The Parade, High Street, Watford, Hertfordshire, WD17
£104.77 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
57,271 sq ft
5,321 sq m
- SECTOR
Commercial development for sale
- USE CLASSUse class orders: B8 Storage and Distribution, C3 Dwelling Houses, Class E, Class F1, Class F2 and Sui Generis
B8, C3, E, F1, F2, sui_generis_3
Key features
- Centrally located in Watford Town Centre
- Highly sought after location
- Total NIA 47,334 sq ft / GIA 57,271 sq ft.
- Full vacant possession due by 5th January 2024.
- Freehold.
Description
* Watford has been undergoing significant urban regeneration to revitalise the town centre through adoption of a Watford Town Centre Strategic Framework Plan - within which the subject property is identified as presenting an opportunity "to positively sculpt the character of Watford".
* Highly sought after location with strong occupational interest from a variety of national retailers.
* The building is arranged over basement, ground and two upper floors and presents as a former
nightclub (Sui Generis) with prominent high street and corner frontage to High Street.
* The premises benefit from voluminous open areas with excellent floor to ceiling heights throughout.
* Total NIA 47,334 sq ft / GIA 57,271 sq ft.
* Full vacant possession due by 5th January 2024.
* Freehold.
* VAT is applicable.
* Unconditional offers sought.
* A full data room is available including surveys, indicative schemes and plans.
We are instructed to guide £6,000,000 (Six Million Pounds) Subject to Contract.
This equates to a very low capital value of £104 psf, significantly below replacement cost.
Brochures
The Parade, High Street, Watford, Hertfordshire, WD17
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Watford Junction Station0.4 miles
- Watford High Street Station0.6 miles
- Watford Station0.7 miles
About ESTATE OFFICE INVESTMENTS LIMITED, London
Ground Floor 1 Finchley Road, London, NW8 9TT
A London based boutique property consultancy with a global track record. We are investment and development land specialists, primarily selling land and buildings with and without planning permission, with a focus on residential blocks and commercial investment opportunities in retail, leisure and office space. We also act on behalf of clients on residential and commercial acquisitions.
Established in 1983 with exceptional combined experience, our dynamic team of fourteen work tirelessly
Notes
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