Situated on Beechen Grove opposite Charter Place and the Intu Shopping Centre, close to Watford High Street and within one mile of Watford Junction Station.
Easy access to the M1 at Junction 5 and thereby to the M25 and the whole motorway system throughout the South East.
A prominent corner unit shown for identification purposes edged pink on the attached plan and comprising some 1,325 sq ft IPMS 3 (net internal equivalent).
The property has the benefit of:
o Wall mounted air conditioners
o Wall mounted electric heaters
o Security Alarm
o Security Shutter
o 5 allocated car parking spaces
o WC Facilities
o Server room with A/C
(All the above are not tested)
The premises have good floor to ceiling height, with concrete floor which could accommodate a raised floor.
Rateable Value: £24,000
Rates payable 2020/2021: £11,976
Rates payable should be verified with Watford Council Tel: 01923 278466.
Assignment of the current FRI lease which commenced from November 2018 for a term of 5 years, subject to a photographic schedule of condition with a tenants only break option November 2021.
Currently £28,000 per annum exclusive
Rising in year 3 to £30,000 per annum exclusive
Year 4 - £30,000 per annum exclusive
Year 5 - £30,000 per annum exclusive
To be a fair proportion of the cost of maintaining those part of the premises relevant to the demise (more details upon request)
5 car parking spaces will be allocated in the underground car park.