Freehold Retail Investment
Freehold Retail Investment
The property is situated in a prominent position on the parade, a well established pedestrianised thoroughfare which is a short distance from Watford town centre. Nearby occupiers include Superdrug, McDonald’s, Nando’s restaurant and British Heart Foundation. The Harlequin Shopping Centre is a short distance
away.
Freehold.
The property is situated in a prominent position on the parade, a well established pedestrianised thoroughfare which is a short distance from Watford town centre. Nearby occupiers include Superdrug, McDonald’s, Nando’s restaurant and British Heart Foundation. The Harlequin Shopping Centre is a short distance
away.
Freehold.
The property comprises ground floor retail with ancillary accommodation and forms part of an established parade of shops.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises ground floor retail with ancillary accommodation and forms part of an established parade of shops.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reviews | |
|---|---|---|---|---|---|---|---|
| Ground |
Retail and Ancillary | 134.50 sq m |
(1,448 sq ft) |
PEOPLE’SDISPENSARY FORSICK ANIMALS (1) (2) | 15 years from 29/09/1997 |
£37,650 |
28/09/2012 |
| Totals | 134.50 sq m |
(1,448 sq ft) |
£37,650 pax | ||||
(1) PDSA is the UK’s leading veterinary charity, with 375 pet-aid practices, 171 stores and 43 pet-aid hospitals throughout the UK. (Source: www.pdsa.org.uk)
(2) For the year ending 31st December 2010 PDSA Trading Limited reported a turnover of £9,750,398, a pre-tax profit of £2,353,191 and a total net worth of £7,223. (Source: www.riskdisk.com 11/04/2012)
(3) The Seller has been advised by the tenant that they have instructed agents to negotiate terms for a new lease.
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