£260,000
Property for saleVicarage Road, Watford, Hertfordshire WD18
1 bath
About this property
We’re excited to bring to market this two-storey mixed-use property for leasehold sale, perfectly positioned for both strong immediate income and future growth.
📍 Location Advantage:
Situated right on Vicarage Road, next to Watford Football Stadium, this property enjoys exceptional footfall on match days, making it an ideal location for a thriving takeaway or other high-demand retail use.
🏠 Property Highlights:
Thriving takeaway business – currently operating as a chicken shop and fish & chip shop on football event days, achieving £2,000 per week in sales (as advised by current owner).
Zero business rates – with a rateable value of under £12,000 per annum (as advised by current owner).
Mixed-use configuration – Ground floor commercial unit (A5 takeaway use) plus a self-contained one-bedroom flat above, each with separate entrances for full privacy.
Ultra-low rent – just £1,250 per month on a charitable lease, maximising profit margins.
Immediate cash flow – one-bedroom flat brings in £1,500 per month rental income (as advised by current owner), fully covering the commercial rent and leaving surplus profit.
Development potential – extend the rear of the ground floor to create additional residential accommodation (subject to planning permission) for extra income and capital growth.
Long-term security – lease extension guaranteed, with 38 years remaining on current term.
High-demand area – strong local rental demand ensures steady occupancy and returns.
💡 Why This Deal Stands Out:
With low fixed outgoings, a secure rental stream, and prime location near a major sports venue, this property offers instant profitability plus the potential to increase income and value through development.
Perfect for investors looking to start strong or experienced operators seeking a high-yield, low-overhead location.
📍 Location Advantage:
Situated right on Vicarage Road, next to Watford Football Stadium, this property enjoys exceptional footfall on match days, making it an ideal location for a thriving takeaway or other high-demand retail use.
🏠 Property Highlights:
Thriving takeaway business – currently operating as a chicken shop and fish & chip shop on football event days, achieving £2,000 per week in sales (as advised by current owner).
Zero business rates – with a rateable value of under £12,000 per annum (as advised by current owner).
Mixed-use configuration – Ground floor commercial unit (A5 takeaway use) plus a self-contained one-bedroom flat above, each with separate entrances for full privacy.
Ultra-low rent – just £1,250 per month on a charitable lease, maximising profit margins.
Immediate cash flow – one-bedroom flat brings in £1,500 per month rental income (as advised by current owner), fully covering the commercial rent and leaving surplus profit.
Development potential – extend the rear of the ground floor to create additional residential accommodation (subject to planning permission) for extra income and capital growth.
Long-term security – lease extension guaranteed, with 38 years remaining on current term.
High-demand area – strong local rental demand ensures steady occupancy and returns.
💡 Why This Deal Stands Out:
With low fixed outgoings, a secure rental stream, and prime location near a major sports venue, this property offers instant profitability plus the potential to increase income and value through development.
Perfect for investors looking to start strong or experienced operators seeking a high-yield, low-overhead location.
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