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High Street, Ware, Hertfordshire, SG12

Guide Price
£350,000

£269.85 per sq ft

Business rates & charges may apply

Gilmartin Ley, London
SIZE AVAILABLE

1,297 sq ft

120 sq m

SECTOR

Mixed use property for sale

USE CLASSUse class orders: A1 Shops

A1

Key features

  • Freehold
  • 2 flats converted in 2013
  • Grade II Listed building
  • Low, reversionary, passing rent of £20,400 pa (£850 pcm per flat)
  • Flat 2 features an additional room accessed via the bedroom which can be used as a further bedroom or study
  • Excellent High Street location

Description

The property comprises two self-contained flats within a Grade II Listed building. The flats were converted in 2013.

The flats are accessed via a communal entrance on the High Street in between the two shops.

The shops effectively do not form part of the property having been sold off on a long lease at a peppercorn ground rent expiring 2162.

The flats are well-presented featuring carpeted floors, LED spotlights, fairly modern fitted kitchens and shower rooms / WCs and electric wall-mounted panel heating.

There is scope to increase the rental income, the passing rents being £850 per calendar month per flat.

While Flat 1 is a standard one bedroom unit, Flat 2 provides more space: there is an additional room accessed via the bedroom at second floor level which could be used an additional bedroom (this is the current arrangement) or as a study.

Location:
Ware is a thriving historic town in Hertfordshire. The property has an excellent location on the north side of the High Street, opposite the library.

There are various restaurants, shops, and bakeries / cafes nearby.

Ware railway station is only 340m to the south-east of the property, providing services to London Liverpool Street with a journey time of less than an hour.

Brochures

High Street, Ware, Hertfordshire, SG12

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ware Station0.2 miles
  • Hertford East Station2.0 miles
  • St. Margarets (Herts) Station2.1 miles

About Gilmartin Ley, London

18 Compton Terrace London N1 2UN

Founded in 1979 by Michael Gilmartin, Gilmartin Ley is a family business of chartered surveyors and commercial estate agents based in North London.

At Gilmartin Ley we combine professional property expertise, business acumen and market knowledge in advising our clients on improving, acquiring, selling and renting industrial, commercial and residential development property.

Notes

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