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Retail Investment Opportunity, 36 St Andrew Street, Hertford, SG14 1JA

not specified / Retail / General Retail

Withdrawn - Last updated: 17 January 2023

A ground floor A1 retail lock up shop premises fronting the main vehicular and pedestrian routeway into the very centre of Hertford.

The building is understood to have traded as a dry cleaners for approximately 25 years and is currently branded and trading as Flamsteads Dry Cleaning.

The shop comprises a front retail sales area with toilet and kitchen to the rear. The basement is dry and to a head room of approximately 6’ 6”. This area could be used as a natural extension to the retail floor plate or ambient storage.

Location

Number 36 stands on the northern side of St Andrew Street opposite the church and one of the many town centre car parks.

The immediate retail terrace includes a dispensing chemist, Sworders Auctioneers, Belles & Shears Hairdressing and the Baan Thitiya Thai Restaurant.

The busy town centre Cowbridge crossroads is just 150 years to the north east from where there is access through to the Sainsbury superstore and the greater town centre areas.

Hertford is a strong county town offering an extensive range of retail, banking and leisure destinations with occupiers including Tesco, Café Nero, Edinburgh Woollen Mill, Poundstretcher, F Hinds Jewellers and an extensive line up of bars and restaurants along the length of Fore Street.

Accommodation

Built depth - 35’

Maximum internal width - 10’ 3”

Basement - 26’ x 13’

All measurements and floor areas are approximate 

Terms

TENANCY: A new 10 year term is proposed from completion of sale at a commencing rental of £XXX per annum exclusive. There is to be a single 5 yearly upward only rent review. Further information regarding the lease terms and tenant available upon request.

PRICE: £XXX subject to contract only.

VAT: TBA.

RATEABLE VALUE: We are advised upon a rateable value of £XXX with effect 1 April 2017. Tenants may be able to benefit from up to 100% local authority ratings relief. All interested parties are advised to verify this information at www.voa.gov.uk.

LEGAL COSTS: Each party to be responsible for their own legal costs.


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