Property photos
Freehold
From
£300,000
(£260.42/sq. ft)
Property for sale
Unit 1A, 6 Greycaine Road, Watford WD241,152 sq. ft
Local area information
Property location
Nearby amenities
- Watford North 0.1 miles
- Parkgate Infants' and Nursery School 0.2 miles
- Parkgate Junior School 0.3 miles
- Garston (Hertfordshire) 0.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Virtual Freehold (992 years remaining)
- VAT Applicable
- Use Class E
- Ground Floor Premises
- Income via a lease back to Nairobi Coffee & Tea Company Limited (The) - Company number: 00399998
Description
This ground floor premises is being sold as an investment via a lease back.
The property is available via a virtual freehold with 992 years remaining.
VAT is applicable on the purchase price.
Location
Situated in North Watford on Greycaine Road with good access to Junction 5 of the M1 Motorway, the A41 and Junctions 19,20 and 21 of the M25.
Railway access is available at North Watford Station a short walk away. This provides a connection between Watford Junction (from there to Euston in 18 minutes) and St Albans.
Terms
Subject to a new effective full repairing and insuring underlease to Nairobi Coffee & Tea Company Limited (The) - Company number: 00399998.
The underlease for a term of 10 years subject to an open market rent review at the 5th year at an initial rent of £20,000 pax + VAT.
The lease will be subject to a tenant option to determine at the 5th year upon 6 months prior notice.
This ground floor premises is being sold as an investment via a lease back.
The property is available via a virtual freehold with 992 years remaining.
VAT is applicable on the purchase price.
Location
Situated in North Watford on Greycaine Road with good access to Junction 5 of the M1 Motorway, the A41 and Junctions 19,20 and 21 of the M25.
Railway access is available at North Watford Station a short walk away. This provides a connection between Watford Junction (from there to Euston in 18 minutes) and St Albans.
Terms
Subject to a new effective full repairing and insuring underlease to Nairobi Coffee & Tea Company Limited (The) - Company number: 00399998.
The underlease for a term of 10 years subject to an open market rent review at the 5th year at an initial rent of £20,000 pax + VAT.
The lease will be subject to a tenant option to determine at the 5th year upon 6 months prior notice.
More information
Listed by
Forest Real Estate
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Property descriptions and related information displayed on this page are marketing materials provided by - Forest Real Estate. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Forest Real Estate for full details and further information.