Theobald St 3,100 SF Office Unit Offered at £1,300,000 in Borehamwood WD6 4RN

INVESTMENT HIGHLIGHTS

  • Prestigious building within 200m of Elstree & Borehamwood mainline railway station
  • 14 Parking spaces
  • Recently refurbished first & second floors

EXECUTIVE SUMMARY

The premises are located within 200 metres of Borehamwood town centre and it’s amenities and Elstree & Borehamwood Thameslink station providing a fast (20 mins) and frequent services to London St Pancras International. There are excellent road links with the A1(M) within 2 miles and the M25 5 miles to the north

PROPERTY FACTS

Price £1,300,000
Unit Size 3,100 SF
No. Units 1
Total Building Size 14,340 SF
Property Type Office (Unit)
Sale Type Investment or Owner User
Building Class B
Number of Floors 3
Typical Floor Size 6,950 SF
Year Built 1988
Lot Size 0.18 AC
Parking Ratio 2.92/1,000 SF

AMENITIES

  • Courtyard
  • Security System
  • Accent Lighting
  • Storage Space
  • Air Conditioning

1 UNIT AVAILABLE

Unit 3

Unit Size 3,100 SF
Price £1,300,000
Price Per SF £419.35
Unit Use Office
Sale Type Investment or Owner User
Tenure Freehold
Net Initial Yield 4.54%
NOI £59,000
DESCRIPTION

The property comprise three self-contained office suites within this prestigious building. The first and second floors have been recently refurbished to a very high standard
benefitting from new LED lighting, Cat 6 data cabling, gas central heating, newly fitted kitchen and air conditioning. The ground floor benefits from its own kitchen, door entry
and security alarm system. There are 14 allocated parking spaces, a very good standard of 1 space per 221 sq ft.

SALE NOTES

The property comprise three self-contained office suites within this prestigious building. The first and second floors have been recently refurbished to a very high standard
benefitting from new LED lighting, Cat 6 data cabling, gas central heating, newly fitted kitchen and air conditioning. The ground floor benefits from its own kitchen, door entry
and security alarm system. There are 14 allocated parking spaces, a very good standard of 1 space per 221 sq ft.

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  • Listing ID: 28774371

  • Date on Market: 16/06/2023

  • Last Updated:

  • Address: Theobald St, Borehamwood WD6 4RN