Commercial Properties For Sale in Hertfordshire
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A ground floor retail unit with one-bedroom flat above. May have potential to be converted into a single residential dwelling, subject to planning.
- Ground floor retail unit with one-bedroom flat above
- Mid-terrace property
- Located just off the prime shopping area
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Comprises mixed-use waterfront development, consisting of 8 large retail units, 195 public car park and 98 residential apartments, all of which have been sold-off on long leaseholds. Tenants include NHS Surgery, Starbucks, Boots, Card Factory, Pure Gym, 2 Restaurants, Nail Salon and Euro Car Parks.
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Bridgefoot House was constructed in 2001 to provide self-contained building offering a combination of office, production, and storage accommodation. The property totals 45,621 sq ft (GIA), extending across two-storeys. It lends itself to sub-division into potentially three areas on the lower ground floor and two on the ground floor. Externally, the property has a large yard and offers 123 car parking spaces. The site extends to 2.10 acres (0.85 hectares), reflecting a site coverage of 25%.
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The premises comprise a large, detached workshop building and a smaller neighbouring end-terrace workshop building (forming part of a larger building) on Duxons Turn, together with a parade of six small quasi workshop/office/trade counter units on Mark Road. The buildings on Duxons Turn are of steel-frame construction with solid brick elevations and corrugated asbestos cement roofs.
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Prime retail & residential investment let to Cotswold Company until 2034 producing £130,000 per annum together with nine residential units comprising one & two bed flats let on AST's producing £95,400 per annum. Offers in excess of £3.25m to show 6.51%.
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Modern retail scheme in Stevenage (6,484 sq ft, 3 units), let to Tesco with Starbucks and Subway franchises hopefully expected shortly. £195k p.a exc. rent, 15-year leases (franchises will have 10 year breaks), CPI uplifts, 14.6-year WAULT. Prime North Road location near Lister Hospital.
