About this property
Freehold investment for sale comprising of a mid-terrace ground floor shop with rear garden currently trading as a sandwich/coffee shop where the current lease expires in August 2023 with a rental of £12,000 per annum exclusive. Above is a self-contained 2 bed maisonette flat with separate access from the street, let on a 1 year AST, where the current rent is £9,000 per annum exclusive. Current total rental income £21,000 per annum exclusive.
Prominently situated on Whippendell Road, which is a busy feeder road into Watford Town Centre and the Atria Shopping Centre and within 1.5 miles of Watford Junction Station. With easy access of the M1 at junction 5 and thereby to the M25 and the whole motorway system throughout the South East.
£380,000 For the Freehold Interest
Each party to be responsible for their own legal costs.
By appointment only please through joint agents:
Pery Holt & Co and Proffitt&Holt Paul Thompson
We understand that VAT is not currently payable on the purchase price.