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252-254 St. Albans Rd

1,082 SF Retail Unit Offered at £685,000 in Watford WD24 4AX

Investment Highlights

  • Good road connections
  • Close to Watford town centre
  • Amenities nearby

Executive Summary

Prominently positioned on St Albans Road, which is a busy feeder road to Watford Junction Station and Watford Town Centre, with frequent bus routes. The premises are within close proximity of The Dome roundabout where Sainsbury and Asda supermarkets are situated, together with a parade of shops which includes, restaurants, takeaways, convenience stores, hairdressers, etc.

Property Facts

Price £685,000
Unit Size 1,082 SF
No. Units 1
Total Building Size 2,986 SF
Property Type Retail (Unit)
Property Subtype Storefront
Sale Type Owner User
Building Class B
Number of Floors 3
Typical Floor Size 344 SF
Year Built 1904
Lot Size 0.09 AC
Parking Ratio 1.34/1,000 SF

1 Unit Available

Unit 252

Unit Size 1,082 SF
Price £685,000
Price Per SF £633.09
Unit Use Retail
Sale Type Owner User
Tenure Freehold
Description

Comprising of a large ground floor retail unit with glazed frontage fronting St Albans Road, three bedroom flat above and large yard area with outbuildings accessed off Balmoral Road. The retail unit has been trading for 45 years as a hairdressing Salon which has recently ceased trading and offers internally large shop floor space with staff room and W/C’s to the rear. The flat is accessed internally and offers a kitchen, lounge, bathroom and bedroom to the first floor and a further two bedrooms on the second floor. The outbuildings currently offer storage space and can be accessed from an access road behind the neighbouring properties, with 252 St Albans Road being the last property to access and is gated for additional security.

Sale Notes

£700,000 for the Freehold interest.

In December 2019, planning permission was granted for the erection of first floor side/rear extension and internal revisions to existing residential unit and to create 1 no. 2 bed dwelling.

Internal Photo
View Photo Internal Photo

Amenities

  • Security System
  • Roller Shutters
  • Storage Space

Nearby Major Retailers

The Co-operative Food
Sam's Chicken
The Gym Group
Londis
Tim Hortons
Natwest
Waitrose
Morley's Fried Chicken
Slug & Lettuce
German Doner Kebab
  • Listing ID: 31326235

  • Date on Market: 26/03/2024

  • Last Updated:

  • Address: 252-254 St. Albans Rd, Watford WD24 4AX

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