Investment.

Watford.

Gade House

Map View

Status.

Under Offer

Accommodation.

Mixed Use Block 102,335 sq ft 9,510.69 sq m

Price.

£8,500,000 (Subject to Contract and Exclusive VAT)

Location.

Watford is a key commercial and retail centre in Hertfordshire and part of Greater London. It sits around 19 miles northwest of Central London, approximately 6 miles south of Hemel Hempstead, 9 miles southwest of St Albans, and about 20 minutes north of Harrow.

The town benefits from excellent road connectivity. The M1 (Junctions5 and 6) and M25 (Junctions 19 and 20) are both nearby, offering convenient access to Greater London, the Midlands, and the wider South East. In addition, the A41 dual carriageway links Watford with important surrounding locations such as Hemel Hempstead, Aylesbury, and Central London.

Rail connections are equally strong. Watford Junction station, situated just half a mile from the town centre, provides frequent direct services to London Euston with journey times of around 16 minutes. It also offers direct routes to Milton Keynes, Birmingham, and the wider West Midlands.

Watford High Street station further enhances connectivity, with Overground and Underground services into London. The Metropolitan line provides regular direct services to Baker Street (approximately 45minutes), King’s Cross St Pancras (around 55 minutes), and Liverpool Street (about 65 minutes).

The subject property is situated at the northern end of the high street with extensive frontage onto The Parade. Nearby occupiers include B&M, Santander, Superdrug and Greggs.

Description.

The property occupies a prominent and highly visible position on The Parade in central Watford. The property forms an island site totalling102,334 sq ft. The property consists of three ground floor retail and leisure units; a ground and lower ground floor supermarket; first and second floor gym and an events space across the first and second floors. A breakdown of the areas is shown in the tenancy schedule on page 8 of the attached brochure.

Rent.

£0.00 per annum exclusive

Tenure.

Freehold

Yield.

A net initial yield of 8.20%.

Share.

All viewings are strictly by prior appointment.

Jonny Gooch.

Associate Partner | Investment

Ed Smith.

Partner | Investment

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