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London Properties Are Pleased To Offer To The Market This Off License/convenience Store Situated The Parade, High Street In Watford for Sale

Watford, Hertfordshire


3 bedroom

Leasehold : £ 45,000

London Properties are pleased to offer to the market this off license/convenience store situated The Parade, High Street in Watford. The property is located in a secondary retail parade in Watford Town Centre on The Parade, fronting the events plaza. Local occupiers include The Post Office, Bodega Bar/Restaurant, Creams, Wenzel’s and Pryzm Night Club. This shop to let comprises a mid-terraced retail unit with frontage on to The Parade. The accommodation is set over ground, first and second floors with one car parking space at the rear of the property via a service road (Beecham Grove). The property comes with two one bedroom upper parts. Internal viewings are highly recommended through London Properties by appointment only.



LOCATION: The property is located in a secondary retail parade in Watford Town Centre on The Parade, fronting the events plaza. Local occupiers include The Post Office, Bodega Bar/Restaurant, Creams, Wenzel’s and Pryzm Night Club

DESCRIPTION: This shop to let comprises a mid-terraced retail unit with frontage on to The Parade. The accommodation is set over ground, first and second floors with one car parking space at the rear of the property via a service road (Beecham Grove). The property comes with two one bedroom upper parts.


USES: A1/A2

PREMIUM: £45,000 for the benefit of the lease, fixtures & fittings.

TERMS:

RENTAL:
The Premises are held on a secure renewable lease with approximately 13 years unexpired

£24,000 per annum


BUSINESS RATES: We have been advised by the client that the current rates payable are £7,000 per year. However, all interested parties are encouraged to make their own enquiries with Watford Council

SIZE: 900 sq ft approximately

OPENING HOURS: Currently closed

UPPER PARTS: The premises comes with Two, 1 Bedroom flats which could be rented out on short hold tenancy achieve £24,000 per annum

TURNOVER: Nil. When trading the turnover was £247,000 per annum

LEGAL COST: To be confirmed

LOCAL AUTHORITY: Watford

ENERGY PERFORMANCE CERTIFICATE: Energy Performance Asset Rating is 123 - E Rating. A copy of this property’s energy performance certificate can be viewed at www.london-properties.co.uk as a pdf file.

REFERENCE CHARGE: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord.


HOLDING DEPOSIT:
A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account

FIXTURE & FITTINGS: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition

AGENT NOTE: London Properties for themselves for Lessors, Vendors and their agents, give notice that:-

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.

2. These details do not constitute any part of an offer or contract.
3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.
4. All rent prices, fees and charges are quoted exclusive of VAT


VIEWINGS: Through London Properties by appointment only


Trading Hours: Currently Closed
 
Accommodation: The premises comes with Two, 1 Bedroom flats which could be rented out on short hold tenancy achieve £24,000 per annum
 
Tenure: The Premises are held on a secure renewable lease with approximately 13 years unexpired
 
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109 Advert ID 48881    Sellers Ref : WD17 1NA/BSOL

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