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For RentROA

24-26 Market Street, Watford

Retail , 3140 Sq Ft
Property type: Retail
Tenure: To Let
Size: 3140 Sq Ft
Rent: ROA
Location: 24-26 Market Street, Watford, WD18 0PD
Location

The property occupies a very prominent roadside position within the Town Centre at the junction of Market Street and Exchange Road, fronting the inner ring road, within the one way traffic system which also includes the pedestrianised High Street and the recently extended Intu Shopping Centre.

Nearby operators include Coral Bookmakers, ASK restaurant and an 80-bed Travelodge Hotel immediately opposite the property.

Both Watford High Street and Watford Junction Stations are within walking distance, providing frequent services to central London.

Accommodation

Comprises a Ground Floor shop with a net internal floor area of approximately 1,470 sq ft, with the benefit of a large glazed shop front, plus lower ground floor/basement of approximately 1,670 sq ft. Therefore a total net internal area of approximately 3,140 sq ft.

Amenities

- Recently refurbished
- Air Conditioning
- 2 W/C’s
- Kitchen
- Security shutters
- Basement glass partitioned meeting room

Terms

Assignment of the current lease which commenced 2 April 2015 for a term of 10 years expiring April 2025 with a rent review in April 2020. Alternatively the landlord may consider a new longer term lease.

Rent

£45,000 per annum exclusive, payable quarterly in advance.

Rates

Rateable Value - £26,000
Rates payable 2019/2020 - £12,766

VAT

We understand that VAT is not currently payable on the rent.
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