Freehold Retail Investment
Freehold Retail Investment
The property is situated in a prominent position on the parade, a well established pedestrianised thoroughfare which is a short distance from Watford town centre. Nearby occupiers include Superdrug, McDonald’s and Nando’s restaurant. The Harlequin Shopping Centre is a short distance away.
Freehold.
The property is situated in a prominent position on the parade, a well established pedestrianised thoroughfare which is a short distance from Watford town centre. Nearby occupiers include Superdrug, McDonald’s and Nando’s restaurant. The Harlequin Shopping Centre is a short distance away.
Freehold.
The property comprises ground floor retail with ancillary accommodation and forms part of an established parade of shops.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises ground floor retail with ancillary accommodation and forms part of an established parade of shops.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reviews | |
|---|---|---|---|---|---|---|---|
| Ground |
Retail and Ancillary | 129 sq m |
(1,338 sq ft) |
RSPCA MIDDLESEXNORTH-WESTBRANCH (1) | 5 years from 24/06/2010 |
£33,800 | 23/06/2015 (2) |
| Totals | 129 sq m |
(1,338 sq ft) |
£33,800 | ||||
(1) RSPCA Middlesex North-West Branch has been operating for over 75 years as a registered charity and is one of over 170 branches of the Royal Society for Prevention of Cruelty to Animals (RSPCA).
(2) The lease contains a mutual option to determine on 24/06/2013.
(3) The tenant has confirmed to the seller a willingness, in principle, to give up the mutual option to determine the lease.
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