Property photos
Just added
Leasehold
Guide price
£650,000
Leisure/hospitality for sale
Queens Road, Watford WD17Local area information
Property location
Nearby amenities
- Central Primary School 0.2 miles
- Watford St John's Church of England Primary School 0.2 miles
- Watford Junction 0.4 miles
- Watford High Street 0.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Watford to find out more about the local area.
Features and description
- Leasehold
Warren Anthony Commercial are delighted to bring to the market the lower two floors of this unique period corner building comprising currently a vacant ground floor bar/restaurant with lower ground floor with the latter it having its own bar, kitchen and separate access and ideal for small private parties etc.
Ground Floor 1064 sq ft approx.
Lower Ground Floor 786 sq ft approx.
Total Floor Area 1850 sq ft approx.
The property it has we understand a very long history of being run as a bar, restaurant and nightclub and offered also currently with the benefit of various licences necessary to operate accordingly these having already been granted with scope for much potential as well as possible planning for conversion into 4 x studio flats subject to permission.
Located on Queens Road within close proximity of both the town centre and Watford Junction Mainline Rail Station with easy access to the M1 and M25 motorways also.
Lease originally 999 years unexpired from 25/12/2013 with 979 years approx. Remaining including ground rent of 1 peppercorn per annum with guide price of £550,000 subject to contract.
EPC rating D with Council Tax tbc.
Warren Anthony Commercial are delighted to bring to the market the lower two floors (ground and lower ground floor/basement) of this unique period corner building comprising currently a ground floor bar and restaurant and record shop with separate self-contained lower ground floor/basement bar it having not only its own bar and kitchen but separate street access also and ideally suitable for its own private parties and events with live bands and adj.
Ground Floor 1064 square feet approx.
First Floor 786 square feet approx.
Total Floor Area 1850 square feet approx.
The property it has we understand a very long history of being used as a bar, nightclub and restaurant and offered currently also with the benefit of various existing licences necessary to operate still accordingly these having been granted with scope for not only only but much future potential as well as maybe possible planning for conversion into at least 4 x studio flats subject of course to obtaining the necessary planning permission.
Located on Queens Road within close proximity of not only Watford Town Centre with is many shops multiple and local, bars, coffee shops and restaurants as well as Watford Junction Mainline Railway Station also and easy access to both the M1 and M25 motorways nearby.
Lease originally 999 years unexpired from 25/12/2013 with just over 987 years approx. Remaining including a peppercorn ground rent per annum with a guide price of £650000 subject to contract.
Alternatively, available by way of a new full repairing and insuring lease for a term to be agreed, say 5/10 years or longer subject to periodic upward only rent reviews and/or break clause(s) at a rental of £3000 per calendar month / equivalent to £36000 per annum exclusive of all outgoings and a premium of £30000 subject to contract for the benefit of the lease, business and fixtures and fittings.
Turnover we understand to be currently with an average of £5000 gross per week up to a maximum of £10000 per week to include weekends but with with much further scope for future potential with the current operators/tenant having for personal reasons only now decided to leave.
EPC with we understand a current rating of D with Council Tax to be confirmed.
VAT payable if applicable.
A non-refundable deposit in the sum of £3000 payable to Warren Anthony Estate Agents this to be paid on the agreement of terms and will be be paid as a one off payment and separate from all other payment subsequently made for either the rent and/or premium/price or both subject to contract.
Legal Costs with each party to be responsible for the payment of their own legal costs incurred in this transaction.
Viewing strictly by prior appointment only through Sole Selling/Letting Agent Warren Anthony Commercial on option 3
Warren Anthony Commercial are delighted to bring to the market the lower two floors (ground and lower ground floor/basement) of this unique period corner building comprising currently a ground floor bar and restaurant and record shop with separate self-contained lower ground floor/basement bar it having not only its own bar and kitchen but separate street access also and ideally suitable for its own private parties and events with live bands and adj. Ground Floor 1064 square feet approx. First Floor 786 square feet approx. Total Floor Area 1850 square feet approx.
The property it has we understand a very long history of being used as a bar, nightclub and restaurant and offered currently also with the benefit of various existing licences necessary to operate still accordingly these having been granted with scope for not only only but much future potential as well as maybe possible planning for conversion into at least 4 x studio flats subject of course to obtaining the necessary planning permission.
Located on Queens Road within close proximity of not only Watford Town Centre with is many shops multiple and local, bars, coffee shops and restaurants as well as Watford Junction Mainline Railway Station also and easy access to both the M1 and M25 motorways nearby.
Lease originally 999 years unexpired from 25/12/2013 with just over 987 years approx. Remaining including a peppercorn ground rent per annum with a guide price of £650000 subject to contract.
Alternatively, available by way of a new full repairing and insuring lease for a term to be agreed, say 5/10 years or longer subject to periodic upward only rent reviews and/or break clause(s) at a rental of £3000 per calendar month / equivalent to £36000 per annum exclusive of all outgoings and a premium of £30000 subject to contract for the benefit of the lease, business and fixtures and fittings.
Turnover we understand to be currently with an average of £5000 gross per week up to a maximum of £10000 per week to include weekends but with with much further scope for future potential with the current operators/tenant having for personal reasons only now decided to leave.
EPC with we understand a current rating of D with Council Tax to be confirmed.
VAT payable if applicable.
A non-refundable deposit in the sum of £3000 payable to Warren Anthony Estate Agents this to be paid on the agreement of terms and will be be paid as a one off payment and separate from all other payment subsequently made for either the rent and/or premium/price or both subject to contract.
