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Ground Floor Retail Unit With Uppers, 95 Bancroft, Hitchin, SG5 1NB

37 Sq Mt / Industrial / Light Industrial

Withdrawn - Last updated: 17 August 2023

Well situated on Bancroft, the property comprises two rooms at ground floor of 239 sq. ft. together with W.C. and access to a small lockable rear yard where refuse bins are kept. Stairs lead to a single room on the first floor of 158 sq. ft.

Location

Hitchin is a busy North Hertfordshire market town located about 35 miles North of London. There are excellent road links via the A1(M) and the A505, as well as rail links from the town’s mainline railway station into London Kings Cross in just over half an hour. The premises are located adjacent to the pedestrian archway leading to the Sainsbury Superstore and within easy walking distance of the main town centre. The property is also within a 10 minute walk from Hitchin’s mainline railway station providing a fast and frequent service into London Kings Cross in just over 30 minutes.

Accommodation

FLOOR AREAS

round Floor Front sales/other 116 sq ft

Rear sales/other 123 sq ft

Total 239 sq ft

First floor 158 sq ft

Total area 397 sq ft

Terms

TENURE The premises are offered on a new internal repairing and insuring lease for a minimum term of 5 years.

RENTAL Commencing rental to be £13,000 per annum exclusive.

ENERGY PERFORMANCE CERTIFICATE The property has an Energy rating D valid until 22nd March 2031 Certificate number:7090-5888-5254-0302-7583. A copy of the certificate along with the Recommendation Report is available upon request.

BUSINESS RATES The property currently has a Rateable Value of £4,600. Interested parties are advised to make their own enquiries of the charging authority (North Hertfordshire District Council) as to the amount payable, however we believe it is likely that if the premises represent their only place of business, then business rates may be void under current legislation. LEGAL

COSTS Each party to be responsible for its own legal costs incurred in the matter.

VAT The aforementioned rental will NOT be subject to VAT.


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