Guide price
£1,250,000
(£351.42/sq. ft)
Retail premises for saleHigh Street, Watford WD17
3,557 sq. ft
About this property
Prominent Retail Parade with Significant Redevelopment Potential
• Parade of 3 shops and ancillary upper parts ideally located on the pedestrianised High Street in Watford Town Centre.
• All three units are sold with vacant possession having been recently vacated to allow for redevelopment.
• The buildings sit between significantly taller properties indicating a redevelopment for at least two additional stories (subject to obtaining the necessary consents).
• Immediately, the upper parts provide value add potential for residential conversion under Permitted Development Rights.
• Total Floor Areas 3,557 sq ft NIA (3,860 sq ft gia).
• Commercial erv in the region of £100,000 per annum.
• Freehold.
Guide Price of £1,250,000, One Million Two Hundred and Fifty Thousand Pounds (Plus VAT) subject to contract.
• Parade of 3 shops and ancillary upper parts ideally located on the pedestrianised High Street in Watford Town Centre.
• All three units are sold with vacant possession having been recently vacated to allow for redevelopment.
• The buildings sit between significantly taller properties indicating a redevelopment for at least two additional stories (subject to obtaining the necessary consents).
• Immediately, the upper parts provide value add potential for residential conversion under Permitted Development Rights.
• Total Floor Areas 3,557 sq ft NIA (3,860 sq ft gia).
• Commercial erv in the region of £100,000 per annum.
• Freehold.
Guide Price of £1,250,000, One Million Two Hundred and Fifty Thousand Pounds (Plus VAT) subject to contract.
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