The Parade, High Street, Watford, Hertfordshire, WD17
- SIZE AVAILABLE
5,578 sq ft
518 sq m
- SECTOR
Commercial property to lease
Lease details
- Lease available date:
- Ask agent
Key features
- Leasehold
- Busy pedestrianised location
- Prominent position fronting The Parade
- External trading area to the front elevation by way of a pavement licence
- Prime pitch in the centre of Watford
- Short distance from Watford Junction and Watford High Street Station
- GIA - 518.2 sq m (5,578 sq ft)
- Rental offers invited for a new sublease expiring 31st May 2020
Description
Watford is a large town in Hertfordshire which is situated approximately 9.1 miles south of Hemel Hempstead, 10.4 miles south west of St Albans and 7.0 miles north of Harrow. The area has good transport connections with Watford High Street train station providing regular services into
central London.
The Former Colombia Press occupies a prime pitch in the pedestrianised town centre fronting The Parade, with Watford High Street train station located 0.6 miles to the south east. The surrounding area is predominantly commercial with nearby occupiers including O Watford, Canvas, Dunnings, Fratelli and GDK.
DESCRIPTION & ACCOMODATION
The Former Colombia Press comprises the ground and first floor of a larger two storey mid-terraced building under a flat roof. To the front elevation is an external trading area laid out to provide seating for approximately 48 customers.
Ground Floor: Trading accommodation with bar servery to the right with seating provided on booths and loose tables and chairs. To the rear is a disabled WC and ancillary storage.
First Floor: The first floor provides a beer cellar with heavy goods lift access, customer WC's, manager's office, trade kitchen with dumbwaiter access and ancillary storage.
TENURE
The premises are available by way of a sublease expiring on 31st May 2030 with rental offers invited. The sublease will be drafted outside of the security of tenure provisions of the Landlord & Tenant Act 1954. The annual service charge is payable on an ad hoc basis.
RATEABLE VALUE & EPC
2023 Rateable Value - £120,000
EPC - C-51
PREMISESE LICENCE
The property benefits from a premises licence permitting the sale of alcohol until 02:00 on Mondays, until 00:00 Tuesday to Wednesday, until 02:00 Thursday to Saturday and until 00:00 on Sunday.
TRADING INFORMATION
Historic trading information may be available to interested parties upon written request.
VIEWING & TERMS
The premises are currently closed so all parties wishing to view need to do so by prior appointment via the the joint selling agents Savills and CBRE.
Rental offers are invited for the benefit of a new sublease.
Brochures
The Parade, High Street, Watford, Hertfordshire, WD17
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Watford Junction Station0.4 miles
- Watford High Street Station0.5 miles
- Watford Station0.7 miles
About CBRE Ltd, London (Licensed, Leisure & Hotel Property)
Henrietta House Henrietta Place, London, W1G 0NBNotes
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