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Radlett One Watling St 45,621 SF Vacant Industrial Building Radlett WD7 7HT $9,009,129 ($197.48/SF)

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INVESTMENT HIGHLIGHTS

  • Detached building in secure contained site.
  • 123 parking spaces.
  • 8m Bell Mouth Entrance.
  • Consent to extend 66,000 Sq Ft.
  • Excellent transport links.
  • First floor head room 2.92m rising to 4.85m.

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Price $9,009,129
Price Per SF $197.48
Sale Type Investment or Owner User
Tenure Freehold
Property Type Industrial
Property Subtype Manufacturing
Building Class B
Lot Size 2.09 AC
Rentable Building Area 45,621 SF
No. Stories 2
Year Built 2001

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • Ground
  • 22,798 SF
  • Office
  • Partial Build-Out
  • Now

Radlett One is an individual two storey business building standing in a fully self-contained landscaped site fronting onto Watling St. The ground floor provides a single continuous and extremely flexible open plan space with demised WC facilities.

  • 1st Floor
  • 22,823 SF
  • Office
  • Partial Build-Out
  • Now

Radlett One is an individual two storey business building standing in a fully self-contained landscaped site fronting onto Watling St. The ground floor provides a single continuous and extremely flexible open plan space with demised WC facilities.

Space Size Space Use Condition Available
Ground 22,798 SF Office Partial Build-Out Now
1st Floor 22,823 SF Office Partial Build-Out Now

Ground

Size
22,798 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Floor

Size
22,823 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

Ground

Size 22,798 SF
Space Use Office
Condition Partial Build-Out
Available Now

Radlett One is an individual two storey business building standing in a fully self-contained landscaped site fronting onto Watling St. The ground floor provides a single continuous and extremely flexible open plan space with demised WC facilities.

1st Floor

Size 22,823 SF
Space Use Office
Condition Partial Build-Out
Available Now

Radlett One is an individual two storey business building standing in a fully self-contained landscaped site fronting onto Watling St. The ground floor provides a single continuous and extremely flexible open plan space with demised WC facilities.

  • Listing ID: 29398192

  • Date on Market: 8/30/2023

  • Last Updated:

  • Address: Watling St, Radlett WD7 7HT

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