Industrial for sale in Unit 11, Paramount Industrial Estate, Watford WD24

Key Points

Description

The property is located at lower ground floor level totalling 4,326 sq ft (gia). There is pedestrian access by way of two stairwells and goods loading is via an 8ft wide X 10ft long 2 ton goods lift.

Location

Located on the Paramount Industrial Estate in Sandown Road, North Watford, within 11⁄2 miles of the M1 Motorway (Junction 5). The M25 (Junctions 19/20/21) are all approximately 21⁄2 miles distant and thereby to the national motorway network, Luton, Heathrow, Gatwick and Stansted Airports.

North Watford Station is within a short walk and this connects Watford Junction (Euston 18 minutes) to St Albans. The main line station also provides fast services to Birmingham and the north and a direct link to Gatwick Airport. Underground (Metropolitan Line) at West Watford connects to Baker Street.

Terms

The property is for sale as a virtual freehold and is held on a long leasehold interest for a term of 250 years from 3rd March 1980 expiring 2nd March 2230 (approx. 207 years remaining). The lease is subject to a ground rent that is reviewed every 10 years from 3rd March 2000 and is currently £990.34 per annum.

Availability_Text

The accommodation comprises the following areas: