Unit 3, Capital Business Centre Garnett Close, Gre, Watford, WD24 7GN

The unit comprises a mid-terrace industrial building constructed with brick elevations and profile steel cladding above which are used as a plumbing and heating trade counter. The unit includes offices, warehouse and trade counter to the ground floor with an extensive mezzanine floor providing offices and additional storage accommodation.

There is a large loading and car parking area to the front of the unit.

INVESTMENT SUMMARY
The premises are currently let to Tucker French Limited for a term of 10 years from 17th November 2015 at a passing rent of £43,000. The property will be sold subject to a new 20 year lease that will commence on 31st July 2025 at a passing rent of £63,000 per annum with five yearly upwards only rent reviews and five year tenant break options. The lease is inside the Landlord and Tenant Act 1954 Part II.

( Agency Pilot Software ref: 1405 )