219 Watling Street Radeltt Herts WD7 7AL

219 Watling Street Radlett Herts WD7  7AL

Ground Floor  – Restaurant /Cafe – Lease For Sale

*** PREMIUM REDUCED ***

Location:   Situated on busy local parade in heart of Radlett, close to Radlett mainline station and various shops and restaurants in Watling Street are located nearby.

Description:    A Ground floor restaurant/café premises, adjoining park area approx. 1,220 sqft (113sqm) previously trading as Daisy & Co, arranged as main seating area, with fully glazed conservatory to the side, kitchen, underfloor heating, with some outside seating to front, and fully boarded loft.

The conservatory and kitchen extension were built by existing tenants, fully fitted kitchen with extraction, and store area to rear.

Available by way of an assignment of existing lease expiring 2029 held inside the Landlord & tenant Act 1954. The last rent review was due on 14/11/24. This has been settled at £30,000pa

An early viewing is strongly advised.

Rent:                                             Passing rent  £30,000 pax (Rent review settled)

 Lease:                                          Lease assignment of existing lease expiring November 2029.

Business Rates:                       Rateable Value for 2024/25 is currently £32,500pa.

All interested parties should make their own enquiries either via Hertsmere Borough Council or via www.voa.gov.uk.

Premium:                                  Offers sought in region of £20,000 + VAT for fixtures, fittings and goodwill.

EPC:                                             C (53)  Rating valid until 15/4/34.

 Legal Costs:                             Each party to be responsible for their own legal costs.

Anti-Money Laundering: In accordance with revised Anti Money Laundering Regulations two forms of ID and confirmation of funds will be required by the successful applicant. This will apply to landlords/vendor and tenant/purchaser and any other party with a relationship with the property.

Viewing:                                       Strictly by appointment only through owners agents Grovelands  020 8731 9777 www.grovelands.net