Legal Costs with each party to be responsible for the payment of their own legal costs incurred in this transaction.
Viewing strictly by prior appointment only through Sole Selling/Letting Agent Warren Anthony Commercial on option 3
Ground Floor 1064 sq ft approx.
Lower Ground Floor 786 sq ft approx.
Total Floor Area 1850 sq ft approx.
The property it has we understand a very long history of being run as a bar, restaurant and nightclub and offered also currently with the benefit of various licences necessary to operate accordingly these having already been granted with scope for much potential as well as possible planning for conversion into 4 x studio flats subject to permission.
Located on Queens Road within close proximity of both the town centre and Watford Junction Mainline Rail Station with easy access to the M1 and M25 motorways also.
Lease originally 999 years unexpired from 25/12/2013 with 979 years approx. Remaining including ground rent of 1 peppercorn per annum with guide price of £550,000 subject to contract.
EPC rating D with Council Tax tbc.
Warren Anthony Commercial are delighted to bring to the market the lower two floors (ground and lower ground floor/basement) of this unique period corner building comprising currently a ground floor bar and restaurant and record shop with separate self-contained lower ground floor/basement bar it having not only its own bar and kitchen but separate street access also and ideally suitable for its own private parties and events with live bands and adj.
Ground Floor 1064 square feet approx.
First Floor 786 square feet approx.
Total Floor Area 1850 square feet approx.
The property it has we understand a very long history of being used as a bar, nightclub and restaurant and offered currently also with the benefit of various existing licences necessary to operate still accordingly these having been granted with scope for not only only but much future potential as well as maybe possible planning for conversion into at least 4 x studio flats subject of course to obtaining the necessary planning permission.
Located on Queens Road within close proximity of not only Watford Town Centre with is many shops multiple and local, bars, coffee shops and restaurants as well as Watford Junction Mainline Railway Station also and easy access to both the M1 and M25 motorways nearby.
Lease originally 999 years unexpired from 25/12/2013 with just over 987 years approx. Remaining including a peppercorn ground rent per annum with a guide price of £650000 subject to contract.
Alternatively, available by way of a new full repairing and insuring lease for a term to be agreed, say 5/10 years or longer subject to periodic upward only rent reviews and/or break clause(s) at a rental of £3000 per calendar month / equivalent to £36000 per annum exclusive of all outgoings and a premium of £30000 subject to contract for the benefit of the lease, business and fixtures and fittings.
Turnover we understand to be currently with an average of £5000 gross per week up to a maximum of £10000 per week to include weekends but with with much further scope for future potential with the current operators/tenant having for personal reasons only now decided to leave.
EPC with we understand a current rating of D with Council Tax to be confirmed.
VAT payable if applicable.
A non-refundable deposit in the sum of £3000 payable to Warren Anthony Estate Agents this to be paid on the agreement of terms and will be be paid as a one off payment and separate from all other payment subsequently made for either the rent and/or premium/price or both subject to contract.
Legal Costs with each party to be responsible for the payment of their own legal costs incurred in this transaction.
Viewing strictly by prior appointment only through Sole Selling/Letting Agent Warren Anthony Commercial on option 3
Warren Anthony Commercial are delighted to bring to the market the lower two floors (ground and lower ground floor/basement) of this unique period corner building comprising currently a ground floor bar and restaurant and record shop with separate self-contained lower ground floor/basement bar it having not only its own bar and kitchen but separate street access also and ideally suitable for its own private parties and events with live bands and adj. Ground Floor 1064 square feet approx. First Floor 786 square feet approx. Total Floor Area 1850 square feet approx.
The property it has we understand a very long history of being used as a bar, nightclub and restaurant and offered currently also with the benefit of various existing licences necessary to operate still accordingly these having been granted with scope for not only only but much future potential as well as maybe possible planning for conversion into at least 4 x studio flats subject of course to obtaining the necessary planning permission.
Located on Queens Road within close proximity of not only Watford Town Centre with is many shops multiple and local, bars, coffee shops and restaurants as well as Watford Junction Mainline Railway Station also and easy access to both the M1 and M25 motorways nearby.
Lease originally 999 years unexpired from 25/12/2013 with just over 987 years approx. Remaining including a peppercorn ground rent per annum with a guide price of £650000 subject to contract.
Alternatively, available by way of a new full repairing and insuring lease for a term to be agreed, say 5/10 years or longer subject to periodic upward only rent reviews and/or break clause(s) at a rental of £3000 per calendar month / equivalent to £36000 per annum exclusive of all outgoings and a premium of £30000 subject to contract for the benefit of the lease, business and fixtures and fittings.
Turnover we understand to be currently with an average of £5000 gross per week up to a maximum of £10000 per week to include weekends but with with much further scope for future potential with the current operators/tenant having for personal reasons only now decided to leave.
EPC with we understand a current rating of D with Council Tax to be confirmed.
VAT payable if applicable.
A non-refundable deposit in the sum of £3000 payable to Warren Anthony Estate Agents this to be paid on the agreement of terms and will be be paid as a one off payment and separate from all other payment subsequently made for either the rent and/or premium/price or both subject to contract.
Legal Costs with each party to be responsible for the payment of their own legal costs incurred in this transaction.
Viewing strictly by prior appointment only through Sole Selling/Letting Agent Warren Anthony Commercial on option 3
More information
Listed by
Warren Anthony
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