Blacks Brokers are proud to bring to the market this leasehold day nursery opportunity, to be located in the much sought-after area of Watford, Hertfordshire. Introduction
This is an empty unit within the Watford Community Centre new build. Location
Watford is a large and popular town in Hertfordshire, close to central London and inside the circumference of the M25 motorway. It is not to be confused with Watford, Northamptonshire. Positioned between West Watford and Holywell, this business proposition is close to local schools and amenities. Well linked with the A4145, M1, M25 and A41. Rickmansworth and Chorleywood also lie close by and the area is densely populated and very much sought-after. Reason for sale
This brand-new proposition is an opportunity to lease space purpose built for a day nursery or similar business in an incredible, new build property. Lease
A new 5 year lease will be negotiated with completion of this sale. The approximate cost of this will be £27,000 per annum and a 12 month up-front fee will be required on completion. Building layout and design
The business will be housed within the first floor of a superb, two storey, detached, new build property on Tolpits Lane. The overall size of the space allocated will be approximately 1,220 square feet which will include toilet and cloakroom facilities. Externally, the site will provide ample, free car parking. Staff
Not applicable. Financial details
On opening of a new business within this building after completion, business rates will be applicable and will fall under Community Centre Charitable Rates (square footage used by Nursery to be paid respectively) Fee to be confirmed. Service charged will be paid annually in advance and figures will be agreed on build completion. Summary
This leasehold proposition offers a most exciting and rare opportunity for either an existing nursery owner, or a new nursery business looking to set up in this area. The new build plans show an incredible space with superb facilities. Early meetings with our client are strongly advised and are welcomed, initially by telephone appointment. Business: £30,000.
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