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16 Colonial Way

18,022 SF of 4-Star Industrial Space Available in Watford WD24 4YT

Virtual Tour

Highlights

  • Discover a newly refurbished warehouse and office unit, offering sustainable initiatives throughout.
  • Enjoy superb road transport connections with easy access to the M1, leading to the wider motorway network.
  • Strategically located, 16 Colonial Way offers a prime last-mile logistics opportunity, serving Watford and London.
  • Built to a high specification, 16 Colonial Way benefits from two level access doors, a secure yard and an 'Excellent' BREEAM rating.
  • For those travelling via rail, nearby Watford North Station and Junction Station offer regular services into Watford and out towards London.
  • Expansive accommodation across the ground and first floors, with photovoltaic panels installed to the roof.

Features

Clear Height
20’8”
Drive In Bays
2
Standard Parking Spaces
30

all available space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Condition
  • Available
  • Ground, 1st Floor
  • 18,022 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Industrial
  • Full Build-Out
  • Now

The 2 spaces in this building must be leased together, for a total size of 18,022 SF (Contiguous Area):

Ground - 14,775 SF
1st Floor - 3,247 SF

Occupy Watford's newly refurbished detached warehouse facility, a highly connected landmark building in Watford. As part of the refurbishment, the unit benefits from photovoltaic roof panels, EPC rating of A+ and a BREEAM rating of ‘Excellent’. The refurbishment is carbon neutral and significantly improves the ‘green’ credentials of the scheme.

  • Use Class: B2
  • Space is in Excellent Condition
  • New energy efficient LED light fittings
  • Self contained/secure yard
  • Mechanical ventilation with heat recovery
  • 2 Drive Ins
  • Yard
  • Heating and comfort cooling system
  • PV panels
  • Includes 3,247 SF of dedicated office space
Space Size Term Rental Rate Space Use Condition Available
Ground, 1st Floor 18,022 SF Negotiable Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Industrial Full Build-Out Now

Ground, 1st Floor

The 2 spaces in this building must be leased together, for a total size of 18,022 SF (Contiguous Area):

Size
Ground - 14,775 SF
1st Floor - 3,247 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Space Use
Industrial
Condition
Full Build-Out
Available
Now

Ground, 1st Floor

The 2 spaces in this building must be leased together, for a total size of 18,022 SF (Contiguous Area):
Size
Ground - 14,775 SF
1st Floor - 3,247 SF
Term Negotiable
Rental Rate Upon Request
Space Use Industrial
Condition Full Build-Out
Available Now

Occupy Watford's newly refurbished detached warehouse facility, a highly connected landmark building in Watford. As part of the refurbishment, the unit benefits from photovoltaic roof panels, EPC rating of A+ and a BREEAM rating of ‘Excellent’. The refurbishment is carbon neutral and significantly improves the ‘green’ credentials of the scheme.

  • Use Class: B2
  • 2 Drive Ins
  • Space is in Excellent Condition
  • Yard
  • New energy efficient LED light fittings
  • Heating and comfort cooling system
  • Self contained/secure yard
  • PV panels
  • Mechanical ventilation with heat recovery
  • Includes 3,247 SF of dedicated office space

Property Overview

Introducing 16 Colonial Way, a newly refurbished prominent warehouse situated in a highly accessible location in Watford. Combining high specification with a last-mile location, the unit has been designed to supersede all needs of the modern occupier. Built to an ultra-modern specification, the self-contained unit comprises sustainable features, including photovoltaic panels installed to the roof, new energy-efficient LED light fittings, a heating and comfort cooling system and mechanical ventilation with heat recovery. Being situated within a secure yard of a depth of 25 meters, the unit is also able to provide approximately 30 parking spaces with electric vehicle charging points. Strategically located in Watford, 16 Colonial Way unlocks easy access to the M1 and M25, some of London’s key arterial routes. The property is serviced by Watford North Station and Junction Station, providing regular travel into Watford and out towards London. With the increased requirements of online retailers and last-mile operators, this is an ideal last-mile logistic location offering direct access to Central London. Combining outstanding industrial space with sustainable amenities and excellent connections, 16 Colonial Way offers an exciting opportunity for a modern industrial occupier.

