Jewson, Queens Avenue, Watford, WD18 7NW

This expansive 1.25-acre site features three trade counter units alongside ancillary office spaces and two warehouses, totaling approximately 4,009 sqm (43,150 sqft) of gross internal area. With a reliable tenant in place—Jewson's, who has occupied the premises for over twenty years—the property has a recently renewed lease with Stark Building Materials UK Limited that extends through June 2028, providing a stable annual income of £350,000 (around £8.50 per square foot). Situated in an area with strong demand for both commercial and residential spaces, this property holds significant renovation and investment potential. Its current configuration supports storage, light industrial operations, and trade activities; however, the site also lends itself to various redevelopment opportunities. One could explore converting the existing structures into residential units—be it a mews house scheme or an apartment complex—pending necessary planning approvals. The location benefits from good connectivity to key transport routes and amenities, further enhancing its attractiveness for future development. This freehold property presents an appealing opportunity for investors looking to capitalize on both immediate income and long-term growth through strategic renovation or redevelopment initiatives.