Market Street, Watford

Ou Brother Cafe

Warren Anthony Commercial are delighted to bring to the market until recently trading as Our Brothers Cafe currently now vacant this ground floor restaurant and takeaway arranged over the ground floor only comprising some 94.25 square m / 1,014 square ft approx.

including staff toilets it occupies a prime location on Market Street close to the ring road, town centre and surrounded by a mix of mainly local traders to include barber shops, hairdressers, restaurants, cafes and The Market Tavern Public House within two doors away.

Also within close proximity of Watford High Street mainline railway station and near to the M1 and M25 motorways.

Available by way of an original 30 years full repairing and insuring lease from 2018 with 23 years approx.

remaining subject to 5 yearly upward only rent reviews {with next rent review in 2028) at a rent of £2,500.00 per calendar month/£30,000.00 per annum exclusive and premium of £85,000.00 subject to contract for the benefit of the lease and all fixtures and fittings at present in situ.

Alternatively, to be taken on a new full repairing and insuring lease for a term to be agreed at a rent of £3,500.00 per calendar month/£42,000.00 per annum exclusive subject to 5 yearly upward only rent reviews but to be compliant with the existing head lease the next rent review will be in just under 3 years approx.

thereafter 5 yearly plus rent deposit payable on completion and equivalent to 3 months rent equivalent to£10,500.00.

VAT whether payable to be confirmed.

Rateable Value currently £19,750 but subject to a future change from 01 April 2026 to £30,750.

Use E1 Cafe & Premises.

Legal Costs with both parties legal costs to be borne by the new ingoing tenant and/or buyer/purchaser.

EPC/Energy Performance Certificate available upon request.

Viewing by prior appointment only through Sole Agent Warren Anthony Commercial 01923 220012 option 3.