Watling St - Manufacturing FOR SALE


Radlett, HRT WD7 7HT
$6,000,000 USD
172-722-0998
Watling St, Radlett, HRT for Sale
$6,000,000 USD
Manufacturing - FOR SALE
1/6
null | Request Cap Rate

Watling St
Radlett, HRT WD7 7HT


HIGHLIGHTS

  • 123 Parking Spaces
  • Strategically located in Radlett
  • Prime 2.09 acres (0.85 hectares) Freehold site

OVERVIEW

Detached building in secure contained site Potential to extend to 66,000 sq ft 123 parking spaces Excellent transport links This is a highly accessible location close to the M25 (J21 & 22) and M1 (J6 & J6a) between Radlett, Watford and St Albans. Radlett station provides a fast Thameslink service to London St Pancras. The property fronts onto the east side of Watling Street north of Radlett and just south of the major Parkbury / Ventura Park developments. The property is located in close proximity to the film and TV hub in Elstree and Borehamwood. Radlett One is an individual two storey business building standing in a fully self-contained landscaped site fronting onto Watling Street. It is constructed of steel frame with attractive brick and glazed elevations and is arranged around a distinctive entrance / central atrium, providing excellent natural light. Both floors provide a single continuous and extremely flexible open plan space with ladies and gents WCs. The entrance is on the south side of the building where there is level delivery / loading access. A smaller loading point is provided on the east elevation. An internal staircase / goods-lift / passenger-lift provide access to the lower ground floor which encompasses an uninterrupted open area with columns supporting the upper floor. The car park is attractively laid out with landscaping sympathetically designed in keeping with the green location. The property could suit a range of uses including light Industrial, offices, life science and R&D. Planning permission was granted in 2023 for a 19,806 sq ft (GIA) extension by way of an additional floor bringing the potential total floor area up to approx. 66,000 Sq Ft.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$132 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Radlett One

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2001

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.09

LAND SF

91,040

ZONING

-

APN/PARCEL ID

HD361347,HD472504,HD520705

ASK ABOUT THIS PROPERTY

Jake HuntleyLambert Smith HamptonMore Info
172-722-0998

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Jake HuntleyLambert Smith HamptonMore Info
172-722-0998

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.