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L-545041 - Investment & Development Opportunity, 14 -15, 16 & 17 Bancroft, Hitchin SG5 1JQ

Key features

  • Total contracted rental income - £235,800 p.a. from commercial units
  • Upper floors available with Vacant Possession for development (STPP)
  • Investment sale comprising of 3 units - 14 & 15, 16 and 17 Bancroft
  • Car park with approx 35 spaces
  • Sale available by way of single or multiple lots
  • EPC: C
  • Fleurets Ref: L-545041
  • Call to be sent the full brochure

Description

This investment sale comprises of;

White Stuff, 14 & 15 Bancroft, Hitchin
Gail’s Bakery, 16 Bancroft, Hitchin
Craft & Cleaver, 17 Bancroft, Hitchin

A car park to the rear with 35 spaces, measuring 0.54 acres.

Development opportunity - The two upper floors above White Stuff and Gail’s are accessed from the car park and unencumbered by the existing leases. There is a large void at first floor roof level which could be developed in line with the indicative advice based on six residential flats being created.

Sale available by way of a single or multiple lots.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

L-545041 - Investment & Development Opportunity, 14 -15, 16 & 17 Bancroft, Hitchin SG5 1JQ

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About Fleurets Limited, London

20-22 Bedford Row, London, WC1R 4EB

A Warm Reception

If our founder John Beach Fleuret came by for a Fleurets board meeting today - what would he find?

While some of the Coaching Inns he knew are still around, everything else in the industry has changed. And while Fleurets has changed too, growing and developing to offer the services that the leisure and hospitality industry today demands, one thing that hasn't changed is our committment to you, our clients.

We believe that being professional means always acting with integrity. That's not just a claim; most of our work is repeat business and an unusually low turnover of staff tells its own story. Honesty, straight talking and a relentlessly professional ethos; these are all things that John Beach Fleuret would recognise about the company that bears his name today.

We know we're nothing without our clients so we strive to put your needs at the centre of everything we do. Client service starts when you pick up the phone to Fleurets and it doesn't end when a deal is done or a service is complete. Instead we aim to build a relationship with you, trying to answer - and even anticipate - all your needs in the leisure and hospitality industry. From putting you in contact with the right counterparties to advising on strategy and marketing, we give you the benefit of our experience in hotels, restaurants, pubs and all forms of leisure property.

The leisure and hospitality industry in the UK is changing faster than ever. The old assumptions are breaking down and new opportunities are being uncovered all the time. The profile of licensees is changing as the industry becomes increasingly sophisticated and multinational. At Fleurets we are in the vanguard of this change, providing professional consultancy services. We're also an independent voice in the industry, looking ahead and suggesting where the market is going next. Constant product and service development is about creating the services that the leisure and hospitality industry needs today - and will need tomorrow.

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Disclaimer - Property reference L-545041. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Fleurets Limited, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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