Restaurants in Three Rivers available to rent
2

Restaurants to Rent in Three Rivers

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Restaurants to rent within 5 miles of Three Rivers

More details for 125-127 High St, Watford - Retail to Rent

The Parade - 125-127 High St

Watford, WD17 1NA

  • Retail to Let
  • £50,000 - £350,000 pa
  • 3,000 - 45,571 sq ft
  • 2 Units Available Now
  • 24 Hour Access
  • Kitchen

Watford Retail to Rent

The property is located in Watford, a town in Hertfordshire, north-west of Central London. It is situated in the town centre with high visibility and footfall, with Watford Junction and Watford High Street Railway Stations a short distance away. It is also less than a mile from Watford Underground stations. With the M1 motorway easily accessible, direct routes to both London and the North are readily available. Additionally, the nearby M25, London’s orbital motorway and bus services, ensure smooth transportation across the region.

Contact:

May & Company

Date on Market:

27/06/2024
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More details for 107-115 The Parade, Watford - Retail to Rent

107-115 The Parade

Watford, WD17 1LU

  • Retail to Let
  • 3,713 sq ft
  • 1 Unit Available Now
  • Energy Performance: C
  • Security System
  • Private Toilets
  • Kitchen
  • Display Window

Watford Retail to Rent

Occupying the ground floor and part first floor of a substantial three storey brick built character building. Character facade made of elevations of brick and timber, with brick infill in an unusual vertical herringbone pattern. Painted timber and glazed frontage at ground floor with prominent paved external trading space to front for circa 60 covers seated.

Contact:

Fleurets

Date on Market:

11/06/2024
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LoopNet UK Hertfordshire Watford Restaurants To Rent in Three Rivers, Watford, UK

Learn More About Leasing Restaurants

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Frequently Asked Questions About Renting A Restaurant in Three Rivers

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What should I consider before renting a restaurant?
Consider the location, footfall, nearby competition, size of the premises, kitchen facilities, extraction systems, licensing, business rates, and whether the layout supports your concept. Planning permission and permitted use are also key.
What is the typical lease length for a restaurant?
Most restaurant leases in the UK are between 5 and 15 years, often with a break clause or rent review after a set period. Short-term lets or pop-ups may be available in some areas.
Do I need planning permission to open a restaurant?
Yes, the premises must have the correct planning use class. Restaurants typically fall under Use Class E (formerly A3). If the premises does not have the correct use, you may need to apply for a change of use through the local council.
What licences do I need to operate a restaurant?
You will need a premises licence if you plan to serve alcohol, play music, or trade late. A food business registration with the local authority is also required before opening.
Are business rates included in the rent?
Usually not. Business rates are typically paid separately by the tenant. However, some landlords may offer rent packages that include rates or service charges. Always confirm what's included.
What is key money and is it common?
Key money is an upfront payment for securing a sought-after lease, often in high-demand areas. It can include fixtures, fittings, goodwill, or lease assignment value. It's more common in established restaurant areas like London or city centres.
Can I take over an existing restaurant?
Yes. Many restaurant premises are offered as lease assignments or with existing fit-outs. This can save on setup costs, but make sure to review existing equipment, licences, and obligations under the lease.
What should I check in the lease agreement?
Check repair obligations, permitted use, rent reviews, service charges, signage rights, and whether you can make alterations. Always seek advice from a solicitor familiar with commercial leases.
Can I renovate or fit out the restaurant space?
Generally yes, but you’ll need the landlord’s written consent for significant changes. Some premises come with a ready-to-use fit-out, while others are let as a blank shell.
How much does it cost to rent a restaurant in Three Rivers?
Rental prices vary by area and size. Prime high street or city centre locations command higher rents, while fringe or suburban areas are more affordable. Additional costs include fit-out, licences, deposits, and business rates.
How do I find a restaurant to rent in Three Rivers?
Search on LoopNet, and contact agents who specialise in hospitality and leisure property.

Find More Restaurants to Rent in and Near to Three Rivers on LoopNet

Three Rivers (Watford) Restaurant Rental Market Summary

Key rental metrics for Restaurants in Three Rivers (Watford) and comparable markets. This snapshot combines rental rates and typical space sizes to provide a comprehensive view of the rental market.

Market Avg Rent Per Sq Ft Typical Size
Watford £9 16,428 sq ft
Chalfont St Giles £22 1,873 sq ft
Hemel Hempstead £12 1,735 sq ft
Radlett £18 1,250 sq ft
Harrow £29 1,315 sq ft

Rent Analysis for Three Rivers (Watford) Area

Compare rental rates per square foot across cities near Three Rivers (Watford). These rates help establish market benchmarks and identify opportunities for tenants and landlords in the commercial rental market.

City Min Rent Per Sq Ft Avg Rent Per Sq Ft Max Rent Per Sq Ft
Watford £6 £9 £12
Chalfont St Giles £22 £22 £22
Hemel Hempstead £10 £12 £15
Radlett £18 £18 £18
Harrow £26 £29 £36

Available Restaurant Sizes Near Three Rivers (Watford)

Overview of Restaurant sizes currently available in the Three Rivers (Watford) area. Understanding the typical size range helps narrow your search based on space requirements and operational needs.

City Smallest Space Typical Size Largest Space
Watford 3,000 sq ft 16,428 sq ft 42,571 sq ft
Chalfont St Giles 1,873 sq ft 1,873 sq ft 1,873 sq ft
Hemel Hempstead 1,192 sq ft 1,735 sq ft 2,277 sq ft
Radlett 1,250 sq ft 1,250 sq ft 1,250 sq ft
Harrow 473 sq ft 1,315 sq ft 2,710 sq ft

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