Cafe for saleVicarage Road, Watford, Hertfordshire, WD18
585 sq. ft. | £360,000
- Business for sale
- 585 sq ft (54 sq m)
- Use class orders: A3 Restaurants and Cafes and A5 Hot Food Take away
- Freehold Shop
- A3/A5 Uses
- Parking space for 3 cars
- Size 585
- Located on Vicarage Road
London Properties are delighted to bring to the market this freehold shop on ground floor 585 sq ft approx with 18' approx frontage comprising until recently a takeaway restaurant with WC to the front, kitchen and internal storage area plus to the rear an area previously fitted as a kitchen with separate WC and parking with space for up to 3 cars. The residential upper part comprises a self contained 2 bedroom flat sold on lease with we believe 76 years approx remaining at a ground rent of £50 per annum. The premises form part of this pedestrianised precinct on Vicarage Road with rear access to the Hornets amongst many other local traders including beauty shops, barbers/hairdressers, cafe and coffee shop with the town centre shopping and Watford General Hospital nearby.
Price £360,000 subject to contract for the freehold with vacant possession of the shop and ground rent of £50 per annum from the flat.
Alternatively, the shop/takeaway restaurant available on a new full repairing and insuring lease for a term to be agreed subject to periodic rent reviews at a rental of £25,000 per annum exclusive plus premium/price negotiable for the fixtures and fittings if required. Business rates with a rateable value of £7,300. However, all interested parties are recommended to make their own enquiries to the local rating department at Watford Borough Council.
Use A3/A5 to be confirmed. However, the freeholder/landlord will if let accept other uses particularly A1/A2 subject to change of use and/or planning permission. Local authority Watford Borough Council. Legal costs to be confirmed. London Properties will charge a fee of £250 plus VAT for taking up references for any proposed tenant. This fee is non refundable after the references have been applied for whether they are accepted or not by the landlord. Internal Viewings are highly recommended through London Properties by appointment only
Energy Performance Asset Rating is 63 -C Rating
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