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Chester Rd 4,025 sq ft Industrial Unit Offered at £950,000 in Borehamwood WD6 1NA
Investment Highlights
- Located within the modern Devonshire Business Park where nearby occupiers include Howdens, Travis Perkins and Halfords
- Good road links
- Located 0.4 miles from the A1 connecting to both the M1 and M25
Executive Summary
The property is situated midway between Manor Way and Warwick Road with Chester Road to the South and Elstree Way to the north. Borehamwood is situated some ten miles north\-west of central London, just south of the M25 \(Junction 22\) and between the M1 and A1. The town also enjoys regular rail services to central London.
1 Unit Available
Unit Unit 6
| Unit Size | 4,025 sq ft | Sale Type | Investment |
| Price | £950,000 | Tenure | Freehold |
| Price Per sq ft | £236.02 | No. Parking Spaces | 6 |
| Unit Use | Industrial | Sale Conditions | Auction Sale |
| Unit Size | 4,025 sq ft |
| Price | £950,000 |
| Price Per sq ft | £236.02 |
| Unit Use | Industrial |
| Sale Type | Investment |
| Tenure | Freehold |
| No. Parking Spaces | 6 |
| Sale Conditions | Auction Sale |
Description
Comprises a modern two storey business unit in an established business park. Arranged over ground and first floor to provide storage and office accommodation.
Sale Notes
Freehold Industrial Investment with Gross Initial Yield 7.33%.
Entirely let to Gemec Limited on a 10 year lease expiring in 2030, with no further breaks.
Property Facts
| Total Property Size | 16,586 sq ft | Typical Floor Size | 7,953 sq ft |
| Property Type | Light Industrial (Unit) | Year Built | 2006 |
| Property Subtype | Light Manufacturing | Total Plot Size | 0.18 ac |
| Costar Property Class | B | Parking Allocation | 1.45/1,000 sq ft |
| Floors | 3 |
| Total Property Size | 16,586 sq ft |
| Property Type | Light Industrial (Unit) |
| Property Subtype | Light Manufacturing |
| Costar Property Class | B |
| Floors | 3 |
| Typical Floor Size | 7,953 sq ft |
| Year Built | 2006 |
| Total Plot Size | 0.18 ac |
| Parking Allocation | 1.45/1,000 sq ft |
Amenities
- Accent Lighting
- Roller Shutters
- Storage Space
- Air Conditioning
- Raised Floor System
Utilities
- Lighting
- Heating
Presented by
Chester Rd
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