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Retail Property (high street) for sale

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

Under Offer 6,520 sq. ft. | £125,000

Property Description

Commercial information

  • 6,520 sq ft (605 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 the benefit of a Tenant on an existing lease expiring five years from June 2015. The current passing rent is 12,000 plus VAT per annum exclusive.

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