Prime Retail Investment, Old Cross, Hertford
- SIZE
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- SECTOR
High street retail property for sale
Key features
- Freehold Commercial Investment
- Prime central Hertford location with strong footfall
- Let on a 10-year lease producing £30,000 per annum
- Spacious 2,044 sq ft arranged over three floors
- Ground floor open-plan bar area with kitchen and W/C
- Second floor staff room/ancillary space
- Excellent long-term rental investment
- Close proximity to Hertford East and Hertford North stations
- Rare opportunity in a thriving market town
Description
This prime commercial freehold occupies a highly visible location along one of the town’s busiest thoroughfares, enjoying excellent passing trade and consistent footfall. The building is currently let under a secure 10-year lease, generating a strong rental income of £2,500 per calendar month (£30,000 per annum).
The property is arranged over three floors, offering approximately 2,044 sq ft (190 sq m) of internal space. The ground floor comprises a large open-plan bar area, fully fitted kitchen, and customer W/C facilities, with additional ladies' toilets. The first floor offers further amenities including men’s toilets, and the top floor features a well-sized staff room, suitable for ancillary storage or office use.
This is a rare opportunity to acquire a well-established and income-producing asset in one of Hertfordshire’s most desirable market towns, just a short distance from Hertford East and Hertford North rail stations.
For further details, lease information, or to arrange a viewing, please contact the Westwood Leber team today.
Tenancy - Let on a 10-year lease ending 2033 at £2500 + VAT pcm (£30,000 + VAT per annum) - For more information on rent reviews and break clauses get in touch with the team.
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Notes
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