113-123 London Road & 1-5 West Road, Sawbridgeworth, Hertfordshire CM21 9JJ

£850,000

Size

1,872

Tenure

Freehold

EPC

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Parking

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Primary use
High street retail
Frontage
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No floor / site plan

Key features

  • Rental Income: £49,120 p.a.
  • Gross Initial Yield: 5.78%
  • Comprises retail parade of 5 ground floor shops and 18 residential flats above, all of which have been sold off
  • Retail tenant include Barber`s, Tax Accountants, Sandwich Bar, Convenience Store and Mobile Phone Repair Shop
  • 7 of the residential flats are held on leaseholds with less than 60 years unexpired, providing potential lease extension
  • Situated on London Road, one of the town’s principal commercial thoroughfares

Description

Investment Consideration:
Gross Initial Yield: 5.78%
Rental Income: £49,120 p.a.
VAT is NOT applicable to this property
Comprises retail parade of 5 ground floor shops and 18 residential flats above, all of which have been sold off
Retail tenant include Barber`s, Tax Accountants, Sandwich Bar, Convenience Store and Mobile Phone Repair Shop
7 of the residential flats are held on leaseholds with less than 60 years unexpired, providing potential lease extension
Total Commercial GIA: 174 sq m (1,872 sq ft)
Situated on London Road, one of the town’s principal commercial thoroughfares, within walking distance from Sawbridgeworth Railway Station, providing regular direct services to London Liverpool Street and Cambridge
Occupiers nearby include Waitrose & Shell, Domino`s Pizza, Co-Op Food, Barber Shop, Dental Surgery and more.

Property Description:
Comprises ground floor retail parade of 5 shops trading as Barber`s (113), Tax Accountants (121), Sandwich Bar (123), Convenience Store (1-3) and Mobile Phone Repair Shop (5). The property includes 18 residential flats at ground, first and second floor, all of which have been sold off on long leaseholds, providing the following accommodation and dimensions:
Ground Floor:
Shop No. 113: 32 sq m (344 sq ft)
Shop No. 121: 40 sq m (430 sq ft)
Shop No. 123: 17 sq m (183 sq ft)
Shop No. 1-3: 68 sq m (732 sq ft)
Shop No. 5: 17 sq m (183 sq ft)
Ground/First/Second Floor:
18 Residential flats: Sold-off
Total Retail GIA: 174 sq m (1,872 sq ft)

Location:
Sawbridgeworth is an attractive and affluent Hertfordshire town situated on the west bank of the River Stort, approximately 4 miles north-east of Harlow and 8 miles south of Bishop`s Stortford. The town benefits from excellent road communications via the A1184, which links directly to the M11 motorway, providing access to London, Cambridge and the wider national motorway network. The property is prominently situated on London Road, one of the town`s principal commercial thoroughfares, within walking distance from Sawbridgeworth Railway Station, providing regular direct services to London Liverpool Street and Cambridge. Occupiers nearby including Waitrose & Shell, Domino`s Pizza, Co-Op Food, Barber Shop and more.
Additional information
Service charge
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Business rates
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Use class
E
Listed building
No
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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

113-123 London Road & 1-5 West Road, Sawbridgeworth, Hertfordshire CM21 9JJ

NEAREST STATIONS

National Rail

Sawbridgeworth Station

0.51 miles

National Rail

Harlow Mill Station

1.9 miles

National Rail

Harlow Town Station

3.31 miles

About BLUE ALPINE PARTNERS LIMITED, London

BLUE ALPINE PARTNERS LIMITED, London

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can assess and manage your current portfolio to devise a forward-looking investment plan and, if necessary, an exit strategy.

We are dedicated to disrupting the commercial property industry by delivering exceptional solutions that prioritise honesty, transparency, integrity, and providing an unparalleled client experience. Our team consists of knowledgeable professionals with a strong background in commercial property, enabling us to help clients around the world turn property into a path for growth.

Together, we unlock potential.

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Disclaimer - Property reference 123londonroadsawbridge. 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 BLUE ALPINE PARTNERS 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.