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8-9 Lismirrane Industrial Park, Elstree Road
Elstree WD6 3EE
Warehouse & Yard · Light Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- The property fronts on to the A411 Elstree Road
- Within yards of the A41 and the popular Centennial Business Park
EXECUTIVE SUMMARY
The freehold property comprises a detached former warehouse and office complex totaling 39,012 sq.ft GIA, which has been divided into several units, with 2 parts currently let out, having a site area for the freehold unit of 1.699 ac including the shared estate road. Space available for occupation includes the main warehouse and 2 storey space plus the first and second floor offices. There is also a further car parking area to the rear as shown hatched yellow in the photo held on a long lease for 999 years at a peppercorn rent. This plot totals approx 10,621 sq.ft (986 sq.m) or 0.24 ac and is only permitted to be used as parking. Total plot sizes 1.939 ac.
The property has been used in the past as a warehouse and office HQ by McNicholas Contruction. More recently planning consent was granted for vertical farming in the main warehouse falling within a ‘Sui Generis’ use class but we do not anticipate any problems reverting to a warehouse use subject to planning. The property could also suit a wide range of uses including leisure subject to planning.
The property has been used in the past as a warehouse and office HQ by McNicholas Contruction. More recently planning consent was granted for vertical farming in the main warehouse falling within a ‘Sui Generis’ use class but we do not anticipate any problems reverting to a warehouse use subject to planning. The property could also suit a wide range of uses including leisure subject to planning.
PROPERTY FACTS
| Sale Type | Investment | Net Internal Area (NIA) | 39,107 sq ft |
| Tenure | Freehold | No. Floors | 4 |
| Property Type | Light Industrial | Year Built | 2000 |
| Property Subtype | Light Manufacturing | Parking Allocation | 3.08/1,000 sq ft |
| Costar Property Class | B | No. Dock-High Doors/Loading | 5 |
| Total Plot Size | 2.07 ac | No. Drive In / Grade-Level Doors | 5 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Light Industrial |
| Property Subtype | Light Manufacturing |
| Costar Property Class | B |
| Total Plot Size | 2.07 ac |
| Net Internal Area (NIA) | 39,107 sq ft |
| No. Floors | 4 |
| Year Built | 2000 |
| Parking Allocation | 3.08/1,000 sq ft |
| No. Dock-High Doors/Loading | 5 |
| No. Drive In / Grade-Level Doors | 5 |
AMENITIES
- 24 Hour Access
- Fitness Centre
- Security System
- Storage Space
UTILITIES
- Lighting
- Water
- Sewer
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MATTERPORT 3D EXTERIOR
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