Skip to content

The Parade, High Street, Watford, Hertfordshire, WD17

Guide Price
£1,250,000

£351.42 per sq ft

Business rates & charges may apply

ESTATE OFFICE INVESTMENTS LIMITED, London
SIZE AVAILABLE

3,557 sq ft

330 sq m

SECTOR

High street retail property for sale

Key features

  • Parade of 3 shops and ancillary upper parts ideally located on the pedestrianised High Street in Watford Town Centre.
  • All three units are sold with vacant possession having been recently vacated to allow for redevelopment.
  • Total Floor Areas 3,557 sq ft NIA (3,860 sq ft GIA).
  • Commercial ERV in the region of £100,000 per annum.
  • Freehold.

Description

Prominent Retail Parade with Significant Redevelopment Potential

* Parade of 3 shops and ancillary upper parts ideally located on the pedestrianised High Street in Watford Town Centre.

* All three units are sold with vacant possession having been recently vacated to allow for redevelopment.

* The buildings sit between significantly taller properties indicating a redevelopment for at least two additional stories (subject to obtaining the necessary consents).

* Immediately, the upper parts provide value add potential for residential conversion under Permitted Development Rights.

* Total Floor Areas 3,557 sq ft NIA (3,860 sq ft GIA).

* Commercial ERV in the region of £100,000 per annum.

* Freehold.

Guide Price of £1,250,000, One Million Two Hundred and Fifty Thousand Pounds (Plus VAT) subject to contract.

Brochures

The Parade, High Street, Watford, Hertfordshire, WD17

Approximate location

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 129-133TheParade. 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.