Unit 502

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Key Points

Summary

For Sale or To Let - Grade A Office Building

Description

A semi-detached two storey Grade A specification office building of 3,043 ft² net constructed in 2008.

Viewings

Strictly by appointment with sole agent

Location

Centennial Park is a low density business park renowned for its high-quality landscaped environment. It benefits from excellent transport links to Central London and the north via the A41 and M1 Motorway (adjacent to Jct.4) and thereby to the M25, M40, M4, M11, Heathrow, Gatwick, Stansted and Luton Airports.

Main line rail services are at Elstree & Borehamwood (St Pancras / Kings Cross) and Watford (Euston) plus Underground services at Stanmore (Jubilee Line) and Watford (Metropolitan Line). There are regular bus services from the Park.

The business park also has the benefit of a De Vere Village 140 bedroom Hotel with full Health Suite, Swimming Pool, Restaurants and Coffee Shop.

Terms

For Sale or To Let as follows (VAT is payable): -
Virtual Freehold: For the benefit of the long leasehold (984 years remaining at a peppercorn rent).
Price: OIRO £1,200,000
Alternatively a new Lease: Full repairing & insuring for a term to be agreed.
Rent: £64,000 per annum exclusive.