Units 4 & 5 Mowat Industrial Estate, Watford, WD24

• Long leasehold with substantial unexpired term.

• Modern, well specified office with several alternative uses.

• 12,298 sq ft of accommodation with 4.5m slab to slab height.

• ERV of office of £150,000 per annum up to a possible £185,000 per annum subject to standard of fit-out.

• Let to Medivet on two leases with tenant break options in Sept 2024 but are no longer in occupation.

• 17 car parking spaces.

The vendor is guiding £1,300,000 (One Million Three Hundred Thousand Pounds) subject to contract, with the benefit of the long leasehold interest reflecting a low capital value of £106 per sq ft.