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 |
AMENITIES
- Security System
- Roller Shutters
- Storage Space
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
NEARBY MAJOR RETAILERS
