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137-197 Watling St
2,583 SF of Retail Space Available in Radlett WD7 7NQ
Highlights
- Prime location in the desirable Radlett area
- Excellent transport links, close to Radlett train station
- Easy access to major roads and motorways
- High foot traffic and excellent visibility
- Vibrant community with a strong local economy
- Proximity to local amenities, shops, and schools
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste 183 | 2,583 SF | 15 Years | $39.25 /SF/YR $3.27 /SF/MO $422.53 /m²/YR $35.21 /m²/MO $8,450 /MO $101,394 /YR | Fully Repairing & Insuring |
Ground, Ste 183
Commercial Property for Sale in Radlett, WD7: Prime Business Opportunity with Thriving Business and Residential Apartments on lease. A unique and lucrative commercial property in the heart of Radlett presents an exceptional business opportunity, the property comprises a well established triple fronted Italian restaurant with over 120 seats and two spacious residential apartments. Restaurant: - Space: Spread over three commercial units - Type: Italian Restaurant - Seating Capacity: Over 120 guests - Established: Long standing business with a loyal customer base - Features: Modern interior, fully equipped kitchen, bar area, bathrooms and storage facilities PREMIUM: £250,000 including fixtures and fittings RATES: £33,000 (£25,000 government discount) Payable Rates £8,000 LEASE: TBC on new 15 year lease RENT: approx. £80,000pa TBC. Residential Apartments: Two Bedroom Apartment & Three Bedroom Apartment - Potential Use: Staff residence, rental income, or short term rental - currently achieving £30,000pa with internal staff - Floor plans available on request ** FURTHER DETAILS UPON REQUEST ** **Don't miss out on this exceptional investment opportunity in Radlett. Secure your future with this profitable and versatile property today!**
- Use Class: E
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Long standing and successful Italian restaurant
- Versatile investment with multiple revenue streams
- Well maintained property, high quality finishes
- Two modern residential apartments, rent potential
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS FOR 137-197 Watling St , Radlett, HRT WD7 7NQ
| Property Type | Retail | Gross Leasable Area | 18,884 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1924 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 18,884 SF |
| Year Built | 1924 |
About the Property
A unique and lucrative commercial property in the heart of Radlett presents an exceptional business opportunity, the property comprises a well established triple fronted Italian restaurant with over 120 seats and two spacious residential apartments.
- Storage Space
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Ben Felfeli -
Nicolas Kyriacou
-
Phanos Chambi
-
Dino Mustafa
-
Charles Henry Peppiatt
Presented by
137-197 Watling St
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