Grovelands Business Centre
Boundary Way, Hemel Hempstead
A multi-let office campus, constructed in 1991, providing 33,887 sq ft of office accommodation within 8 buildings configured around a centralised parking area. The property is let to 6 tenants at a gross passing rent of £140,573 pa, with a weighted unexpired lease term of 7.8 years to expiries and 3.6 to breaks.
The property was acquired as part of the Alpha Portfolio.
Other deals in this sector: