Vicarage Road, Watford

Chai Green

Warren Anthony Commercial are delighted to bring to the market this well located shop/restaurant/takeaway currently trading as Chai Green situated on the pedestrianised part of Vicarage Road with good footfall leading to the town centre within about 5 minutes walking distance as as both the football ground and Watford General Hospital nearby.

The premises arranged over ground floor and basement it comprises on the ground floor a shop/restaurant/takeaway with counter and seating capacity currently for a minimum of 20 persons, WC and to the rear leading to a separate kitchen, washing up area and preparation facility as well as steps down to the basement storage.

Floor area Ground Floor 38.5 square metres/415 square feet approx.

Basement 21.9 square metres/235 square feet approx.

Total 60.4 square metres/650 square feet approx.

Lease available by way of a new full repairing and insuring 10 years lease from January 2025 with 3 yearly upward only rent reviews.

Rent £1,700.00 per calendar month/£20,400 per annum exclusive of all outgoings.

Premium of £110,000 subject to contract sought for the benefit of the lease, business as a going concern, all fixtures and fittings at present in situ and stock on completion at valuation.

Turnover currently we understand between £3,000-£4,000 per week.

Trading hours currently Monday-Sunday 9am-11pm.

Rateable value £6,100.00 Legal costs with each party to be responsible for the payment of their own legal costs incurred in any transaction.

EPC (Energy Performance Certificate) to be confirmed.

Deposit with a non-refundable deposit of £300.00 payable by the ingoing tenant/buyer payable on agreeing terms subject to contract payable to the selling Agent Warren Anthony Estate Agents (and does not form part of any other payment including the premium, rent and rent deposit) to which once received the premises will then be withdrawn from the market and legal formalities commenced.

Note the client/tenant looking to sell due to a change in personal circumstances but offers a thriving business with much potential to improve the already well established turnover and with the new football season having again just started.

Viewings strictly by prior appointment only through the sole agents Warren Anthony Commercial 01923 220012 option 3.

• Prime location on Vicarage Road
• Close to Watford town centre
• High footfall area
• Near Watford General Hospital
• 650 sq ft commercial space
• Pedestrianised street location
• Viewing highly recommended