Sui Generis space suitable for a variety of town centre uses, including offices, leisure, co-living, self-storage, educational, places of worship, owner-occupiers or leasing.
• Centrally located in Watford Town Centre, less than a mile from both Watford Junction (Overground) and Watford (Metropolitan line) Underground stations.
• Watford is undergoing revitalisation of the town centre through adoption of a Watford Town Centre Strategic Framework Plan – within which the subject property opportunity “to positively sculpt the character of Watford”.
• The building is arranged over basement, ground and two upper floors and presents as a former nightclub (Sui Generis) with corner frontage to High Street.
• The premises benefit from voluminous open areas with excellent floor to ceiling heights throughout.
• Total GIA 45,616 sq ft.
• VAT is applicable.
• Unconditional offers sought on a freehold or leasehold basis.
Occupational Leasehold
Rent & terms on a new lease basis upon application.
Guide Price
We are instructed to guide £4,000,000 (Four Million Pounds) subject to contract. This equates to a very low capital value of £87 psf, significantly below replacement cost.
