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£24,000 Per Year 

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Watling Street, Radlett

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Agent details

Martyn Gerrard Estate Agents

66-68 High Road, EAST FINCHLEY, N2 9PN
Tel: 0844 387 0108

Member of: ARLA ICBA NAEA
Interested in this property?

Property Information


Status: Available
Furnishings: Unspecified
Available: Now
Deposit: Unspecified
Price: £24,000 Per Year

Key features


  • STOCK ROOM OF 4.9M2 (53FT2) AND A FURTHER STAFF ADMINISTRATION AREA OF 7M2 (76FT2) APPROX.
  • MAIN BODY OF THE SHOP COMPRISES AN AREA OF 57.7M2 (622 FT2).
  • BASEMENT AREA OF 19.5M2 (210 FT2)
  • UPPER PART - TWO FLATS
  • ASSIGNMENT OF CURRENT 12 YEAR LEASE WITH 4 YEARLY RENT REVIEWS (COMMENCEMENT DATE NOVEMBER 2003)

Full description


LOCATION: Situated in a mix use shopping parade, this unit benefits from close proximity to a number of multiples such as Tescos, Clinton Cards and Barclays Bank as well as a number of smaller boutique style outlets.

The unit has as its nearest public transport link, Radlett over ground train station and benefits from ease of access to Borehamwood, St Albans, Aldenham and surrounding areas.

DESCRIPTION: This premise is currently arranged as a ground floor A1 hairdressing business, basement area and first floor flat.

Ground floor lock up shop benefits from a shop frontage of 5.3M (17Ft 8) with a total shop build depth of 11.4M (37Ft 6) approx. The unit is currently arranged as a predominantly open plan area with a stock room of 4.9M2 (53Ft2) and a further staff administration area of 7M2 (76Ft2) approx.

Main body of the shop comprises an area of 57.7M2 (622 Ft2).
Basement Accessed from a stairwell in the main body of the shop is the lower ground floor or basement of this premises which comprise a total area of 19.5M2 (210 Ft2) has a further WC and I am informed is currently utilised as storage.

Upper Part The upper part of these premises is arranged as two flats, the first floor being a one bedroom flat let at 225 per week on a 6 month AST currently being renewed.

The second floor comprises a studio flat currently producing an income of 110 per week on an AST letting, also currently being renewed.

TENURE: Assignment of current 12 year lease with 4 yearly rent reviews (commencement date November 2003)

RENT: 24,000 PAX

CONDITIONS: Ingoing tenant to be responsible for both parties reasonable legal costs

VIEWINGS: Strictly via the owner's agent, MARTYN GERRARD COMMERCIAL DEPARTMENT.

Please contact a member of our commercial team on 0208 444 3445.



Martyn Gerrard Commercial for themselves for Lessors, Vendors and their agents, give notice that:-
1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.
2. These details do not constitute any part of an offer or contract.
3. All statements or details contained within these particulars are without any responsibility on any part, to Martyn Gerrard Commercial.
4. All rent prices, fees and charges are quoted exclusive of VAT.
5. Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition.


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