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Brookdell Transport Yard, St Albans Road, Watford, WD25 0GB

1.2 acres / Industrial / Yard Area

Sold - Last updated: 17 August 2021

Location

Brookdell Transport Yard is prominently located in an enviable position just 100 metres off Junction 6 of the M1, one mile of Junction 21A of the M25 and 20 miles from the heart of London.

Situated in North Watford on St Albans Road (North Orbital dual carriage way) the property is easily accessible to the national motorway network, Luton, Stansted, Heathrow and Gatwick airports. The town centres of Watford, St Albans and Hemel Hempstead are within 2.5 miles, 5.3 miles and 7.5 miles respectively.

 

Accommodation

This unique property comprises a site area of approx. 1.2 acres together with a detached office of 1,020 sq ft (NIA) and a fully fitted state of the art two bay vehicle workshop of 4,052 sq ft (GIA). Planning consent has also been granted to demolish the office and replace it with a new two-storey office building amounting to approx. 3,500 sq ft attached to the existing workshop.

 

Terms

REQUEST FOR OFFERS BY FRIDAY 16th APRIL 2021

The property is offered for sale freehold subject to a lease to Mullany’s Coaches Limited for a term of 15 years that commenced 31st October 2016 subject to rent reviews at each 5th anniversary of the term. The next review is therefore due 31st October 2021.

The current rent is £XXX per annum exclusive.

The lease is also subject to a mutual option to determine 30th April 2022 conditional upon either party serving at least 6 months prior notice.


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