Unit 56 Atria Watford, Watford Unit 56 Atria Watford, Watford, WD17 2TF

This Property is Currently 'Under Offer'
Unit 56 Atria Watford, Watford, Watford - Picture 2021-12-17-11-27-03
Use Class

Use Class

E

Size

Size

2,640 sq ft

Rent pa

Rent pa

POA

The subject unit is located on the Lower Mall of the scheme, positioned between Boots and Zara. Other nearby retailers include Joe & The Juice, Fat Face and WH Smith. This location benefits from being adjacent to the pedestrian staircase link to the High Street.

Atria Watford is located at the heart of the Town Centre, the shopping centre comprises 1.4 million sq.ft of retail and leisure accommodation. The scheme attracts shoppers from the affluent Home Counties with 83% categorised as ABC1. Key retailers include, M&S, Zara, H&M, Apple, Next, Primark, MAC and Kurt Geiger, Recent new lettings include, Next Beauty & Home, Footlocker, Puttshack and Boom Battle Bar. The extension has broadened the leisure offer with a 9 screen Cinewold IMAX, Rock Up, Hollywood Bowl, The Florist, Cote, Yo! Sushi and TGI’s.

Key Information

Viewing

Strictly by appointment.

Accommodation

2,640 Sq.Ft

Areas
Sq.Ft
Sq.M
Ground floor
2,640
245

Financial

Lease Type

New Lease

Lease Term

The unit is available by way of a new lease for a term of years to be agreed. The lease will include provisions for a service charge making it effectively full repairing and insuring.

Rent

Rental offers are invited upon application per annum exclusive of service charge, insurance, rates and VAT, payable quarterly in advance. Leases at Atria Watford are structured on a Base + Turnover arrangement. The rent payable will be the greater of the Base rent or an agreed percentage of gross turnover excluding VAT.

Rates

The VOA website shows that the new Rateable Value from April 2023 will be £35,000. For rates payable please refer to the Local Charging Authority, Watford Borough Council - 01923 278187.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Service charge

The estimated annual service charge is £35,366.30 pa.

Tenure

Leasehold

Sustainability

Full report available on request.

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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This was last updated on 04/12/2023