10-12 Caxton Way, Watford, WD18 8JY
18,472 Sq Ft / Industrial / General Industrial
For Sale
- £1,750,000.00
To Let
- £300,000.00
per annum
Under Offer - Last updated: 08 April 2024
Summary
A detached industrial/warehouse unit on Watford Business Park totalling 18,472 sq ft on a site of 0.86 acres
Key Points
7.9m eaves to unit 15.8m eaves to unit 2To be refurbished3 full height loading doorsAmple parking and yard areas
Viewings
Strictly by appointment with sole agents (Monday to Friday 0900 to 17:30)
Tenure
The property is owned on a ground lease expiring in December 2068.
The ground rent payable is £45,254 pa subject to review in June 2046.
A longer ground lease may be available by negotiation with the freeholder.
Location
Watford Business Park is located 3 miles to the south west of Watford town centre.
Watford is located 12 miles north west of Central London. The town is well served by communication links with Junction 5 of the M1 motorway and Junction 18 of the M25 within 4. 5 miles.
There is a bus service (W30) linking Watford Business Park with Watford Metropolitan Station (on the London Underground) and Watford Junction Station.Terms
The property is available to lease on a new FRI lease for a term to be agreed. The quoting rent is £300,000 per annum on the basis that the landlord fully refurbishes the building to an agreed specification.
Alternatively the ground lease (expiring December 2068) is available to purchase. Offers in excess of £1.75 million are invited to acquire the ground lease, with the property in its current condition.
Property Quote Price(s)
| Description | Sale type | Guide price | Price type |
| |
For Sale Freehold
|
£1,750,000.00
| NA |
| |
To Let
|
£300,000.00
| per annum |
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