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Existing Property |
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The Site The Site measures approximately 0.97 acres (0.39 hectares) and accommodates a multi-storey split level car park providing 481 spaces separated over five and part six storeys including lower ground/part basement levels, which are available 24hr a day and 7 days per week.
The Lease There is an existing lease expiring on 31st March 2030 with a mutual Option to Terminate subject to 12 months prior written notice expiring December 2024. Details of this can be found within the Deed of Variation in the Data Room.
Parking Survey A Parking Occupancy Survey for Watford has been undertaken by Systra and it has been found that, even utilising peak occupancy figures recorded through an ANPR survey, there is considerable spare parking capacity across Watford. Full information regarding the existing property a copy of the Parking Survey can be found in the Data Room. |