Property Listing Details

commercial property - Office

Concept House Home Park Mill Link Road Kings Langley Hertfordshire WD4 8UD

  • 23-Oct-2024

£POA

Property details

Description

Location The property is located on Home Park Industrial Estate on Home Park Mill Link Road in Kings Langley which is within 25 miles of the North West of London. Kings Langley High Street is just 0.5 miles away. Watford is only four miles away and Hemel Hempstead within three miles. Junction 20 of the M25 motorway is within 0.5 miles and Junction 6A of the M1 is within 3.5 miles. Kings Langley railway station is a four-minute walk from the property and gives fast regular access to London Euston. Description Concept House is a modern Grade A self-contained office comprising 26,150 sq ft (2,429 sq m), benefiting from an EPC B rating and a 1:339 parking ratio. The property, built in 2013, has undergone extensive refurbishment and benefits from Grade A specifications over Ground, First and Second floors. The building benefits from good natural light and a bright reception and the office space provides open plan configuration. Concept House comprises a Grade A multi-let office with current active asset management constructed in 2014. Located in Home Park Industrial Estate in Central Kings Langley just a short walk to the high street and Kings Langley railway station. The commuter village of Kings Langley sits on the River Gade and The Grand Union Canal just 21 miles north-west of the heart of London, three miles south of Hemel Hempstead and four miles north of Watford. Concept House comprises 26,150 sq ft / 2,429 sq ft (NIA) of self-contained offices over ground and two upper floors. Current passing rent £312,625 per annum. Multi-let to four tenants with high specification modern vacant units on the Ground, First and Second floors. Strong tenant demand as proved by the recent new lettings, and active enquiries. A WAULT of 1.73 years to break , 4.67 years to expiry. Prime headline rents in Kings Langley are now at £27.50 psf, providing strong future reversionary potential. EPC B(49). Freehold

The Agent

Price history

23-Oct-2024 £POA First listed

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