Your Bid
Guide price TBA
Hammer price

Withdrawn

Withdrawn Prior

Sold

Sold Prior

Sold Post

Place a proxy bid on Lot #{{ lot.total_lot_number }}

Guide Price:

TBA
Bid now

Floorplan
    • View Virtual Tour

      Play

    Remove from wishlist

    Add to wishlist

    Key features


    • Freehold Serviced Office Investment
    • Substantial Serviced Office located adjacent to Kings Langley Rail Station
    • Located in an established office location
    • Comprises 12 suites across approximately 964.10 sq m (10,227 sq ft)
    • A car park with 21 spaces
    • Currently let at 50% occupancy, demonstrating significant asset management potential via letting of vacant suits and improvement of rents.
    • Kings Langley is an affluent commuter location providing direct access to London Euston in 25 minutes
    • Current gross passing rents reserved at £108,570 pa (9.87% on Guide Price) + 6 vacant suites

    Description

    The property comprises a substantial serviced office investment arranged over ground, first, and second floor, spanning approximately 964.10 sq m (10,227 sq ft).

    The property benefits from a car park with 21 spaces.Currently the property is let at a 50% occupancy generating , £108,570 pa (9.87% on Guide Price) demonstrating significant asset management potential via letting of the remaining suits.

    The property benefits from being located directly next to Kings Langley Rail Station providing access to London Euston in 25 minutes.

    Additional information

    Tenure

    Freehold

    Tenancy

    Please see Tenancy & Accommodation Schedule below.


    Gross rents are inclusive of service charges, rates and utilities. There are additional charges for parking, specific set-ups and some additional services. Please refer to the legal pack for costs & net income.

    Rent

    £108,570

    Notes

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard.


    Please refer to the legal pack.Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees.

      • View Virtual Tour

        Play

      Arrange a viewing

      Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

      Please select a time from the options below

      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Accommodation / Tenancy Schedule

      Local information

      Kings Langley is the popular historic village located in Hertfordshire about 21miles northwest of central London. The main village High Street is located 0.8miles from the site and offers an array of retail offerings such as Boots Chemist, Wenzels' Bakery and Spar store to name a few. Kings Langley Train Station offers fast connectivity into Harrow & Wealdstone and London Euston in a maximum of 27 minutes. By road, Junction 20 of the M25 and A41 are 0.6miles from the site with the M1 being 4.4 miles.

      Transport

      Kings Langley - 0.1 Miles (provides access to London Euston in 25 minutes

      Legal documents

      Login to view legal documents

      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums