Property photos
Just added
Leasehold
Guide price
£225,000
Property for sale
Vicarage Road, Watford WD18Local area information
Property location
Nearby amenities
- Chater Junior School 0.2 miles
- Watford Grammar School for Girls 0.2 miles
- Watford High Street 0.4 miles
- Bushey 0.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Watford to find out more about the local area.
Features and description
- Leasehold
Warren Anthony Commercial are delighted to bring to the market this two storey mixed use building with the ground floor shop currently trading as Fry Days (having been we understand established in the selling of fish and chips from these very same premises now for some 125 years approx.) and separate self contained first floor 2 bedroom flat above (having been converted currently by removing the internal partition to 1 bedroom) let originally on a 1 year Assured Shorthold Tenancy expired but still producing an income of £1,300.00 per calendar month/£15,600.00 per annum exclusive of all outgoings.
Warren Anthony Commercial are delighted to bring to the market this two storey mixed use building with the ground floor shop currently trading as Fry Days (having been we understand established in the selling of fish and chips from these very same premises now for some 125 years approx.) and separate self contained first floor 2 bedroom flat above (having been converted currently by removing the internal partition to 1 bedroom) let originally on a 1 year Assured Shorthold Tenancy expired but still producing an income of £1,300.00 per calendar month/£15,600.00 per annum exclusive of all outgoings.
Also to the rear of the ground floor there comprises a single storey potentially self contained building with the possibility subject to obtaining the necessary planning permission to convert into a further 2 bedroom flat with its own entrance, reception, kitchen, bathroom and WC.
It is located on Vicarage Road with constant footfall and in particular on match days within a short walking distance not only of the football ground but also Watford General Hospital as well as the town centre, newly renamed Harlequin Shopping and easy access by car to both the M1 and M25 motorways.
Lease originally some 40 years from we understand December 2023 with just over 38 years approx. Unexpired by way of a 20 years full repairing and insuring rolling term subject to a further 20 years from December 2043 up to and including December 2063. Also we believe subject to 5 yearly upward only rent reviews to be confirmed
Rent £1,250.00 per calendar month/£15,000.00 per annum exclusive of all outgoings with we understand exclusive of both VAT and business rates but this we recommend that any interested buyer/tenant should be responsible for making their own enquiries and in particular of the local rating authority at Watford Borough Council.
Premium £225,000 subject to contract for the benefit of the lease, business as a going concern, all current fixtures and fittings plus income as already described above.
Note this to be a genuine sale with the current owner due to personal reasons only having now to sell but with much potential to increase not just the business turnover but also income.
Turnover currently we understand to be between including matchdays some £6,000.00-£7,000.00 per week/£312,000.00-£364,000.00 per annum.
Trading hours currently Monday-Saturday 11am-11pm - Sunday closed.
Energy performance certificate for both the shop and flat available separately upon application.
Legal costs with each party to be responsible for the payment of their own legal costs incurred in this transaction.
A non refundable deposit in the sum of £1,000.00 payable to the selling agent this on terms having been agreed and will be paid separately to any other costs and/or fees paid as well as any premium/price,
Viewing strictly by prior appointment only through the selling agents Warren Anthony Estate Agents on option 3.
Warren Anthony Commercial are delighted to bring to the market this two storey mixed use building with the ground floor shop currently trading as Fry Days (having been we understand established in the selling of fish and chips from these very same premises now for some 125 years approx.) and separate self contained first floor 2 bedroom flat above (having been converted currently by removing the internal partition to 1 bedroom) let originally on a 1 year Assured Shorthold Tenancy expired but still producing an income of £1,300.00 per calendar month/£15,600.00 per annum exclusive of all outgoings.
Also to the rear of the ground floor there comprises a single storey potentially self contained building with the possibility subject to obtaining the necessary planning permission to convert into a further 2 bedroom flat with its own entrance, reception, kitchen, bathroom and WC.
It is located on Vicarage Road with constant footfall and in particular on match days within a short walking distance not only of the football ground but also Watford General Hospital as well as the town centre, newly renamed Harlequin Shopping and easy access by car to both the M1 and M25 motorways.
Lease originally some 40 years from we understand December 2023 with just over 38 years approx. Unexpired by way of a 20 years full repairing and insuring rolling term subject to a further 20 years from December 2043 up to and including December 2063. Also we believe subject to 5 yearly upward only rent reviews to be confirmed
Rent £1,250.00 per calendar month/£15,000.00 per annum exclusive of all outgoings with we understand exclusive of both VAT and business rates but this we recommend that any interested buyer/tenant should be responsible for making their own enquiries and in particular of the local rating authority at Watford Borough Council.
Premium £225,000 subject to contract for the benefit of the lease, business as a going concern, all current fixtures and fittings plus income as already described above.
Note this to be a genuine sale with the current owner due to personal reasons only having now to sell but with much potential to increase not just the business turnover but also income.
Turnover currently we understand to be between including matchdays some £6,000.00-£7,000.00 per week/£312,000.00-£364,000.00 per annum.
Trading hours currently Monday-Saturday 11am-11pm - Sunday closed.
Energy performance certificate for both the shop and flat available separately upon application.
Legal costs with each party to be responsible for the payment of their own legal costs incurred in this transaction.
A non refundable deposit in the sum of £1,000.00 payable to the selling agent this on terms having been agreed and will be paid separately to any other costs and/or fees paid as well as any premium/price,
Viewing strictly by prior appointment only through the selling agents Warren Anthony Estate Agents on option 3.
More information
Listed by
Warren Anthony
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