Industrial for sale in Unit 11, Paramount Industrial Estate, Watford WD24
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Property description
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.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Forest Real Estate, WD17 on +44 1923 908858 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Forest Real Estate, and do not constitute property particulars. Please contact Forest Real Estate for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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