Four Watford shops and restaurants have gone on sale in the last two weeks.
They offer a variety of opportunities, with some offered on vacant possession for a new business to move in, while others are on the market with their existing tenants.
If you're looking for a new investment in the town, read the full list below:
Oaklands Wines
The building at 35 and 35a Market Street is on the market for £875,000, offering a ground-floor shop with a 4 bedroom self contained flat above.
It is being sold as occupied, as the retail unit has been let to Oaklands Wines until January 27 2031, on a £25,000 yearly rent.
The apartment features a separate bathroom and kitchen, and is on an Assured Shorthold Tenancy for one year, costing £1,550 per month.
It is advertised as a potential development opportunity as the listing states it could be subdivided into smaller flats subject to planning permission.
Masquerade Fancy Dress
The 3,659 square foot site at 23 Langley Road has been listed for £1,100,000 with a retail unit, studio flat and a large car park.
The ground floor shop is currently leased to the Masquerade Fancy Dress, and as it will be sold with vacant possession, it is not clear what this means for the future of the costume shop.
Above the unit, the apartment features a studio room, separate kitchen and shower room, with separate access.
Masquerade Fancy Dress has been contacted for more information.
Former Andrea & Sons hairdressers
The building at 252 St Albans Road that was home to the Andrea & Sons hairdressers for 45 years is on the market for £700,000.
The 3,332 square foot site offers a large ground floor retail unit, three-bedroom flat and yard area.
The property is advertised as an “asset management opportunity” with planning permission approved for further homes.
- Five pubs in Watford and nearby towns looking for landlords
- Approval for eight homes at The Cat & Fiddle site in Radlett
Former Roots Caribbean restaurant
Two floors of a “unique” corner building at 94 to 96 Queens Road could be yours for £550,000.
Previously home to the Roots Caribbean eatery, the 1064 square foot ground floor restaurant and 786 square foot lower ground floor, comprising a bar and kitchen, are on sale.
The listing states it currently holds the licences to run it as a bar or restaurant, and that it is ideal for “small private parties”.
The estate agent has also raised the prospect of further development and suggested it could be turned into four studio flats subject to planning permission.
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