76 High Street Watford Hertfordshire WD17 2BP

76 High Street
Watford
Hertfordshire
WD17 2BP

Freehold Retail and Office Investment

On behalf of Joint LPA Receivers
Ground floor let to Brook Street Bureau plc
Prominent corner position fronting Market Place on High Street
Nearby occupiers include NatWest, Dollond & Aitchison, William Hill and ASK Restaurant

Lot
48
Auction
27th May 2010
Rent
£67,500 per Annum
Status
Sold
Price
£866,000
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
Mayfair
London W1K 2HP

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Freehold Retail and Office Investment

On behalf of Joint LPA Receivers
Ground floor let to Brook Street Bureau plc
Prominent corner position fronting Market Place on High Street
Nearby occupiers include NatWest, Dollond & Aitchison, William Hill and ASK Restaurant

Lot 48
Auction 27th May 2010
Rent £67,500 per Annum
Status Sold
Price £866,000
Sector
High Street Retail
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
Mayfair
London W1K 2HP

Property Information

Location

Population: 79,600 (town)
Miles: 8 miles north-west of Harrow; 9 miles south-east of Hemel Hempstead; 10 miles south-west of St Albans
Roads: A412, M1, M25
Rail: Watford Underground Station (Metropolitan Line), Watford Junction Mainline Railway Station
Air: Heathrow

Situation

The property is prominently situated on the pedestrianised Market Place and benefits from a return frontage to New Street. Market Place links directly into High Street, Watford's principal retail thoroughfare, while the subject property is diagonally opposite the Harlequin Shopping Centre.

Tenure

Freehold.

Location

Population: 79,600 (town)
Miles: 8 miles north-west of Harrow; 9 miles south-east of Hemel Hempstead; 10 miles south-west of St Albans
Roads: A412, M1, M25
Rail: Watford Underground Station (Metropolitan Line), Watford Junction Mainline Railway Station
Air: Heathrow

Situation

Tenure

Freehold.

Description

The property comprises a GROUND FLOOR RETAIL UNIT with SELF-CONTAINED OFFICE ACCOMMODATION on the first and second floors accessed from Market Place. The basement is also a SELF-CONTAINED RETAIL UNIT and is accessed via New Street. Only the ground floor retail unit is currently occupied. NB. This property is being marketed on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The LPA Receivers are not bound to accept the highest or any offer and are acting without personal liability.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x
Ground	Retail	126.4 sq m	(1,361 sq ft)	BROOK STREET BUREAU PLC (1) (t/a BROOK STREET)	15 years from 25/03/1996	£67,000
Basement	Retail	69.77 sq m	(751 sq ft)	VACANT
First & Second	Office	253.93 sq m	(2,733 sq ft)	VACANT
Totals		450.1 sq m	(4,845 sq ft)			£67,000

(1) Founded in 1946, Brook Street is a long established recruitment company which now has more than 100 branches nationwide, firmly establishing itself as one of the UK's leading names in recruitment. In 1965, Brook Street was the first agency to be listed on the Stock Exchange and in 1985 were the first to become a member of the British Quality Foundation. (Source: www.brookstreet.co.uk)