Warehouse FACILITY FACTS

Building Size
26,284 SF
Lot Size
0.97 AC
Year Built/Renovated
1972/2023
Construction
Steel

Marketing Brochure

About Watford

Watford is a well-established industrial market, with many companies locating manufacturing, logistics and storage facilities here. Mid-box and multi-let are the predominant occupiers, which include Big Yellow Self Storage, Royal Mail and Jewson.

Watford is strategically located next to the M25 orbital motorway and sits at the base of the M1 motorway that connects London with the Midlands and the North of England. These transport connections help to make Watford a popular location for retailers and logistics operators servicing the capital and further afield. Major industrial nodes in the area include clusters of activity north of Watford Junction, on Imperial Way and Greycaine Road, and further south, on Caxton Way and Fisher Industrial Estate.

The area has benefitted from strong demand for industrial space in recent years. Average rents have increased as a result, although incoming tenants can still get a healthy discount here when compared with more centrally located industrial areas like Harrow or Brent.

Leasing Teams

Leasing Teams

+44 20 3328 9080
Contact
Maddie Moriarty, Surveyor
+44 20 3328 9080
Contact
Maddie joined DTRE in August 2020, having spent a year at Canmoor Asset Management. Prior to that she earned an MSc in Real Estate at Oxford Brookes University. She is part of the Industrial Leasing team, undertaking landlord work which covers much of the South East, whilst also supporting the wider industrial team across the UK.
+44 20 3328 9080
Contact
Charlie Wing, Associate Parter
+44 20 3328 9080
Contact
Charlie joined DTRE in October 2018 after three years in retail property with Nash Bond. Prior to that he earned an MSc in Real Estate at Reading University. As a member of the Industrial Leasing team, he is involved with deals in London and the South-East. He works for the most part with landlord and developer clients supporting other team members. Originally from Gloucestershire, Charlie travels extensively and also enjoys skiing, rowing and golf.
+44 20 3328 9080
Contact
Jake Huntley, Salaried Partner - Industrial
+44 20 3328 9080
Contact
Jake Huntley brings over 10 years of agency experience through roles at Capita and DTRE. During this time Jake has advised a wide variety of landlords and occupiers, but with a particular focus on projects in the South of England.

Jake has an extensive track record for providing development consultancy advice, having been involved in a significant number of land acquisitions and sales during his career.

As the Co-Head of the Industrial and Logistics team Jake is responsible for the national team.

Jake has been a member of the Royal Institution of Chartered Surveyors since 2012 and was a member of the national IAS committee for over 7 years.
+44 20 3989 8492
Contact
James Miller, Director / Logistics & Industrial
+44 20 3989 8492
Contact
James joined JLL in August 2014 having previously worked for CBRE and King Sturge in the industrial teams there. He is a Chartered Surveyor within the London Industrial & Logistics team at JLL and specialises in advising clients on acquisitions and disposals of industrial and logistics accommodation within West London.
+44 20 7399 5994
Contact
James Saxby, Director, South East Industrial
+44 20 7399 5994
Contact
James provides a range of clients with agency, development and consultancy advice on matters associated with lease expiries, acquisition, disposal, lease surrenders, break clause opportunities, development opportunities and portfolio rationalization.

Representing clients predominantly in the industrial and warehouse sector. Previous experience has covered the office sector.

Sourcing on and off marketing opportunities and coordinating associated inspection and due diligence information.

Undertaking lease renewal/relocation/acquisition cost/benefit analysis.
+44 20 3871 8542
Contact
Katy Kenealy, Associate, Industrial and Logistics
+44 20 3871 8542
Contact
Katy is an Associate for Industrial and Logistics.

About the Owner

Read More
  • Listing ID: 26574400

  • Date on Market: 9/7/2022

  • Last Updated:

  • Address: 16 Colonial Way, Watford WD24 4YT

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