Development land for sale - Land At Wellstones, Watford, WD17 2AF
Land At Wellstones, Watford, WD17 2AF
Price
£4,250,000
Tenure
freehold
Listed
1 month ago
Property Description
The site extends to 0.57 acres and is L-shaped. It is covered in hardstanding and is currently used as a pay-and-display car park. It is bound by a surface car park and mixed-use properties fronting Market Street to the south and Watford Telephone Exchange to the north. Exchange Road (A411) is to the west and Wellstones to the east. Access is taken from Wellstones.
The site is let to Good Value Parking Ltd for a term expiring on 11 October 2027 at a rent of £90,000 p.a. The lease can be terminated on 3 months notice.