Substantial Town Centre Mixed Use Investment Opportunity

Summary

• Located in Watford and situated in a prime corner position on Watford High Street.
• Substantial mixed use 26,989 sq ft block comprising four self contained retail / leisure units and 27 flats on the upper parts.
• Flats all let on ASTs.
• Commercial element let to established national multiples such as Paddy Power & Slug & Lettuce.
• Freehold.
• A purchase at this level reflects a net initial yield of 9% on the commercial element and a low capital value of £342 psf on the residential upper parts.