- Glazed Frontage
- Kitchen/ Preparation area
- WC Facilities
- Rear Access
The property comprises a mid-terrace ground floor shop with off street parking to the front and has up until recently been trading as an A3 restaurant.
Rarely available, the premises are situated within the well established parade of shops on the Cassiobury Estate, Watford, located on Langley Way directly off Hempstead Road.
Assignment of the current lease for a term of 20 years which we understand expires in 2039 therefore approximately 18 years unexpired with 5 yearly rent reviews.
£20,000 per annum exclusive.
By way of separate negotiation, the current tenant is seeking in the order of £45,000 plus VAT (if applicable) for the fixtures and fittings (Clarification upon request).
Each party to be responsible for their own legal costs.
We understand the current service charge is approximately £2,952.60 per annum.
By appointment only please through the owners Sole Agents:
We understand that VAT is not currently payable on the rent.