Watford

1/5 Parade

1/5 Parade, Watford

Sold

Property Details

Price

£2,715,000

Rent

£252,500

Net Initial Yield

8.75%

Tenure

Freehold

Description

  • Watford is a dominant retail centre situated 19 miles north west of central London, within the M25.
  • Watford’s gross disposable household income is in excess of £7,000 higher than the national average (Source: ONS).
  • The property is situated in the prime pitch in a dominate position at the junction of The Parade and Clarendon Road in the heart of Watford Town centre.
  • Clarendon Road, adjoining the property, is the leading office location in the North West M25. With major employers such as PwC, TK Maxx and KPMG, it supports a large workforce that drives strong lunchtime and evening retail footfall to the property.
  • The property is fully let to Greggs, Pret A Manger, Tech Tronex and Betfred.
  • Total Net Income: £252,500 per annum.

Location

Contacts for this property

Tom
Tom Heptonstall
07714 255245
Olly Photo
Oliver Smart
07818 402754
Paddy
Patrick Kilvington
07860 625512

Downloads