Leisure to let - Former Colombia Press, 72-74 The Parade, High Street, Watford, WD17 1AW
Former Colombia Press, High Street, Watford, WD17 1AW
Rent
£120,000 pa
Size
5,578 sq ft
Listed
1 month ago
Property Description
<strong>Description</strong><br>The Former Colombia Press comprises the ground and first floor of a larger two storey mid-terraced building under a flat roof. To the front elevation is an external trading area laid out to provide seating for approximately 48 customers.<br />
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Ground Floor: Trading accommodation with bar servery to the right with seating provided on booths and loose tables and chairs. To the rear is a disabled WC and ancillary storage.<br />
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First Floor: The first floor provides a beer cellar with heavy goods lift access, customer WC’s, manager’s office, trade kitchen with dumbwaiter access and ancillary storage.<br><br><strong>Tenure</strong><br>The premises are available by way of a sublease expiring on 31st May 2030 with rental offers invited. The sublease will be drafted outside of the security of tenure provisions of the Landlord & Tenant Act 1954. The annual service charge is payable on an ad hoc basis.<br><br><strong>Rateable Value & EPC</strong><br>2023 Rateable Value - £120,000<br />
EPC - C-51.<br><br><strong>Premises Licence</strong><br>The property benefits from a premises licence permitting the sale of alcohol until 02:00 on Mondays, until 00:00 Tuesday to Wednesday, until 02:00 Thursday to Saturday and until 00:00 on Sunday.<br><br><strong>Trading Information</strong><br>Historic trading information may be available to interested parties upon written request.<br><br><strong>Viewings & Terms</strong><br>The premises are currently closed so all parties wishing to view need to do so by prior appointment via the the joint selling agents Savills and CBRE. <br />
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Rental offers are invited for the benefit of a new sublease.<br />
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To see further available JD Wetherspoon Public Houses across England, Scotland and Wales please visit: jdwdisposals.co.uk<br><br>
Total annual occupancy cost
Estimate only — confirm exact figures with the agent.
Rent
£120,000
Total per year
£120,000
≈ £10,000 / month≈ £21.51 / sq ft / year
Agent hasn’t listed rates or service charge — ask them below.