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CSB House

Clarendon Road, Watford

Office

Status - Sold

Tenure - Long Leasehold

Total floor area - 20,016 sq ft

Price - £3,000,000

Net initial yield - 17.50%

Capital value - £150 psf per sq ft

The property is located at the southern end of Clarendon Road at the junction with Beechen Grove. It is positioned on the eastern side of Clarendon Road while Beechen Grove leads to Stevenson Way (A4008) which leads to Junction 5 of the M1, 2 miles to the north east. It is excellently located for Watford town centre with The Harlequin Centre approximately a 50 metre walk, situated to the south east, which includes the main retailing thoroughfare within Watford town centre. Internally, the property benefits from a reception and lobby area with two 8 person passenger lifts serving each floor. The ground, second and third floors are finished with suspended ceilings with recessed lighting, painted plaster walls, fully accessible raised floors, air conditioning and aluminium framed windows. The first and fifth floors are open plan and have been recently refurbished to a high specification to include Category II lighting, air conditioning and fully accessible raised floors. The property has 27 car parking spaces, 21 of which are situated outside of the demise.