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Property
Vicarage Road, Watford WD18
£110,000
Vicarage Road, Watford WD18
£110,000
Our Summary
- The location is particularly advantageous, with the town centre just a five-minute walk away, ensuring a steady stream of potential customers
- We invite you to explore the potential that this property holds for your business aspirations
- Note the client/tenant looking to sell due to a change in personal circumstances but offers a thriving business with much potential to improve the already well established turnover and with the new football season having again just started
Description
This charming shop, restaurant, or takeaway on Vicarage Road in Watford is a unique opportunity for entrepreneurs and investors. With a generous 650 square feet of space and a prime location in the pedestrianized section of the road, the property benefits from a high volume of foot traffic and is just a five-minute walk from the town centre. The proximity to Watford football ground and Watford General Hospital adds to its appeal, attracting a diverse clientele throughout the week. The property has a rich history, dating back to 1890, and currently operates as Chai Green, with a thriving business and a turnover of between £3,000-£4,000 per week. The lease is available for a new 10-year term, with a premium of £110,000 sought for the benefit of the lease, business, and fixtures and fittings. With its prime location and historical charm, this commercial space is not to be missed.