Commercial property for sale in Watford, England

Commercial development for sale

Commercial development for sale
For Sale
Watford, GB
The Parade, High Street, Watford, Hertfordshire, WD17
5 m²
commercial
2026-04-18

Price

€4,000,000

€800,000 / m²

Description

* Centrally located in Watford Town Centre, less than a mile from both Watford Junction (Overground) and Watford (Metropolitan line) Underground stations.
 
 * Watford has been undergoing significant urban regeneration to revitalise the town centre through adoption of a Watford Town Centre Strategic Framework Plan - within which the subject property is identified as presenting an opportunity "to positively sculpt the character of Watford".
 
 * Highly sought after location with strong occupational interest from a variety of national retailers.
 
 * The building is arranged over basement, ground and two upper floors and presents as a former
 nightclub (Sui Generis) with prominent high street and corner frontage to High Street.
 
 * The premises benefit from voluminous open areas with excellent floor to ceiling heights throughout.
 
 * Total NIA 47,334 sq ft / GIA 57,271 sq ft.
 
 * Full vacant possession due by 5th January 2024.
 
 * Freehold.
 
 * VAT is applicable.
 
 * Unconditional offers sought.
 
 * A full data room is available including surveys, indicative schemes and plans.
 
 We are instructed to guide £6,000,000 (Six Million Pounds) Subject to Contract.
 
 This equates to a very low capital value of £104 psf, significantly below replacement cost.

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Est. Monthly Payment

13,491.33

Commercial property for sale in Watford, England - N303800