94-96 Queens Road, Hertfordshire, WD17 2LA

LOCATION

Located at the junction with The Broadway and Loates Lane in this mixed commercial and residential area close to the Central Ring Road/Beechen Grove as well as the Intu Shopping Centre and both Watford Junction and Watford High Street Mainline Railway Stations.

Watford lies about 20 miles approx. to the north-west of Central London with easy access via the M1 (Junction 5), M25 (Junction 19) and the A41.

DESCRIPTION

Warren Anthony Commercial are delighted to bring to the market this unique corner building comprising a ground floor bar/restaurant with basement it having its own bar, kitchen and separate access ideal for small private parties etc.

The property it has we understand a long history of being run as a bar, restaurant and nightclub. Also offered with a premises licence having been granted with scope for much potential.

ACCOMMODATION

Size

Ground Floor Restaurant Area - 911.7 sq ft / 84.7 sq m approx.

Basement Bar - 446.7 sq ft / 41.5 sq m approx.

Basement Store 1 - 104.41 sq ft / 9.7 sq m approx.

Basement Store 2 - 236.8 sq ft / 22 sq m approx.

Total - 1,669 sq ft / 157.9 sq m approx.

AMENITIES

To be confirmed.

SERVICES

To be confirmed.

TERMS

Long leasehold interest available by way of a lease for a term of 999 years from and including 25 December 2013 to and including 24 December 3012 at a rent of £40.00 per annum for which we are instructed to invite offers either to buy and/or rent.

Price with realistic offers considered of £450,000 subject to contract as a guide price for the long leasehold interest to include all fixtures and fittings if required. The bar, restaurant and basement areas have design features creating an alchemy of textures making the space unique and ripe for personalisation.

Alternatively, to rent on a new full repairing and insuring lease subject to periodic rent reviews and/or break clauses at a rental of £35,000 per annum exclusive.

OUTGOINGS

Business rates to include the possibility of any small business rates relief be confirmed. However, it is recommended that all interested parties make their own enquiries to the local rating authority at Watford Borough Council.

VAT

VAT if payable either to buy and/or rent to be confirmed.

LEGAL COSTS

To be confirmed.

SERVICE CHARGE

To be confirmed.

PARKING NOTES

None.

PLANNING

Use A4 (Drinking Establishment).

OTHER

Warren Anthony will charge a fee of £250 plus VAT for taking up references for any proposed tenant. This fee is non refundable after the references have been applied for whether they are accepted or not by the landlord.

A holding deposit will be required to secure the property. The deposit will buy a period of exclusivity and will be held in the Warren Anthony client account.

Any fixtures, fittings, equipment, machinery and plant which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition.

Warren Anthony for themselves for the Lessors, Vendors and their agents give notice that,

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.

2. These details do not constitute any part of an offer or contract.

3. All statements or details contained within these particulars are without any responsibility on any part to Warren Anthony.

4. All rent, prices, fees and charges are quoted exclusive of VAT.

VIEWING

Viewing through Warren Anthony Commercial by prior appointment only.