Freehold, Blue-Chip Convenience Store Investment in Greater London
Ground floor retail unit of circa 3,000 sq ft & 11 flats above sold off on long leases
The commercial unit includes 13 parking spaces
Location Description
Croxley Green is adjacent to Rickmansworth, a prosperous and highly sought-after residential suburb which lies approx. 15 miles north-west of Central London and 2 miles to the M25 motorway
Train services are currently provided by the Watford branch of the London Underground Metropolitan line from Croxley station. The journey is 40 – 45 minutes to Baker Street; 60 minutes to Aldgate in the City of London.
The property is located on Watford Road, which joins Croxley Green with Watford, next to a Shell petrol station and several local commercial occupiers.
Additional Notes
Ground floor retail unit let to Cooperative Group Food Ltd for 15 years (10 year break option) from Autumn 2017 for £65,000 p.a FR&I
11 flats sold off on 125 year leases for a total of £4,400 p.a.