watford wd17 2ub AWS

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CHARTER PLACE Redevelopment Opening Autumn 2018

83-87 HIGH STREET

IN

TO LET UNIT A

TU

TO LET UNIT B

W AT FO R

WATFORD WD17 2UB

D

JD SPORTS

TO LET UNIT D

TO LET UNIT C

RS

VE SA

EC

SP

E

AF

C O

ER N

NEW PRIME RETAIL DEVELOPMENT TO LET

2,938 sq ft – 20,375 sq ft on a flexible basis. lsh.co.uk

LOCATION Located in a prime trading position in the heart of Watford town centre close to a number of major multiple retailers including Marks & Spencer, Next, Lipsy, L`Occitane, Caffé Nero, JD Sports and Primark. The new Charter Place development is in close proximity which will create an exciting mixed retail and leisure extension to Intu Watford with pre-lets to Debenhams, H&M , New Look, and a variety of leisure occupiers including Byron, Las Iguanas, TGI, Hollywood Bowl and a 9 screen Cineworld.

DESCRIPTION New retail development to let comprising four prime units on the ground floor of the former BHS store. Two of these units will be fronting into Intu Watford (Lower Mall) with a further two units fronting the High Street. Our client may consider alternative subdivisions of the space subject to specific occupier requirements.

ACCOMMODATION

RATEABLE VALUE

UNIT

NIA (SQ FT)

UNIT A - Frontage to Lower Mall

5,124

UNIT B - Frontage to Lower Mall

4,251

UNIT C - Frontage to High Street

2,938

COSTS  

UNIT D - Frontage to High Street

11,000

 

Each party to be responsible for their own legal and surveyors costs incurred in the transaction.

TERMS

EPC

The units are available on new 10 or 15 year effectively FRI leases (by way of service charge) with 5 yearly upwards only rent reviews.

Available upon completion of the landlord works.

Please note the development has a separate service charge regime to Intu Watford.

TIMINGS

RENTS Upon application.

To be re-assessed. Interested parties are advised to make their own enquiries with Watford Borough Council.

Shell units will be available in Q2, 2018.

VIEWING For further information or to arrange a viewing, please contact sole agents Lambert Smith Hampton on:

SEAN PRIGMORE 0207 198 2238 [email protected] JONATHAN MOORE 0207 198 2187 [email protected]

DISCLAIMER: Lambert Smith Hampton (LSH) for themselves and for the vendors or lessors of the property whose agents they are give notice that, (i) these particulars are given without responsibility of LSH or the Vendors or Lessors as a general outline only, for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract; (ii) LSH cannot guarantee the accuracy of any description, dimension, references to condition, necessary permissions for use and occupation and other details contained herein and any prospective purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the accuracy of each of them; (iii) no employee of LSH has any authority to make or give any representation or enter into any contract whatsoever in relation to the property; (iv) VAT may be payable on the purchase price and / or rent, all figures are exclusive of VAT, intending purchasers or lessees must satisfy themselves as to the applicable VAT position, if necessary by taking appropriate professional advice; (v) LSH will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars. 10.17. © 2017 Wells Design Partnership | www.wells-design.co.uk