
Lot 21 - Retail Investment Property
Address
340 St Albans Road, Watford, Hertfordshire WD24 6PQ, England
Auction date
16 Jul 2025
Guide price
£90,000
Type
Commercial
Tenure
Leasehold
EPC Rating
Unknown
Auctioneer
Barnett Ross
Description
This retail investment offers a gross yield of 11.1%. Situated on a bustling retail and commercial road, the property is ideal for attracting local and passing trade. The ground floor shop is part of a retail parade and benefits from the proximity to Watford North Station and the town centre.
- Ground Floor Shop with internal width of 8'10" widening to 10'1" at the rear
- Current lease to an Afro Caribbean Grocery Store at a rent of £10,000 per annum
- Long leasehold with a term of 999 years from May 2025
Last update: 29 Jun 2025