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£250,000

Watling Street, Radlett, WD7

  • 5 beds
Other

£250,000

  • 5 beds
Other
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Estimate monthly mortgage payment:

£1,141 per month

Minimum deposit amount:

£12,500
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Commercial Leasehold Property for Sale in Radlett, WD7: Prime Business Opportunity with Thriving Business and Residential Apartments on lease.

Restaurant:
- Space: Spread over three commercial units
- Type: Italian Restaurant
- Seating Capacity: Over 120 guests
- Established: Long standing business with a loyal customer base
- Features: Modern interior, fully equipped kitchen, bar area, bathrooms and storage facilities
- Hygiene Rating - 5 Stars

PREMIUM: ?250,000 including fixtures and fittings
RATES: ?33,000 (?25,000 government discount) Payable Rates ?8,000
LEASE: TBC on new 15 year lease
RENT: approx ?80,000pa TBC.

Residential Apartments:
Two Bedroom Apartment & Three Bedroom Apartment
- Potential Use: Staff residence, rental income, or short term rental - currently achieving ?30,000pa with internal staff
- Floor plans available on request

Property Highlights:
- Prime location in the desirable Radlett area
- High foot traffic and excellent visibility
- Long standing and successful Italian restaurant business included in the sale
- Two modern residential apartments with strong rental potential
- Versatile investment with multiple revenue streams
- Well maintained property with high quality finishes throughout
- Hygiene Rating - 5 Stars

Location Benefits:
- Excellent transport links, close to Radlett train station
- Proximity to local amenities, shops, and schools
- Vibrant community with a strong local economy
- Easy access to major roads and motorways

** FURTHER DETAILS UPON REQUEST **

**Don`t miss out on this exceptional investment opportunity in Radlett. Secure your future with this profitable and versatile property today!**

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Council Tax
Hertsmere, To Be Confirmed

Utilities
Electric: Mains Supply
Gas: Mains Supply
Water: Mains Supply
Sewerage: Mains Supply
Broadband: Cable
Telephone: Landline

Other Items
Heating: Gas Central Heating
Garden/Outside Space: No
Parking: No
Garage: No
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Mortgage and legal costs:
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