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252-256 St. Albans Rd 1,082 sq ft Retail Unit Offered at £675,000 in Watford WD24 4AX
Investment Highlights
- Good road connections
- Close to Watford town centre
- Amenities nearby
Executive Summary
Prominently positioned on St Albans Road, which is a busy feeder road to Watford Junction Station and Watford Town Centre, with frequent bus routes. The premises are within close proximity of The Dome roundabout where Sainsbury and Asda supermarkets are situated, together with a parade of shops which includes, restaurants, takeaways, convenience stores, hairdressers, etc.
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Owner Occupier | Tenure | Freehold |
| Sale Type | Owner Occupier |
| Tenure | Freehold |
Description
Comprising of a large ground floor retail unit with glazed frontage fronting St Albans Road, three bedroom flat above and large yard area with outbuildings accessed off Balmoral Road. The retail unit has been trading for 45 years as a hairdressing Salon which has recently ceased trading and offers internally large shop floor space with staff room and W/C’s to the rear. The flat is accessed internally and offers a kitchen, lounge, bathroom and bedroom to the first floor and a further two bedrooms on the second floor. The outbuildings currently offer storage space and can be accessed from an access road behind the neighbouring properties, with 252 St Albans Road being the last property to access and is gated for additional security.
Sale Notes
£700,000 for the Freehold interest.
In December 2019, planning permission was granted for the erection of first floor side/rear extension and internal revisions to existing residential unit and to create 1 no. 2 bed dwelling.
In December 2019, planning permission was granted for the erection of first floor side/rear extension and internal revisions to existing residential unit and to create 1 no. 2 bed dwelling.
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit 252 | 1,082 sq ft | Retail | £675,000 (£623.84/sq ft) | - |
Unit 252
| Unit Size |
| 1,082 sq ft |
| Unit Use |
| Retail |
| Price |
| £675,000 (£623.84/sq ft) |
| NOI |
| - |
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Unit 252
| Unit Size | 1,082 sq ft |
| Unit Use | Retail |
| Price | £675,000 (£623.84/sq ft) |
| NOI | - |
| Sale Type | Owner Occupier |
| Tenure | Freehold |
| Description | |
| Comprising of a large ground floor retail unit with glazed frontage fronting St Albans Road, three bedroom flat above and large yard area with outbuildings accessed off Balmoral Road. The retail unit has been trading for 45 years as a hairdressing Salon which has recently ceased trading and offers internally large shop floor space with staff room and W/C’s to the rear. The flat is accessed internally and offers a kitchen, lounge, bathroom and bedroom to the first floor and a further two bedrooms on the second floor. The outbuildings currently offer storage space and can be accessed from an access road behind the neighbouring properties, with 252 St Albans Road being the last property to access and is gated for additional security.</li></ul> | |
| Sale Notes | |
| £700,000 for the Freehold interest.<br> <br> In December 2019, planning permission was granted for the erection of first floor side/rear extension and internal revisions to existing residential unit and to create 1 no. 2 bed dwelling.</li></ul> |
Property Facts Sale Pending
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 1,082 sq ft | Typical Floor Size | 361 sq ft |
| Property Type | Retail (Unit) | Year Built | 1904 |
| Property Subtype | Shopfront | Total Plot Size | 0.38 ac |
| Costar Property Class | B | Parking Allocation | 3.7/1,000 sq ft |
| Floors | 3 |
| Total Property Size | 1,082 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront |
| Costar Property Class | B |
| Floors | 3 |
| Typical Floor Size | 361 sq ft |
| Year Built | 1904 |
| Total Plot Size | 0.38 ac |
| Parking Allocation | 3.7/1,000 sq ft |
Amenities
- Security System
- Signage
- Roller Shutters
- Storage Space
Nearby Major Retailers
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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252-256 St. Albans Rd
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