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Retail Property (high street) for sale

96 South Street, Bishop's Stortford, Hertfordshire, CM23

Under Offer £140,000
689 sq. ft.

Property Description

Commercial information

  • 689 sq ft (64 sq m)

Full description

Tenure: Leasehold

INVESTMENT FOR SALE A ground floor, self-contained retail unit forming part of a mixed use development constructed in 2008.

The frontage to South Street offers flat plate glass shop frontage with a single pedestrian entrance door. Internally the Tenant has fitted out the unit dividing the retail space with a WC and kitchen area towards the rear.

The property, which is located on one of the main roads into the town, benefits from high vehicular traffic and passing footfall and is within walking distance of the mainline railway station.

125-year leasehold from 2008, sold with with the benefit of a Tenant on an existing lease expiring in May 2018. The current passing rent is 13,500 plus VAT per annum exclusive.

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