£825,000
(£486.15/sq. ft)
Office for saleNickron House, 1 Bury Lane, Rickmansworth WD3
1,697 sq. ft
Freehold
About this property
Let on full repairing lease for 5 years from August 2025
Passing Rent £45,000 per annum exclusive
Refurbished building with parking
Suitable for investment and owner occupation on expiry of the lease
Estimated Rates Payable: £17215.2
Description
Nickron House is a modern and well-presented office building, ideally situated just a stone’s throw from Rickmansworth High Street. The property is arranged over two storeys. The ground floor comprises two smaller offices, a larger office, WC facilities, and a kitchenette. The first floor features an open-plan office space, a further large office, and a dedicated meeting room. The building comes with 8 allocated parking spaces.
Location
Bury Lane is located just off Rickmansworth High Street where there are a number of retailers such as Wenzel's, Iceland, Starbucks, Marks & Spencer and several pubs and restaurants. Rickmansworth underground station is just 0.8 miles from Bury Lane and is served by the Metropolitan Line providing easy access into Central London.
Lease Terms
The property is let on full repairing terms, subject to a schedule of condition, for a term of 5 years from 1 August 2025 at a rent of £45,000 per annum exclusive. The lease contains a tenant's only option to determine at the end of the 4th year (1 August 2029), subject to 6 months prior written notice. The lease expires on 31 July 2030 and is excluded from the Landlord and Tenant Act 1954.
Anti Money Laundering
To comply with the Money Laundering Regulations 2017, we are legally required to verify the identity of all parties to a transaction. Prospective purchasers must provide satisfactory identification documents and information regarding the source of funds. These checks will be carried out by an independent party before any agreement is formally entered into. The purchaser will be responsible for these costs.
Nickron House is a modern and well-presented office building, ideally situated just a stone’s throw from Rickmansworth High Street. The property is arranged over two storeys. The ground floor comprises two smaller offices, a larger office, WC facilities, and a kitchenette. The first floor features an open-plan office space, a further large office, and a dedicated meeting room. The building comes with 8 allocated parking spaces.
Location
Bury Lane is located just off Rickmansworth High Street where there are a number of retailers such as Wenzel's, Iceland, Starbucks, Marks & Spencer and several pubs and restaurants. Rickmansworth underground station is just 0.8 miles from Bury Lane and is served by the Metropolitan Line providing easy access into Central London.
Lease Terms
The property is let on full repairing terms, subject to a schedule of condition, for a term of 5 years from 1 August 2025 at a rent of £45,000 per annum exclusive. The lease contains a tenant's only option to determine at the end of the 4th year (1 August 2029), subject to 6 months prior written notice. The lease expires on 31 July 2030 and is excluded from the Landlord and Tenant Act 1954.
Anti Money Laundering
To comply with the Money Laundering Regulations 2017, we are legally required to verify the identity of all parties to a transaction. Prospective purchasers must provide satisfactory identification documents and information regarding the source of funds. These checks will be carried out by an independent party before any agreement is formally entered into. The purchaser will be responsible for these costs.
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