The property comprises a light industrial warehouse, showroom and store that totals 2,856 sqft which sits within a site of 5,340 sqft (0.12 acres). The site may be suitable for an owner occupier or redevelopment subject to obtaining planning consent. We are instructed to market the premises on a freehold and leasehold basis.
LOCATION
The site is located on Winton Approach off of the Watford Road A412 which has links to the M1 and M25 Motorways. By public transport, Croxley Metropolitan Line Underground Station is located 0.4 miles from the site which has links into central London via the Metropolitan Line within 40 minutes.
PROPERTY
The property comprises a light industrial warehouse, showroom and store that totals 2,856 sqft which sits within a site of 5,340 sqft (0.12 acres). The site may be suitable for an owner occupier or redevelopment subject to obtaining planning consent. We are instructed to market the premises on a freehold and leasehold basis.
TENANCIES
The site is currently let to Messrs P Woodward and R Barton for a term of 10 years from 17 May 2010 at a current passing rent of £32,500.00 per annum to expire in May 2020. We understand the current tenants lease is outside the Landlord & Tenant act 1954. A copy of the tenants lease is available upon request.
TERMS
Freehold
Offers in excess of £950,000.00 subject to contract.
Leasehold
£55,000.00 per annum exclusive subject to contract for a new lease for a term by arrangement.
VIEWINGS
Strictly by appointment through sole agents:
GEORGE MORIARTY
Listed Features
- Warehouse
- Storage
- Showroom
- Light Industrial
