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-Generating an income of Β£252,500 pa across the 4 retail units, let to leading tenants Greggs, Pret A Manger, Tech Tronex and Betfred.
-A prime corner on High Street / Clarendon Road with the latter being the North West M25βs leading office hub (PwC, TK Maxx, KPMG) delivering serious lunchtime and evening footfall.
-Benefiting from an affluent catchment: Watfordβs gross disposable household income is Β£7,000+ above the national average (ONS).
-Upper parts let to Watford Community Housing Trust (c.177 years unexpired).
Weβve been instructed by our client to seek offers in excess of Β£2.715m for this fantastic property, reflecting a 8.75% NIY.
For more information, get in touch with Tom Heptonstall, Patrick Kilvington or Oliver Smart.
Watford The Parade Brochure