17328 sq. ft (1609.83 m²)
Key features
- Approximately 17,328 Sq.ft
- Part ground floor let, producing £68,442 per annum
- Existing occupational lease expiring November 2028
- Predominantly office accommodation with ancillary storage/operational space
- Mixture of open-plan and cellular offices
- Air conditioning, raised/access flooring and suspended ceiling
- In excess of 50 on-site parking spaces
- Established Watford Business Park location
- Long leasehold interest with approximately 81 years expired
Description
The property extends to approximately 17,328 sq ft and provides predominantly office accommodation arranged over ground and first floors, together with ancillary storage and operational space.
The accommodation comprises a mixture of open-plan and cellular offices, benefiting from air conditioning, raised/access flooring, suspended ceilings and WC facilities.
Originally developed as a hybrid business building, the property retains rear loading access and ancillary dispatch/storage accommodation, providing additional flexibility for occupiers requiring a combination of office and operational space.
Externally, the property benefits from in excess of 50 on-site car parking spaces.
Part of the ground floor is currently let, providing an existing rental income, whilst the balance of the accommodation is occupied by the vendor and is expected to be available with vacant possession on completion.
The sale therefore offers an opportunity for an owner-occupier to acquire a substantial self-contained headquarters building whilst benefiting from an existing income stream.
Unit Name: g | 8648 sqft |
Unit Name: 1st | 8680 sqft |
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