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No longer on the market

This property is no longer on the market

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Takeaway

Takeaway
523
Added > 14 days

Features and description

  • 15 year lease for sale from June 2022
  • Recently fully refurbished and fitted out
  • Prominent location
  • 1 car parking space
The property comprises a prominent mid-terrace ground floor takeaway which was recently fully refurbished and fitted out by the current tenant. Currently trading as Prime Pizza established in November 2021 and benefitting from an open plan kitchen/prep area with external staff W/C facilities at the rear. There is also rear access for loading and 1 allocated parking space.
Current trading hours:- Mon-Thurs 4pm - 11pm Fri - Sun 12pm - 11pm

By appointment only please through:

The Property is prominently located in a busy trading location at the top of The Parade, which is an extension of the High Street and a pedestrianised area in the town centre and within walking distance of Watford Junction mainline station. Within the parade there is a mixture of local and national traders where a Sainsbury supermarket is located behind The Parade and has a car park with approximately 400 parking spaces.
Other occupiers include Iceland, Pryzm Night Club, Wenzels and Creams Desert Lounge. There is access to the rear of the property via a shared service road.

Watford

1 car parking space to the rear.

Assignment of the 15 year lease on effective full repairing and insuring terms which commenced from November 2022 with 3 yearly upward only rent reviews.

By way of separate negotiation, the current tenant is seeking a premium in the order of £40,000 for the goodwill, lease, stock and fixtures and fittings (Clarification upon request).

£21,000 per annum exclusive payable quarterly in advance.

Property information from this agent

About this agent

Perry Holt - Hertfordshire
Perry Holt - Hertfordshire
1st Floor, 165-167 High Street Rickmansworth, Hertfordshire WD3 1AY
01923 908140
Full profileProperty listings
The Founder of the business, Perry Holt, has extensive experience in the commercial property market which he has gained over 50 years in the Watford and Southwest Hertfordshire area. In December 2019 Alex Sewell was appointed Managing Director. Alex, Perry and the team will work together to deliver on the company’s growth plans for 2022 (the company’s 20th anniversary year) and beyond. Alex brings extensive experience of the local residential market having run the successful agency Sewell & Gardner since 2002.
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