable Upon Enquiry

Service Charge n/a


Description

The property comprises two detached Grade A office buildings, Magdalen House and Moor Building, extending to approximately 76,000 sq ft NIA across a gross site area of approximately 6.53 acres.

The buildings provide high-quality office accommodation with efficient open-plan floorplates, modern VRV air conditioning throughout and an excellent car parking provision of approximately 285 spaces, offering an attractive parking ratio for occupiers.

Magdalen House is positioned to the south-west of the site and extends to approximately 48,500 sq ft NIA over three floors. The building is designed around a central core with two prominent wing-style extensions, creating bright, flexible open-plan office space with triple-aspect glazing across each wing. The central core provides lift access to every floor together with W/C facilities, ensuring excellent accessibility and convenience throughout. Each floor within the wings extends to approximately 7,960 sq ft NIA, providing highly adaptable workspace suitable for a variety of occupier requirements.

Moor Building is situated to the north-east of the site and extends to approximately 27,800 sq ft NIA over three floors, with each floor providing around 9,000 sq ft of office accommodation. The ground floor is currently configured as an auditorium with breakout space, while the first and second floors offer predominantly open-plan office accommodation. The building is centred around a central reception and lift core, with W/C facilities available on every floor. Externally, a terrace area is positioned adjacent to the motorcycle parking bays, providing an additional breakout space for occupiers.