Current Instructions

Commercial Investment

The Parade, Watford WD17

Available
DESCRIPTION
  • To be sold at Allsop public auction on Wednesday 7th October 2026 unless sold prior.
  • Centrally located in Watford Town Centre, less than a mile from both Watford Junction (Overground) and Watford Underground (Metropolitan Line) stations.
  • The building occupies a prominent position on the pedestrianised high street, adjacent to newly opened ALDI and benefits from excellent frontage and signage opportunities.
  • Arranged over ground and two upper floors totalling 5,949 sq ft (GIA) of Sui Generis accommodation.
  • The wider site was allocated in the Local Plan for a mixed-use development with heights of up to 5 storeys proposed – suggesting two additional storeys could be possible subject to obtaining the necessary consents.
  • Freehold.
  • The property is elected for VAT.
PROPOSAL

Guide Price : £1,000,000
subject to contract

CAPITAL VALUE

£168 psf

Prime Positioned Vacant Commercial Building with Development Potential
Key features
To be sold at Allsop Public Auction on Wednesday 7th October 2026 unless sold prior
of interest to investors and residential developers
0.4 miles from Watford Station
Sui Generic accommodation over ground, first & second floors
5,949 sq ft
Mixed-use development potential for 2 storeys STPP
CONTACT THE TEAM
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