344 St Albans Road, Watford, Hertfordshire WD24 6PQ
Barnett Ross Property AuctioneersBarnett Ross was formed in October 2002, drawing upon the combined 60 year's auction experience of John Barnett and Jonathan Ross, and immediately established itself as one of the largest independent auction houses in the U.K.
Read more Read moreLot 15 Click here for addendum Retail Investment – Gross Yield 10% 4 Week Completion Situation Located near to the junction with Windsor Road on this retail and commercial artery which is ideal for attracting both local and passing trade and amongst a host of independent traders all serving the surrounding residential population. Watford North Station (London Northwestern) is approx. mile distant and Watford town centre lies approx. 1 miles to the south. Watford is approx. 16 miles north-west of central London benefitting from good links via the A41 to the M1 (Junction 5) and the M25 (Junction 19). Property Forming part of a retail parade comprising a Ground Floor Shop . Accommodation Ground Floor Shop Internal Width 7'11" Shop & Built Depth 33'0" WC VAT is NOT applicable to this Lot Tenure Leasehold for a term of 999 years from completion at a peppercorn ground rent. Tenancy The property is let on a full repairing and insuring lease to N. Moukuta as a Tattoo Studio for a term of 5 years from 16th August 2024 at a current rent of £12,000 per annum exclusive. There is a £6,000 Rent Deposit held. Note: Nos. 338/338a, 340, 340a, 342/342a & 344a St Albans Road are also being offered for sale in this Auction - see Lots 12 to 14 & 16.
