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Jewson Queens Avenue Watford 3 Properties Offered at £3,000,000 in Watford
INVESTMENT HIGHLIGHTS
- Surrounded by strong retail, leisure, and community infrastructure
- Strategic location near Watford town centre and transport links
- Flexible site layout suitable for trade, industrial, or residential use
EXECUTIVE SUMMARY
This rare freehold investment opportunity in Watford offers a compelling blend of secure income and long-term redevelopment potential. Situated on a 1.25-acre site in a predominantly residential area just 0.8 miles from Atria Watford shopping centre, the property comprises three trade counter units with ancillary offices and two substantial warehouses totalling approximately 43,150 sq ft GIA.
Jewson has operated from the site for over two decades, with the current lease held by Stark Building Materials UK Limited running until June 2028, generating £350,000 per annum. The lease includes mutual break options in December 2026 and June 2027, offering flexibility for future repositioning. The site is well-suited for continued trade, light industrial, or storage use, and presents a strong case for residential redevelopment—potentially as mews houses, apartments, or a hybrid scheme—subject to planning.
Strategically located just 15 miles northwest of Central London, Watford benefits from excellent connectivity via the M1, M25, A41, and direct rail links to Euston in under 30 minutes. The surrounding area is rich in amenities, including Cassiobury Park, Watford Market, and cultural venues like Watford Palace Theatre and Colosseum. This combination of income stability, location strength, and redevelopment upside makes the asset an attractive proposition for investors and developers alike.
Jewson has operated from the site for over two decades, with the current lease held by Stark Building Materials UK Limited running until June 2028, generating £350,000 per annum. The lease includes mutual break options in December 2026 and June 2027, offering flexibility for future repositioning. The site is well-suited for continued trade, light industrial, or storage use, and presents a strong case for residential redevelopment—potentially as mews houses, apartments, or a hybrid scheme—subject to planning.
Strategically located just 15 miles northwest of Central London, Watford benefits from excellent connectivity via the M1, M25, A41, and direct rail links to Euston in under 30 minutes. The surrounding area is rich in amenities, including Cassiobury Park, Watford Market, and cultural venues like Watford Palace Theatre and Colosseum. This combination of income stability, location strength, and redevelopment upside makes the asset an attractive proposition for investors and developers alike.
PROPERTY FACTS
| Price | £3,000,000 | Number of Properties | 3 |
| Price psf | £69.52 / sq ft | Individually For Sale | 0 |
| Yield | 11% | Total Property Size | 43,150 sq ft |
| Sale Type | Investment | Total Land Area | 3.66 ac |
| Status | Pending |
| Price | £3,000,000 |
| Price psf | £69.52 / sq ft |
| Yield | 11% |
| Sale Type | Investment |
| Status | Pending |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Property Size | 43,150 sq ft |
| Total Land Area | 3.66 ac |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Jewson Ltd
Queens Ave, Watford WD18 7NW |
Industrial | 24,460 sq ft | 1975 | - |
|
Jewson Ltd
Queens Ave, Watford WD18 7NW |
Industrial | 11,875 sq ft | 1975 | - |
|
Jewson Ltd
Queens Ave, Watford WD18 7NW |
Retail | 6,815 sq ft | 1975 | - |
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Jewson Queens Avenue Watford
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