Bucklersbury, Hitchin, Hertfordshire, SG5
£279.33 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
6,265 sq ft
582 sq m
- SECTOR
High street retail property for sale
Key features
- Retail parade investment
- Freehold
- Comprising 5 commercial units
- 6,265 SQ FT
- Current passing rent £188,800 per annum
Description
Located in the affluent commuter town of Hitchin 32 miles north of Central London.
Highly prominent parade nestled in the heart of Hitchin town centre.
Comprising 5 commercial units totalling 6,265 sq ft arranged over part lower ground and ground floors.
Multi-let producing a total current passing rent of £188,800 per annum.
Freehold.
Grade II listed, therefore if any of the commercial tenants vacate, the landlord will not incur any business rates.
We are instructed to seek offers in excess of £1,750,000 (One Million, Seven Hundred and Fifty Thousand Pounds), subject to contract and exclusive of VAT.
A Purchase at the asking price would reflect a Net Reversionary Yield of 10.16% assuming standard purchasers' costs of 6.20%, and a low Capital Value of £279 per sq ft.
Brochures
Bucklersbury, Hitchin, Hertfordshire, SG5
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hitchin Station0.8 miles
- Letchworth Station3.2 miles
- Stevenage Station4.4 miles
About ESTATE OFFICE INVESTMENTS LIMITED, London
Ground Floor 1 Finchley Road, London, NW8 9TT
A London based boutique property consultancy with a global track record. We are investment and development land specialists, primarily selling land and buildings with and without planning permission, with a focus on residential blocks and commercial investment opportunities in retail, leisure and office space. We also act on behalf of clients on residential and commercial acquisitions.
Established in 1983 with exceptional combined experience, our dynamic team of fourteen work tirelessly
Notes
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