Please note the Post Code for 5a/5b Middle Row is SG5 3AN and for 23-25 Church Lane SG1 3QW.
The retail units to the front accessed from Middle Row are currently occupied by a hairdressing salon and wine bar.
The properties at the rear are accessed directly off Church Lane and provide access to the first floor accommodation above the front units and individual access to the business units either side of an open yard.
( Agency Pilot Software ref: 12733 )
Location
Stevenage Old Town is situated approximately 1.5 miles north of the New Town centre, which is readily accessed by junction 7 and 8 of the A1 (M) motorway. Stevenage is approximately 30 miles north of Central London. The property is located within the historic Old Town of Stevenage and fronts onto the pedestrianised area behind the High Street known as Middle Row. This area is made up of mainly retail units occupied by local retailers. The property covers a site which connects to Church Lane at the rear where access can be found to further accommodation
Accommodation
Approx 4,218 SQ FT (391 SQ M)
Terms
Planning: 5b Middle Row has Grade II Listed Building status under listing number 1101144.
Tenure Our clients offer the freehold for sale subject to the lease detailed above. The land is currently unregistered. Price £750,000.
Proposal: This property has not come to the market for many years.
The current uses and configuration of the property does offer the potential to improve the current layout and redevelop certain parts at the rear.
The areas at the rear as well as the first floor area may provide suitable for a change of use to residential subject to the necessary consents and approvals being obtained. The current rents are all below the estimated market level and there is the possibility with active management to improve the rental income currently received.