Jewson, Queens Avenue, Watford, WD18 7NW
Size
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Tenure
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EPC
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Parking
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- Primary use
- Trade counter
- Frontage
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Key features
- A 1.25-acre (0.51 ha) site
- 3 trade counter units with ancillary offices and 2 warehouses
- A lease was recently renewed for a three-year term
- Opportunities for continued storage, light industrial or trade use
- Residential redevelopment potential
Description
The property extends to approximately 4,009 sqm (43,150 sqft) GIA.
Jewson's have been in occupation for more than 20 years (since 2004).
A lease was recently renewed with Stark Building Materials UK Limited for a three-year term expiring on 18th June 2028 (mutual break in December 2026 and June 2027).
The current annual income is £350,000 (approx. £8.50 psf).
The property offers immediate opportunities for continued storage, light industrial or trade use, as well as residential redevelopment potential.
The site could be suitable for either a mews house scheme, an apartment scheme, or a combination of the two, subject to obtaining all necessary planning consents.
The property is for sale freehold at Offers in Excess of £3,000,000, subject to contract.
Net Initial Yield of approx 11.0% after allowing for 6.5% purchaser's costs.
The guide price reflects £70 psf on the existing buildings.
- Service charge
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- Business rates
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- Use class
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
Jewson, Queens Avenue, Watford, WD18 7NW
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Disclaimer - Property reference Jewson. 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 GLPG, Marylebone. 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.