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Express Interest in this Property

Mixed Parade (5 Shops & 5 Flats), Watford, Greater London

217A St Albans Rd, Watford WD24 5BH, UK

Basic Facts

Property ID: 5364 Post Updated: 2021-11-11 15:15:42
Status: Type:
Tenure: Freehold Gross Rent: £ 101,850
VAT applicable: No

Property Description

  • Freehold mixed parade investment in London, available jointly or separately
  • A late Victorian corner block of 5 Ground Floor Shops with rear access to 5 Self-Contained Flats on the first floor each with gas central heating and UPVC windows in all flats except two in rear of No. 178a.
  • In addition, there is rear vehicular access via a communal service road plus 3 single Garages fronting Salisbury Road.

Location Description

  • Located at the junction with Salisbury Road in this densely populated residential area on this well-known main road (A412).
  • 1 mile from Watford town centre and the Intu shopping centre and approx. ½ mile from Watford Junction Station.
  • Watford lies approx. 15 miles from central London benefiting from good road links to the nearby M1 and M25.
  • Amongst such multiples as Tesco, Boots, Post Office and William Hill.

Additional Notes

  • Offers will be considered for property as one or for the individual shops with flats above
  • There may be future potential for a complete redevelopment into a block of new residential and commercial units, or the flats could be extended into the roof space and the garages could be redeveloped, subject to obtaining possession and the necessary consents.

Features

£1m - £5m
Customer car parking
Finance available
Freehold
No VAT applicable
Residential element
Tenant Multiple

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Current Opportunities

Current Opportunity

Retail & HMO, Southall

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Tesco, Shepherds Bush

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Vacant Retail Unit, Wokingham

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Domino’s, Colchester

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Swan Pub, Wimslow

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Bathroom Shop & 8 Flats, Kenton

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Pizza Hut, St. Albans

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Specsavers, Savers & Comfort Sofa’s

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Newly Refurbished Warehouse & Offices, Sutton

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Boots & Flat, Chingford, Greater London

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Gross Yield % 5.8
3792 sq ft
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Current Opportunity

Co-op Food, Bermondsey

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5326 sq ft
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Iceland, Houghton-Le-Spring

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Shop & 3 flats, Redhill

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Nail Salon, Stanmore, Greater London

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Bodycare, West Bromwich

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Mixed Parade (Card Factory, Greggs & Restaurant), Boscombe

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Victorian Shopping Arcade, Walsall

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