359 Watling Street Radlett WD7 7LB

Location:   Situated on Watling Street Radlett on main High Street close to multiple shops and restaurants including Radlett Centre and Radlett Thameslink Station.

Description:  A rare opportunity to purchase a freehold investment in heart of Radlett Town Centre. The property comprises a mixed-use investment, currently fully let currently producing a total income of £53,340pa.

Commercial: Situated over ground and basement levels  approx. 1464 sqft over both floors, trading as a Dental Clinic at a passing rent of £36,000pax, held on a 15 year FR&I Lease from July 2018, with 5 year rent review pattern. There is a guarantor on the lease.

Residential:  A three bedroom maisonette, accessed from rear walkway, let on an AST at £17,340pa, approx. 839sqft.

Additional:     New Roof in 2025. Single garage to rear of property.

Floor plans available for shop premises.

An early viewing is strongly advised.

TERMS: 

Price:                             £950,000 Subject to Contract

Tenure:                         Freehold

Business Rates:         Rateable Value for 2025/26 is currently £26,000 pa

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

EPC:                               SHOP:  B Rating (44) valid until 06/06/28

                                        FLAT:  D Rating (78) valid until 19/12/26

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