Log In/Sign Up
Your email has been sent.
Sandown Rd 12,298 SF Office Condo Unit Offered at $7,464,705 CAD in Watford WD24 7UB
Investment Highlights
- Situated on Mowat Industrial Estate, Watford
- Strong access to local transport and motorway network
- Watford town centre and Watford Junction station within ~1.5 miles
Executive Summary
Mowat Industrial Estate is well located within a short distance of St Albans Road, the A41 North Western Avenue and Junction 5 of the M1. Sandown Road links Bushey Mill Lane with Balmoral Road and Radlett Road, close to the latter’s junction with St Albans Road. Access to the national motorway network is excellent with Junction 5 of the M1 approximately one mile away and Junction 19 and 20 of the M25, less than a 10-minute drive. Watford Junction Railway Station and town centre all within 1.5 miles and Watford North Railway Station and local bus routes are within easy reach.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 17 |
| Cap Rate | 9.11% | Tenure | Freehold/Long Leasehold |
| Sale Type | Investment |
| Cap Rate | 9.11% |
| No. Parking Spaces | 17 |
| Tenure | Freehold/Long Leasehold |
Description
The freehold interest consists of two ground floor units which have been sold off on long leaseholds and the first floor which is income producing along with 17 demised car parking spaces. The first floor consists of 33 self-contained loft style office/workshop units which are finished to a high standard with polished concrete floors and double height windows. There is a centrally located kitchen/breakout area along with W/C facilities. All units are currently let and producing a net income of approx. £364,452 per annum as of April 2026
Sale Notes
Income producing freehold purchase representing 9.11% Gross yield...
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 3-6 | 12,298 SF | Office | $7,464,705 CAD ($606.99 CAD/SF) | $680,034.66 CAD |
Unit 3-6
| Unit Size |
| 12,298 SF |
| Condo Use |
| Office |
| Price |
| $7,464,705 CAD ($606.99 CAD/SF) |
| NOI |
| $680,034.66 CAD |
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 3-6
| Unit Size | 12,298 SF |
| Condo Use | Office |
| Price | $7,464,705 CAD ($606.99 CAD/SF) |
| NOI | $680,034.66 CAD |
| Sale Type | Investment |
| Cap Rate | 9.11% |
| No. Parking Spaces | 17 |
| Tenure | Freehold/Long Leasehold |
| Description | |
| The freehold interest consists of two ground floor units which have been sold off on long leaseholds and the first floor which is income producing along with 17 demised car parking spaces. The first floor consists of 33 self-contained loft style office/workshop units which are finished to a high standard with polished concrete floors and double height windows. There is a centrally located kitchen/breakout area along with W/C facilities. All units are currently let and producing a net income of approx. £364,452 per annum as of April 2026</li></ul> | |
| Sale Notes | |
| Income producing freehold purchase representing 9.11% Gross yield...</li></ul> |
Property Facts
The following property facts, amenities, and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 83,121 SF | Typical Floor Size | 52,117 SF |
| Property Type | Industrial (Condo) | Year Built | 1968 |
| Property Subtype | Warehouse | Lot Size | 1.96 AC |
| Building Class | C | Parking Ratio | 0.22/1,000 SF |
| Floors | 4 |
| Total Building Size | 83,121 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | C |
| Floors | 4 |
| Typical Floor Size | 52,117 SF |
| Year Built | 1968 |
| Lot Size | 1.96 AC |
| Parking Ratio | 0.22/1,000 SF |
Amenities
- Fenced Lot
- Security System
- Yard
- Automatic Blinds
- Storage Space
- Air Conditioning
Utilities
- Lighting - Fluorescent
- Gas
- Heating - Gas
1 1
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Sandown Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.