FREEHOLD Shop + Upper floor flat, Queens Road, Watford WD17
- PROPERTY TYPE
Commercial Property
- SIZE
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Key features
- Freehold Unit : Business unaffected
- Shop + 3 bedroom Flat
- Long Lease on Shop (rental income)
- AST income on Flat with potential to increase
Description
This mixed-use property currently generating a combined rental income of up to £31,560 pa from both the ground floor Commercial and Residential Flat above. Situated in a desirable location by Atria Watford, the property is in close proximity to local amenities, transport links, and is within easy reach of Retail and Leisure facilities.
Leased Ground Floor Unit: Business unaffected
The ground floor commercial, which has a recently renewed interior, possesses a beautiful frontage, generous kitchen with a downstairs basement for stock.
First Floor Flat: 3 bedroom
The 3-bedroom Flat above is well-sized with 2 bedrooms on first floor and 1 bedroom in a loft conversion, has the potential to be rented room by room as studios with HMO. Property offers a private, separated access for the occupiers and brings in a high yield opportunity with strong returns relative to the asking price.
Rental Income Breakdown:
Shop - £1500 pcm / £18,000 pa (15-year lease, recently agreed)
Residential Flat - £1,380 pcm / £13,560 pa
Combined - £31,560, with Potential to Increase
Don’t Miss Out on This Investment Opportunity.
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Brochures
Full DetailsFREEHOLD Shop + Upper floor flat, Queens Road, Watford WD17
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Watford High Street Station0.3 miles
- Watford Junction Station0.4 miles
- Bushey Station0.9 miles
Notes
Disclaimer - Property reference 12705020. 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 Filey Properties, Enfield. 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.
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