£1,300,000
(£324.03/sq. ft)
Light industrial for saleUnit 6 Devonshire Park, Chester Road, Borehamwood WD6
4,012 sq. ft
EPC Rating: B
Freehold
About this property
Modern unit finished to an exceptional standard
Ground floor warehousing
First floor air conditioned offices
6 car parking spaces
Highly reversionary rental income
Estimated Rates Payable: £310801
Description
Unit 6 is a modern business unit which has been finished to an exceptionally high standard. The ground floor provides warehouse/production space with good eaves height and a separate area comprising a fully fitted kitchen. The original 1st floor offices have been extended and fitted with glazed partitions. The property is air conditioned throughout.
Location
Devonshire Business Park is located to the north side of Chester Road within the Borehamwood commercial area. The Park is approximately half a mile from the junction with the A1, which is in turn 3 miles from Junction 23 of the M25 (South Mimms). Elstree and Borehamwood stations are approximately one mile away.
Viewings
Strictly by appointment via sole agent.
Terms
The property is available for sale freehold subject to a lease to the current tenant which expires 14th June 2030. The current passing rent is £55,000 per annum (£13.70 per sq ft) and is due for review in June 2025. Recent lettings of similar properties in Borehamwood have achieved rents of £19.00 to £23.50 per sq ft which makes this a highly reversionary investment opportunity.
Please contact us for further information.
Unit 6 is a modern business unit which has been finished to an exceptionally high standard. The ground floor provides warehouse/production space with good eaves height and a separate area comprising a fully fitted kitchen. The original 1st floor offices have been extended and fitted with glazed partitions. The property is air conditioned throughout.
Location
Devonshire Business Park is located to the north side of Chester Road within the Borehamwood commercial area. The Park is approximately half a mile from the junction with the A1, which is in turn 3 miles from Junction 23 of the M25 (South Mimms). Elstree and Borehamwood stations are approximately one mile away.
Viewings
Strictly by appointment via sole agent.
Terms
The property is available for sale freehold subject to a lease to the current tenant which expires 14th June 2030. The current passing rent is £55,000 per annum (£13.70 per sq ft) and is due for review in June 2025. Recent lettings of similar properties in Borehamwood have achieved rents of £19.00 to £23.50 per sq ft which makes this a highly reversionary investment opportunity.
Please contact us for further information.
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