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Warehouse & Yard 8­-9 Lismirrane Industrial Park, Elstree Road 39,107 sq ft 54% Let Light Industrial Property Elstree WD6 3EE £6,500,000 (£166.21/sq ft)

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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.

PROPERTY FACTS

Price £6,500,000
Price per sq ft £166.21
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

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste Office & Studio
  • 3,394-9,307 sq ft
  • Office
  • Full Fit-Out
  • Now

The unit comprises the first floor offices plus a large first floor studio space with a passenger lift suitable for class E use or a variety of other uses, subject to planning. 2nd floor offices of 3,340 Sq Ft may also be available.

  • 2nd Floor
  • 3,340 sq ft
  • Office
  • Full Fit-Out
  • Now

The unit comprises the first floor offices plus a large first floor studio space with a passenger lift suitable for class E use or a variety of other uses, subject to planning. 2nd floor offices of 3,340 Sq Ft may also be available.

  • 2nd Fl-Ste Studio
  • 5,400 sq ft
  • Office
  • Full Fit-Out
  • Now

The unit comprises first floor studio space with a passenger lift suitable for class E use or a variety of other uses, subject to planning.

Space Size Space Use Condition Available
1st Fl-Ste Office & Studio 3,394-9,307 sq ft Office Full Fit-Out Now
2nd Floor 3,340 sq ft Office Full Fit-Out Now
2nd Fl-Ste Studio 5,400 sq ft Office Full Fit-Out Now

1st Fl-Ste Office & Studio

Size
3,394-9,307 sq ft
Space Use
Office
Condition
Full Fit-Out
Available
Now

2nd Floor

Size
3,340 sq ft
Space Use
Office
Condition
Full Fit-Out
Available
Now

2nd Fl-Ste Studio

Size
5,400 sq ft
Space Use
Office
Condition
Full Fit-Out
Available
Now

1st Fl-Ste Office & Studio

Size 3,394-9,307 sq ft
Space Use Office
Condition Full Fit-Out
Available Now

The unit comprises the first floor offices plus a large first floor studio space with a passenger lift suitable for class E use or a variety of other uses, subject to planning. 2nd floor offices of 3,340 Sq Ft may also be available.

2nd Floor

Size 3,340 sq ft
Space Use Office
Condition Full Fit-Out
Available Now

The unit comprises the first floor offices plus a large first floor studio space with a passenger lift suitable for class E use or a variety of other uses, subject to planning. 2nd floor offices of 3,340 Sq Ft may also be available.

2nd Fl-Ste Studio

Size 5,400 sq ft
Space Use Office
Condition Full Fit-Out
Available Now

The unit comprises first floor studio space with a passenger lift suitable for class E use or a variety of other uses, subject to planning.

  • Listing ID: 38633846

  • Date on Market: 03/12/2025

  • Last Updated:

  • Address: 8­-9 Lismirrane Industrial Park, Elstree Road, Elstree WD6 3EE

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