Bridge Street, Hitchin, Hertfordshire, SG5

INTRODUCTION

Oliver Russell Property Consultants are delighted to bring to the market a modern, open plan Long Leasehold retail unit, situated on Bridge Street in the prosperous, North Hertfordshire market town of Hitchin.

THE SPACE

The unit part of a mixed use development constructed in 2009, provides open plan space with double opening door and large plate glass window to the front. Currently fitted out for a Ladies hair dressing salon, the unit would equally work well for a number of different retail and business uses.

The unit also provides a rear store room, cloak room and WC, with separate kitchen.

RETAIL: 32 Sq M

STORE: 7.04 Sq M

KITCHEN: 2.61 Sq M

TOTAL: 41.65 Sq M Plus cloakroom and storage cupboard.


OUTSIDE

There is a small paved courtyard patio accessed through side double doors to the east of the unit.


LONG LEASEHOLD

The long leasehold interest will be available with vacant possession from the 1st April 2022. The Head Lease runs for 125 years from 2009

GROUND RENT

£250 PA

SERVICE CHARGE

£900 PA

RATES

The current Rateable Value for the unit is £10,250
The standard multiplier is 51.2p, the small business multiplier is 49.9p
Potential purchasers should satisfy themselves as to their Rates liability.

PRICE

£225,000 Plus VAT for the Long Leasehold interest, alternatively the owners may look at a new commercial lease, for a term by arrangement at a commencing rent of £15,000 Plus VAT PA.

USE

A1 Retail


ENQUIRIES

Strictly through the Sole Agents Oliver Russell Property Consultants
Contact: Oliver Creasey
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