Large lower-ground unit ideal for storage or light industrial operators.
4,326 sq ft lower-ground open-plan warehouse
A substantial lower-ground industrial unit of 4,326 sq ft offering flexible open-plan space and up to 4.2m clear internal height. The unit sits within Paramount Industrial Estate with good road links to the M1 and M25 and a short walk to North Watford station, making it practical for light industrial, storage, or distribution uses.
Practical features include a 2-ton goods lift (8ft x 10ft) for loading, 3-phase power, painted brick walls, concrete floor and exposed beams. The estate offers an on-site caretaker and a single allocated off-street parking space. There is natural light from high-level windows and suspended strip fluorescent lighting; a basic electrical distribution panel is visible and further fit-out may be needed for specific operations.
This is offered as a virtual freehold held on a long lease (250 years from March 1980) with approximately 207 years remaining. Ground rent is currently £990.34 per annum and is reviewed every ten years — a recurring cost that should be accounted for in ownership budgets. The site has no flood risk and benefits from excellent mobile signal and fast broadband suitable for modern logistics or light manufacturing.
Drawbacks to note: the unit is at lower-ground level with pedestrian access via two stairwells and goods access limited to the goods lift (no dedicated external loading bay). Only one on-site parking space is provided. The internal finish is basic industrial — further investment may be required for office fit-out, customer-facing areas or specialist plant installation.
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