35 Market St 1,507 SF Retail Building Watford WD18 0PN £875,000 (£580.62/SF)

INVESTMENT HIGHLIGHTS

  • Potential development opportunity - subject to planning
  • Approximately 10 minutes walk to Watford High Street station
  • Walking distance from Atria shopping centre

EXECUTIVE SUMMARY

The ground floor shop is currently let on a full repairing and insuring lease which expires on 27th January 2031 and is outside the landlord and tenant act. The rent is currently £25,000 per annum and the lease is subject to a tenant break and rent
review on 27 January 2026. The flat is let on an Assured Shorthold Tenancy for one year. The rent is currently £1,550 per month.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,507 SF
Building Class
B
Year Built
1958
Price
£875,000
Price Per SF
£580.62
Tenancy
Single
Number of Floors
4
Building FAR
1.18
Lot Size
0.03 AC
Frontage
9 ft on Market Street

AMENITIES

  • Security System
  • Storage Space

NEARBY MAJOR RETAILERS

Costcutter
Bill's
Caffè Nero
Bella Italia
Nando's
Wagamama
Costa Coffee
chaiiwala
Starbucks
Santander
  • Listing ID: 33518908

  • Date on Market: 15/10/2024

  • Last Updated:

  • Address: 35 Market St, Watford WD18 0PN