Property photos
£895,000
(£249.51/sq. ft)
Light industrial for sale
Capital Business Centre, Garnett Close, Greycaine Road, Watford WD243,587 sq. ft
Local area information
Property location
Nearby amenities
- Parkgate Infants' and Nursery School 0.2 miles
- The Grove Academy 0.3 miles
- Watford North 0.3 miles
- Garston (Hertfordshire) 0.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold Investment For Sale
- Industrial / Warehouse / Trader Counter Use
- Well Let To Tucker French Limited
- Rent of £63,000 Per Annum From 31st July 2025.
- No VAT Applicable.
The unit comprises a mid-terrace industrial building constructed with brick elevations and profile steel cladding above which are used as a plumbing and heating trade counter. The unit includes offices, warehouse and trade counter to the ground floor with an extensive mezzanine floor providing offices and additional storage accommodation.
There is a large loading and car parking area to the front of the unit.
Investment summary
The premises are currently let to Tucker French Limited for a term of 10 years from 17th November 2015 at a passing rent of £43,000. The property will be sold subject to a new 20 year lease that will commence on 31st July 2025 at a passing rent of £63,000 per annum with five yearly upwards only rent reviews and five year tenant break options. The lease is inside the Landlord & Tenant Act 1954 Part II.
There is a large loading and car parking area to the front of the unit.
Investment summary
The premises are currently let to Tucker French Limited for a term of 10 years from 17th November 2015 at a passing rent of £43,000. The property will be sold subject to a new 20 year lease that will commence on 31st July 2025 at a passing rent of £63,000 per annum with five yearly upwards only rent reviews and five year tenant break options. The lease is inside the Landlord & Tenant Act 1954 Part II.
More information
Listed by
Duncan & Bailey-Kennedy
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