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Residential Development for sale

Vicarage Road, Watford, Hertfordshire, WD18 0EY

Guide Price* £360,000

Property Description

Key features

  • A Commerical And Ground Rent Investment Producing Approximately £35,360 Per Annum.
  • Freehold
  • The property is situated in a prominent position opposite the Vicarage Road Stadium ( home of Watford FC) in the heart of Watford close to local shops and amenities. The open spaces of Harwoods...

Full description

Tenure: Freehold

For Sale by Public Auction 30/11/2016 A Commerical And Ground Rent Investment Producing Approximately £35,360 Per Annum.

Tenure
Freehold

Location
The property is situated in a prominent position opposite the Vicarage Road Stadium ( home of Watford FC) in the heart of Watford close to local shops and amenities. The open spaces of Harwoods Recreation Grounds are within easy reach. Transport links are provided by Watford High Street Overground station.

Description
The property comprises a ground floor public house (A4 License) within a detached building arranged over ground and first floors. The upper parts have been sold. The property has been recently refurbished to a high standard.

Accommodation
Ground Floor:Pub Area, Bar, Kitchen, Men's and Women's WC's.

Tenancy
The Ground Floor is subject to an IRI lease to Ten Toes Limited for a term of 25 years (less one day) commencing 4th March 2016 at a rent of £35,000 per annum.

Viewings
Refer to Auctioneer.

Map & Street View

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Lansdowne, Auctions on 02071128192.


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