Sold
The Orient Centre, Greycaine Road, Watford, Hertfordshire
London - M25
dba199
Office£6,500,000
Tenure: Freehold
Tenancy: Multi Let
Investment summary
•Net initial yield of 7.5%.
•Capital value of £2,314 per sq m (£215 per sq ft) overall.
•3 self-contained, divisible and air-conditioned office buildings.
•Total net internal area of 2,809 sq m (30,233 sq ft).
•129 car parking spaces providing a ratio of 1:22 sq m (1:234 sq ft).
•Site area of 0.7 hectares (1.7 acres).
•The sale includes an additional site of 0.2 hectares (0.4 acres) with development potential, subject to the necessary consents.