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75 Vicarage Rd 750 sq ft Retail Property Watford WD18 0EJ £60,000 (£80/sq ft)
Executive Summary
Off license, grocery and fishmongers shop for sale.
The business is offered for sale with the benefit of a secure leasehold interest. The premises are held on a 15-year lease that commenced on 20 January 2021 and expires on 20 January 2036. There are no reported break clauses within the lease, providing an incoming purchaser with long-term security of tenure. The current passing rent is £18,000 per annum, with rent reviews scheduled every five years in accordance with the lease terms. With approximately ten years remaining unexpired, the property offers a strong and stable occupational base, which should be attractive to owner-occupiers and investors alike.
The business is offered for sale with the benefit of a secure leasehold interest. The premises are held on a 15-year lease that commenced on 20 January 2021 and expires on 20 January 2036. There are no reported break clauses within the lease, providing an incoming purchaser with long-term security of tenure. The current passing rent is £18,000 per annum, with rent reviews scheduled every five years in accordance with the lease terms. With approximately ten years remaining unexpired, the property offers a strong and stable occupational base, which should be attractive to owner-occupiers and investors alike.
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per sq ft |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
Property Facts
Sale Type
Investment or Owner Occupier
Sale Conditions
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Shopfront
Property Size
750 sq ft
Costar Property Class
B
Year Built
1957
Price
£60,000
Price per sq ft
£80
Tenancy
Single
Number of Floors
1
Plot ratio
0.59
Total Plot Size
0.03 ac
Amenities
- Air Conditioning
About 75 VICARAGE RD , WATFORD, HRT WD18 0EJ
Off license, grocery and fishmongers shop for sale.
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Nearby Major Retailers
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Vicarage mini mart
75 Vicarage Rd
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