- Freehold Unit : Business unaffected
- Shop + 3 bedroom Flat
- Long Lease on Shop (rental income)
- AST income on Flat with potential to increase
Not Specified for sale in Watford
For Sale: Ground Floor Commercial with a 3-bedroom Residential Flat Above
Location: Queens Road, Watford, WD17 2LA
Filey Properties are delighted to present an excellent investment opportunity to the market.
This mixed-use property currently generating a combined rental income of up to £31,560 pa from both the ground floor Commercial and Residential Flat above. Situated in a desirable location by Atria Watford, the property is in close proximity to local amenities, transport links, and is within easy reach of Retail and Leisure facilities.
Leased Ground Floor Unit: Business unaffected
The ground floor commercial, which has a recently renewed interior, possesses a beautiful frontage, generous kitchen with a downstairs basement for stock.
First Floor Flat: 3 bedroom
The 3-bedroom Flat above is well-sized with 2 bedrooms on first floor and 1 bedroom in a loft conversion, has the potential to be rented room by room as studios with HMO. Property offers a private, separated access for the occupiers and brings in a high yield opportunity with strong returns relative to the asking price.
Rental Income Breakdown:
Shop - £1500 pcm / £18,000 pa (15-year lease, recently agreed)
Residential Flat - £1,380 pcm / £13,560 pa
Combined - £31,560, with Potential to Increase
Don’t Miss Out on This Investment Opportunity.
Contact Us Today on to arrange a viewing right away!
Important Information
- This is a Freehold property.
Property Ref: fps01439
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Filey Properties (Enfield)
78 Lancaster Road, Enfield, London, EN2 0BZ
0203 231 4081
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