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142 London Rd 1,798 SF of Retail Space Available in Radlett WD7 9BT
Highlights
- Extensive basement storage and private rear yard.
- Prominent position on London Road in the village of Shenley.
- Covered outdoor seating and on-site parking.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,798 SF | Negotiable | $57.39 CAD/SF/YR $4.78 CAD/SF/MO $103,193 CAD/YR $8,599 CAD/MO | Fully Repairing & Insuring |
Ground
An attractive mixed-use investment comprising a ground floor restaurant with extensive basement storage and a recently refurbished two-bedroom flat above. The property is traditionally built, double glazed, and not listed. The restaurant is high quality, offering 30+ covers, a bar area, fully equipped kitchen, WC facilities, air conditioning, CCTV, and a fire alarm system. Externally, there is covered front seating, on-site parking, a bin store, and a private rear yard. The large basement provides excellent dry storage. The first-floor flat includes two bedrooms and comfortable living space, accessed via the restaurant and suitable for owner occupation, management, or staff accommodation. It is heated electrically and recently refurbished. The rear yard is believed to have planning permission for parking, subject to verification.
- Use Class: A3
- Space is in Excellent Condition
- Anchor Space
- Central Air and Heating
- Private Restrooms
- Security System
- Closed Circuit Television Monitoring (CCTV)
- High Ceilings
- Secure Storage
- Basement
- Common Parts WC Facilities
- Hardwood Floors
- Display Window
- Smoke Detector
- Well-equipped restaurant
- outdoor seating
- on-site parking.
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
Property Facts
| Total Space Available | 1,798 SF | Gross Leasable Area | 2,966 SF |
| Property Type | Retail | Year Built | 1950 |
| Property Subtype | Restaurant |
| Total Space Available | 1,798 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 2,966 SF |
| Year Built | 1950 |
About the Property
The property comprises a mixed-use building extending to approximately 2,960 sq ft, arranged as a ground floor restaurant with basement storage and a two-bedroom residential flat above. The restaurant benefits from a fitted kitchen, bar area, customer seating, air conditioning, CCTV, fire alarm system, WC facilities, and covered outdoor seating. Additional features include on-site parking, a rear yard, bin storage, and substantial basement storage accommodation. The residential flat has been recently refurbished and is suitable for owner occupation or staff accommodation. The property is available freehold with an asking price of £750,000 and is also offered to let at a quoting rent of £55,000 per annum.
Presented by
142 London Rd
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