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The Parade, High Street, Watford, Hertfordshire, WD17

Guide Price
£4,000,000

£87.69 per sq ft

Business rates & charges may apply

ESTATE OFFICE INVESTMENTS LIMITED, London
SIZE AVAILABLE

45,616 sq ft

4,238 sq m

SECTOR

Commercial development for sale

USE CLASSUse class orders: B8 Storage and Distribution, C3 Dwelling Houses, Class E, Class F1, Class F2 and Sui Generis

B8, C3, E, F1, F2, sui_generis_3

Key features

  • Centrally located in Watford Town Centre
  • For Sale or To Let
  • Total GIA 45,616 sq ft.
  • VAT is applicable
  • Freehold
  • Voluminous Open Areas & Floor-To-Ceiling Heights
  • Sui Generis space suitable for a variety of town centre uses

Description

Sui Generis space suitable for a variety of town centre uses, including offices, leisure, co-living, self-storage, educational, places of worship, owner-occupiers or leasing.

* Centrally located in Watford Town Centre, less than a mile from both Watford Junction (Overground) and Watford (Metropolitan line) Underground stations.


* Watford is undergoing revitalisation of the town centre through adoption of a Watford Town Centre Strategic Framework Plan - within which the subject property opportunity "to positively sculpt the character of Watford".


* The building is arranged over basement, ground and two upper floors and presents as a former nightclub (Sui Generis) with corner frontage to High Street.


* The premises benefit from voluminous open areas with excellent floor to ceiling heights throughout.


* Total GIA 45,616 sq ft.


* VAT is applicable.


* Unconditional offers sought on a freehold or leasehold basis.



Occupational Leasehold

Rent & terms on a new lease basis upon application.



Guide Price

We are instructed to guide £4,000,000 (Four Million Pounds) subject to contract. This equates to a very low capital value of £87 psf, significantly below replacement cost.

Brochures

The Parade, High Street, Watford, Hertfordshire, WD17

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Watford Junction Station0.4 miles
  • Watford High Street Station0.6 miles
  • Watford Station0.7 miles

About ESTATE OFFICE INVESTMENTS LIMITED, London

Ground Floor 1 Finchley Road, London, NW8 9TT

A London based boutique property consultancy with a global track record. We are investment and development land specialists, primarily selling land and buildings with and without planning permission, with a focus on residential blocks and commercial investment opportunities in retail, leisure and office space. We also act on behalf of clients on residential and commercial acquisitions.

Established in 1983 with exceptional combined experience, our dynamic team of fourteen work tirelessly to deliver the best possible outcomes for our clients. Entrepreneurial in style with the success which comes with several decades of service, our clients see Estate Office as their long-standing agency of choice

Notes

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Disclaimer - Property reference TheParadeWatford. 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 ESTATE OFFICE INVESTMENTS LIMITED, London. 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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