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The Parade, High Street, Watford, Hertfordshire, WD17

Guide Price
£6,000,000

£104.77 per sq ft

Business rates & charges may apply

ESTATE OFFICE INVESTMENTS LIMITED, London
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

Floor/Site plan 1
1

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

* Centrally located in Watford Town Centre, less than a mile from both Watford Junction (Overground) and Watford (Metropolitan line) Underground stations.

* 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

Approximate location
Open mapStreet View

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 to deliver the best possible outcomes for our clients. Entrepreneurial in style with the success which comes with several decades of service, our clients see Estate Office as their long-standing agency of choice

Notes

These notes are private, only you can see them.

Disclaimer - Property reference TheParadeWatford. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by ESTATE OFFICE INVESTMENTS LIMITED, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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