Property unavailable This property advert is no longer active. It is possible that the same property has been re-advertised under a separate listing, click below to view any replacement or similar listings. Show similar properties Please note we do not have names or contact details of anyone currently occupying this building we are also unable to provide details of the agents that posted the original advert with us. If you are the owner of the building and would like to re-post this advert please email renewals@novaloca.com If you would like to know if this, or any similar property comes back or on to the market please click here to get updates by email. Street view Retail / Motor Showroom Premises, 254-256 Watford Way, Hendon, NW4 4UJ 2,000 to 2,585 Sq Ft / Retail / Motor Trade - showroom Withdrawn - Last updated: 15 April 2025 Comprises a double shop unit which has been for many years used as a car showroom and has been fitted to an extremely high standard.Location The premises are situated in a very prominent position at the junction of the Watford Way (A41) and Greyhound Hill offering a high exposure to passing vehicles on this busy main road.Accommodation Frontage - 45’ 3 Maximum internal width - 41’ 2 narrowing to 17’ Shop depth - 68’ 6 Ground floor area - 2,000 sq ft approx In addition, 10 – 15 car spaces are available in a basement car park in an adjoining building for sale or to let.Terms LEASE - A new full repairing and insuring lease to be granted for a term by arrangement subject to upward only rent reviews at 5 yearly intervals if applicable. RENT Shop only: £45,000 per annum exclusive. Car parking: £25,000 per annum exclusive. Alternatively TENURE - Freehold for sale with vacant possession of the double shop. The residential upper part comprises 2 x studio flats and 1x 2 bed flat let on ASTs producing a total income of £52,800 per annum. PRICE - £1,500,000 The basement car park is held on a long lease with 94 years remaining and is available to purchase for £200,000. RATES - Obtained from the www.voa.gov.uk website the showroom premises has a rateable value of £31,500 with rates payable for 2024/2025 are £15,718 per annum. Retail, hospitality and leisure uses currently are legible for rates relief of 75%. Interested parties should confirm annual rates payable with the Rating Authority. EPC - To be confirmed. LEGAL COSTS - Each party to be responsible for their own costs incurred. Specification Large skylight Tiled flooring Sodium & spot lighting Air conditioning Rear electric roller door leading to service road Next Steps Contact an agent now The 'Contact agents' section contains agent phone number and a contact form. You can also request a viewing from here. Contact agent View similar properties View a list of similar properties in this postcode. You can also use the search filter at the top of the page to refine your search criteria. Show similar properties Send me updates To get regular updates about similar properties that match your search please register your email address. Get email updates Add to my shortlist Add this property to your shortlist. Just provide your name and email address so you can access these at a later date. Add to watchlist