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COMMERCIAL

Restaurant for sale

Market Street, Watford

£85,000
Warren Anthony Estate Agents, Watford
PROPERTY TYPE

Restaurant

SIZE

1,014 sq ft

94 sq m

Description

Warren Anthony Commercial are delighted to bring to the market until recently trading as Our Brothers Cafe currently now vacant this ground floor restaurant and takeaway arranged over the ground floor only comprising some 94.25 square m / 1,014 square ft approx. including staff toilets it occupies a prime location on Market Street close to the ring road, town centre and surrounded by a mix of mainly local traders to include barber shops, hairdressers, restaurants, cafes and The Market Tavern Public House within two doors away.

Ou Brother Cafe - Warren Anthony Commercial are delighted to bring to the market until recently trading as Our Brothers Cafe currently now vacant this ground floor restaurant and takeaway arranged over the ground floor only comprising some 94.25 square m / 1,014 square ft approx. including staff toilets it occupies a prime location on Market Street close to the ring road, town centre and surrounded by a mix of mainly local traders to include barber shops, hairdressers, restaurants, cafes and The Market Tavern Public House within two doors away.

Also within close proximity of Watford High Street mainline railway station and near to the M1 and M25 motorways.

Available by way of an original 30 years full repairing and insuring lease from 2018 with 23 years approx. remaining subject to 5 yearly upward only rent reviews {with next rent review in 2028) at a rent of £2,500.00 per calendar month/£30,000.00 per annum exclusive and premium of £85,000.00 subject to contract for the benefit of the lease and all fixtures and fittings at present in situ.

Alternatively, to be taken on a new full repairing and insuring lease for a term to be agreed at a rent of £3,500.00 per calendar month/£42,000.00 per annum exclusive subject to 5 yearly upward only rent reviews but to be compliant with the existing head lease the next rent review will be in just under 3 years approx. thereafter 5 yearly plus rent deposit payable on completion and equivalent to 3 months rent equivalent to£10,500.00.

VAT whether payable to be confirmed.

Rateable Value currently £19,750 but subject to a future change from 01 April 2026 to £30,750.

Use E1 Cafe & Premises.

Legal Costs with both parties legal costs to be borne by the new ingoing tenant and/or buyer/purchaser.

EPC/Energy Performance Certificate available upon request.

Viewing by prior appointment only through Sole Agent Warren Anthony Commercial option 3.

Brochures

Market Street, Watford

Market Street, Watford

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Watford High Street Station0.3 miles
  • Watford Junction Station0.6 miles
  • Watford Station0.8 miles

About Warren Anthony Estate Agents, Watford

12 Market Street, Watford, WD18 0PD
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1

Warren Anthony’s success has been built upon a blend of superb customer service and a reputation second to none. Established in Watford in 2002 this vibrant team of estate agents with a combined local experience of over 75 years have an unrivalled passion for both Selling and Renting a wide range of properties.

A Partner run business, with a superb office location in the heart of Watford, our experienced team aim to suit all of our clients needs with maximum effort and professionalism at all times.

We specialise in all areas of Watford and surrounding localities and would invite all Homeowners, Landlords, Purchasers and Tenants to contact us for a pleasurable moving experience.

As well as our core Estate Agency Business we also offer a range of services including Conveyancing, Mortgages, Property Management and Surveying and Land and New Home Development.

We understand that the property market continuously changes and we strive to always have the latest Technology, Software and Image to assist our staff, with all staff undergoing extensive agency training from leading professionals throughout their careers with Warren Anthony.

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Disclaimer - Property reference 34422671. 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 Warren Anthony Estate Agents, Watford. 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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