Convenience store for sale
Co-Operative Convenience Store, 13-15 Cole Green Lane, Welwyn Garden City, Hertfordshire, AL7 3PP
£150.00 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
8,000-10,000 sq ft
743-929 sq m
- SECTOR
Convenience store for sale
Key features
- FOR SALE BY AUCTION 12TH FEBRUARY 2026
- Entirely let to Co-operative Foodstores Ltd (guaranteed by Co-Operative Group Food Ltd)
- Let by way of a reversionary lease expiring in 2036 (subject to option)
- RPI linked rent review in 2029 & 5 yearly thereafter (2% min & 5% max)
- Comprising 5 interconnecting shops and first floor ancillary accommodation
- Total GIA approx. 762.25 sq. m. (8,205 sq. ft.)
- Nearby occupiers include Papa Johns, Boots, Medivet, Betfred and Ladbrokes
- VAT-free Investment
- Rental income £100,000 per Annum
Description
The property is located on Cole Green Lane, a well-known neighbourhood retail parade serving the surrounding residential area to the east of the town centre. The location benefits from strong local footfall and passing traffic, with Welwyn Garden City Railway Station providing regular mainline services to London King's Cross in approximately 25 minutes. Nearby occupiers include Papa Johns, Boots, Medivet, Betfred and Ladbrokes amongst a wide range of local businesses.
Tenure
Virtual Freehold. Held on a lease for 999 years from 25th March 1996 at a peppercorn rent
Description
The property comprises 5 interconnecting shops on the ground floor and first floor ancillary accommodation. Please note that the tenant also occupies & trades from 17 Cole Green Lane which is not included in the property to be sold.
The property benefits from service access to the rear.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor's legal pack.
For further information, to register your interest in this property and download the legal pack, please visit the Acuitus website.
Brochures
Co-Operative Convenience Store, 13-15 Cole Green Lane, Welwyn Garden City, Hertfordshire, AL7 3PP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Welwyn Garden City Station0.8 miles
- Hatfield Station2.1 miles
- Welwyn North Station2.2 miles
Notes
Disclaimer - Property reference A13566-LOT16-WELWYN-DM-AM. 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 Acuitus Limited, Acuitus. 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 Acuitus Limited, Acuitus on 020 7870 2773.
*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.”
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