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For RentROA

Unit S, Penfold Trading Estate, Imperial Way, Watford

Warehouse, Industrial, Offices, Office , 2363 Sq Ft
Property type: Warehouse, Industrial, Offices, Office
Tenure: To Let
Size: 2363 Sq Ft
Rent: ROA
Location: Unit S, Imperial Way, Watford, WD24 4YY
The Penfold Trading Estate comprises some 103,000 sq ft/9,568 sq m in 24 units with parking for 175 cars as shown on the attached plan.

LOCATION

The Estate is very well located within approximately one mile of Junction 5 on the M1, and from there to the M25 at Junctions 19/20. Watford Junction Railway Station and Town Centre are 1.5 miles approximately. The location has already been recognised by a number of well-known companies which include Howden Joinery, Screwfix, City Electrical Factors (CEF), Thrifty, Dhamechia Foods and Sigma Pharmaceuticals.

DESCRIPTION

Industrial/Warehouse area 2,384 sq ft 221.50 sq m
Including office/store

AMENITIES

Features include kitchenette, central heating, double glazing, lighting, carpeting and skirting trunking throughout the offices, male and female WC’s within the warehouse, plus on site car parking.

TERMS
On application - A new effective full repairing and insuring lease for a term and rent to be agreed.

All terms quoted are exclusive of usual outgoings, VAT and subject to contract.

RENT
£38,000 per annum exclusive.

RATES
Rateable Value - £22,250
Rates payable 2019/2020 - £10,924.75
Rates payable should be verified with Watford Council on 01923 278466.

SERVICE CHARGE
The estate has a service charge levied at a rate of £1.10 per sq ft per annum approximately to cover items such as external maintenance, roofs, gutters etc, cleaning of the estate, skips and waste removal, maintenance of the yard and perimeter fencing, management of the estate, security if appropriate etc.

REPAIR AND MAINTENANCE OBLIGATIONS
The Landlord maintains the exterior of the premises through the service charge. The tenant must maintain the premises in good and substantial repair.

VAT
All figures exclusive of VAT. The Landlords have elected to tax and therefore rent and other outgoings will be subject to VAT at the standard rate.
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