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16-18 Shenley Rd
Borehamwood WD6 1DL
Majestic House · Office Property For Sale · 3,823 SF
PROPERTY FACTS
| Unit Size | 3,823 SF | Floors | 2 |
| No. Units | 1 | Typical Floor Size | 1,912 SF |
| Total Building Size | 3,823 SF | Year Built | 1981 |
| Property Type | Office (Condo) | Lot Size | 0.12 AC |
| Sale Type | Investment or Owner User | Parking Ratio | 2.91/1,000 SF |
| Building Class | B |
| Unit Size | 3,823 SF |
| No. Units | 1 |
| Total Building Size | 3,823 SF |
| Property Type | Office (Condo) |
| Sale Type | Investment or Owner User |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 1,912 SF |
| Year Built | 1981 |
| Lot Size | 0.12 AC |
| Parking Ratio | 2.91/1,000 SF |
1 Unit Available
Unit GF-BSM
| Unit Size | 3,823 SF | Sale Type | Investment or Owner User |
| Condo Use | Office/Retail | Tenure | Long Leasehold |
| Unit Size | 3,823 SF |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| Tenure | Long Leasehold |
Description
Comprises new-build triple fronted retail premises arranged over ground and lower ground floor, providing the following accommodation and dimensions:
Ground Floor: 230 sq m (2,475 sq ft)
Open plan retail, storage
Lower Ground Floor: 290 sq m (3,121 sq ft)
Open plan retail, ancillary
Total NIA: 520 sq m (5,596 sq ft)
Location:
Borehamwood is situated some ten miles north-west of central London, just south of the M25 (Junction 22) and between the M1 and A1. The town also enjoys regular rail services to central London. The property is situated on Shenley Road, which forms the A5378, within short walk from Elstree & Borehamwood Train station. Occupiers close by include Sainsburys Local, Starbucks, Nando`s, Holland & Barrett, Cinema and more.
Sale Notes
Investment Consideration:
Vacant possession
ERV: £160,000 GIY: 8.00%
VAT is applicable to this property
Comprises new-build triple fronted retail premises arranged over ground and lower ground floor
Suitable for variety of uses (Class E)
Within short walk from Elstree & Borehamwood Train station, which provides direct and regular services to London Waterloo (c. 55 min)
Occupiers nearby include Sainsburys Local, Starbucks, Nando`s, Holland & Barrett and more.
Tenure:
Long Leasehold. To be held on a new lease for a term of 999 Years from completion at a ground rent of peppercorn.
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