
30-32 High Street and 2-3 John Street, Royston, Hertfordshire, SG8 9AG
- PROPERTY TYPE
Mixed Use
- BEDROOMS
3
- SIZE
Ask agent
Key features
- Grade 2 Listed commercial building
- Total income of £70,650 per annum
- Possibility for further residential conversion STP
Description
£650,000+
Grade 2 Listed commercial building
Total income of £70,650 per annum
Possibility for further residential conversion STP
Freehold
Description
A fantastic opportunity to purchase an unbroken freehold block in the centre of the popular town of Royston.
30 and 32 High Street comprise a Grade II Listed three storey building of traditional brick construction beneath a pitched tiled roof. Occupied by 3 commercial tenants and 3 residential tenants.
2 and 3 John Street comprises part three storey building along with single storey elements of flint construction beneath a pitched slate roof. Occupied by one commercial tenant.
The property offers investors the chance to enjoy the rental income, as well as providing asset management opportunities such as further conversion of upper parts to residential STP.
Location
Royston is located approximately 13 miles south west of Cambridge and 17 miles north east of Stevenage. The town benefits from excellent communication links via the A505 main road which in turn leads to the M11 and A1(M) trunk roads. The mainline train station provides regular services to London Kings Cross.
The property is situated in a prominent position on the east side of the High Street, surrounded by various multiple retailers including W H Smith, Boots, Card Factory and Costa Coffee.
Planning
The Property has existing established retail uses, with residential uppers.
Interested parties are advised to make their own enquiries of North Herts District Council Planning Department
Tenancies
30 High Street is let Timpson Ltd on a 10 year excluded lease from 11th January 2016 at a rent of £11,000 pa.
30 High Street First Floor is let to Daniela Pruna T/A Daniela Aesthetics and Beauty on a 5 year excluded lease from 20th May 2021 at a rent of £5,750 pa.
32 High Street is let to Thu haoi Nguyen T/A Royston Nail Bar on a 13 year protected lease from 24th June 2024 at a rent of £12,500 pa subject to rent review and tenant break at the 5th and 10th anniversaries.
2 & 3 John Street is let to Cream at a rent of £15,000 pa on a protected lease. The lease to Cream expired in June 2012 and they have been holding over since then.
Outgoings
Uniform Business Rates
We understand that the property is entered into the VOA Rating List 2023 as the following Rateable Values:
30 High Street £9,200
32 High Street £6,500
2 and 3 John Street £19,250
Service Charge
There is currently no service charge in place.
Viewing
Cheffins Commercial Department
*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Brochures
Legal Documents30-32 High Street and 2-3 John Street, Royston, Hertfordshire, SG8 9AG
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Royston Station0.4 miles
- Meldreth Station3.3 miles
- Ashwell & Morden Station3.9 miles



Notes
Disclaimer - Property reference 307061. 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 Cheffins Residential, Property Auctions. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Cheffins Residential, Property Auctions on 01223 972814.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
Map data ©OpenStreetMap contributors.