Former Rift & Co - Realla

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LICENSED | LEISURE | COMMERCIAL

Former Rift & Co

48-50 High Street, Watford, WD17 2BS

To Let - Leasehold Licensed Premises Rental Offers Invited Nil Premium Sole Letting Agents



Large ground floor bar/restaurant premises with first floor trade area and ancillary accommodation on the second floor



The premises has a ground floor Gross Internal Area of approximately 4,600 square feet and a total Gross Internal Area of approximately 9,500 square feet



Located opposite the former Charter Place Shopping centre site which is undergoing a £100m redevelopment by Intu Watford



Available by way of a new sublease on terms to be agreed

0207 557 7844 5 Garrick Street, Covent Garden, London, WC2E 9AR [email protected] www.jamesabaker.co.uk

To Let - Leasehold Licensed Premises Rental Offers Invited Nil Premium Sole Letting Agents

Former Rift & Co

48-50 High Street, Watford, WD17 2BS

Location Watford is a large town and borough in Hertfordshire located 17 miles north west of central London. The town has a population of around 98,000 residents. The property is situated in a prominent position on Watford High Street opposite the former Charter Place shopping centre. Intu Watford are investing £100 million into the redevelopment of the scheme to provide 400,000 sqft of accommodation which has been reported will increase the footfall to around 15 million visitors per year. The development will include 10 restaurants, a leisure attraction and a 9 Screen IMAX cinema. Nearby occupiers include J D Wetherspoon, Starbucks, Pret A Manger and Five Guys (due to open in June 2016). Accommodation Former Rift & Co is a three storey mid-terraced property of brick construction. The internal trading areas are split over the ground and first floor. The ground floor comprises a servery and several bar/lounge areas accommodating circa 70 covers and a dance floor. The first floor comprises of a bar servery and informal seating for circa 35 covers. Ancillary areas include a beer store, customer WC’s, catering kitchen and an office/store room. Externally there is a good sized rear trade garden with a covered smoking area. The Gross Internal Area of the property is approximately; Floor Ground First Second Total

Square Feet 4,600 4,400 500 9,500

The Former Rift & Co presents an excellent opportunity to acquire a leasehold licensed bar/restaurant premises on Watford High Street and will be of interest to national and regional operators.

0207 557 7844 5 Garrick Street, Covent Garden, London, WC2E 9AR [email protected] www.jamesabaker.co.uk

To Let - Leasehold Licensed Premises Rental Offers Invited Nil Premium Sole Letting Agents

Former Rift & Co

48-50 High Street, Watford, WD17 2BS General Information

Rating The current Rateable Value is assessed at £127,000. Licences It is understood that the property currently possesses a Premises Licence. The licensing hours are: Thursday – Monday 08:00 – 02:00 / Tuesday – Wednesday 08:00 – 01:00. Services It is understood that all mains services are connected. Trading The premises are currently closed. Tenure The property is available by way of a new sublease for a term until 26 November 2025 at a rent to be agreed. Fixtures and Fittings The majority of the loose trade fixtures and fittings have been removed. Any branded or leased items, beer raising equipment and items owned by third parties are excluded. Energy Performance Certificate An EPC has been requested. VAT VAT will be applicable.

0207 557 7844 5 Garrick Street, Covent Garden, London, WC2E 9AR [email protected] www.jamesabaker.co.uk

Former Rift & Co

48-50 High Street, Watford, WD17 2BS

To Let - Leasehold Licensed Premises Rental Offers Invited Nil Premium Sole Letting Agents Agent Details For further details, please contact

Tom Baker Surveyor, London 07881 276885 [email protected]

William Baker Agency Surveyor, London 07719 987085 [email protected]

Disclaimer JAMES A BAKER for themselves and for the vendors of this property, whose agents they are, give notice that: 1. The particulars are set out as a general outline only for the guidance of intended purchasers and do not constitute part of an offer or contract. 2. Descriptions, dimensions, plans, reference to condition and planning permission for use and occupation and other details are given without responsibility and intending purchasers should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each item. 3. It is emphasized that in these particulars of sale, items of furniture, fixtures, fittings and equipment mentioned are for descriptive purposes only and do not necessarily form part of the trade inventory referred to above. 4. No person in the employment of James A Baker has any authority to make or give representation or warranty whatsoever in relation to this property. www.jamesabaker.co.uk

0207 557 7844 5 Garrick Street, Covent Garden, London, WC2E 9AR [email protected] www.jamesabaker.co.uk Viney Ltd Reg No 04515765. Registered in England and Wales. Registered Office: 30 Gay Street, Bath, BA1 2PA. VAT Reg No 752840133