The building forms part of a courtyard development constructed in 1988 and Unit 3 occupies a prominent position on the frontage closest to the station.
It is of conventional brick construction under a tiled roof with radiator heating from a gas fired boiler.
The available accommodation comprises the entire first and second floors which are accessed via the security controlled front entrance.
The first floor provides a good mix of open plan and cellular space with 4 private glass partitioned rooms and a tea point. It is served with recessed category 2 lighting within a suspended ceiling, grey carpet tiles, window blinds, electrical and data cabling, door entry phone, gas-fired radiator central heating .
The second floor is open plan and has been refurbished by the Landlord with new carpets, decorations, suspended ceilings and LED lighting.
There are communal toilet facilities on all floors.
4 covered parking spaces are included with each floor with the possibility that 2 additional spaces could be made available by separate negotiation.
Location
Borehamwood is a strong commercial location occupying a strategic location adjoining the A1 two miles south of its intersection with the M25 at South Mimms (junction 23). In addition to the M25 it also offers a direct access to London and the North Circular Road.
Borehamwood and Elstree Station is a short distance from the property and provides an extremely efficient service to London and is on the Thames Link to Gatwick and Brighton.
Borehamwood has developed strongly as an office centre with a series of major headquarters facilities at Elstree Way and a cluster of buildings around the station area of which this development is part.
Accommodation
First Floor - 1,010 sq ft
Second Floor - 1,027 sq ft
Total - 2,037 sq ft
Terms
The floors are available for rent individually or together on new leases for a term to be agreed.
Rental £29,500 per annum per floor.
In addition to the rent the occupier will also be responsible for the payment of a building service charge and reimbursing the landlord’s third-party liability insurance.
VAT is not payable on the rent.
RATEABLE VALUE - Please see the Valuation Office Agency website (www.voa.gov.uk). The indicated assessments for the first and second floors are £13,750 and £10,500 respectively. Rates payable 46.6% (2019/20). A further discount may be available if this is the occupiers’ sole commercial property.
EPC - Category D (82)
Specification
- Four covered parking spaces per floor
- Close to shopping facilities and Borehamwood and Elstree Station