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COMMERCIAL

FREEHOLD Shop + Upper floor flat, Queens Road, Watford WD17

£695,000
Filey Properties, Enfield
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

For Sale: Ground Floor Commercial with a 3-bedroom Residential Flat AboveLocation: Queens Road, Watford, WD17 2LA Filey Properties are delighted to present an excellent investment opportunity to the market.

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.
Contact Us Today on to arrange a viewing right away!

Brochures

Full Details

FREEHOLD 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

About Filey Properties, Enfield

78 Lancaster Road London EN2 0BX

Notes

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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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