12 Chester Road Borehamwood

JLL as selling agents are pleased to bring to market 12 Chester Road, Borehamwood WD6 1LT.

This is a unique opportunity to acquire a high specification, recently refurbished warehouse totaling 27,342 sq ft in Borehamwood, one of London's premier industrial and logistics hubs. With a strong sector performance and limited supply in the Borehamwood and wider London markets, this property offers a compelling value-add investment. JLL's in-house research anticipates rental growth exceeding 4% per annum over the next five years, driven by the prevailing supply-demand imbalance.

This asset, sold with vacant possession, is ready for immediate occupation and further strengthens its appeal by offering freehold tenure. The warehouse features a modern steel portal frame construction with huge investment value metrics such as a 9m eaves height, 49 car parking spaces, 5 EV charging stations, LED warehouse lighting, and a secure gated yard. It is strategically located on a site area of 0.94 acres, equipped with two-storey fitted offices providing raised floors, air conditioning, suspended ceilings, and kitchenette.

Situated just 12 miles from central London, Borehamwood boasts unrivaled road and rail connectivity. The site has immediate access to the A1(M) and Junction 23 of the M25, ideal for facilitating quick transportation. Nearby national rail service to London Kings Cross is approximately 23 minutes away and enhances the location's appeal. Borehamwood's neighboring occupiers, including Howdens and Travis Perkins, underscore the area's vitality for national and international businesses.

The investment thesis is clear: capitalize on low local supply and substantial rental growth potential of prime rents approximately £25.00 per sq ft, amidst an unprecedented logistics demand in London, a key UK logistics market.