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23-25 Railway Street, Hertford, SG14 1BA

1,798 Sq Ft / Retail

For Sale - £525,000.00

Under Offer - Last updated: 27 September 2024

PRIME TOWN CENTRE INVESTMENT OPPORTUNITY

Location

23-25 Railway Street stands in the very heart of this historic county town immediately opposite the former Barclays Bank premises and Toni & Guy hairdressing at the entrance into the new Lea Wharf (formerly Bircheley Green) retail and residential development.  Other retailers in near immediate proximity include Holland & Barrett, Boots, Café Nero, Hamptons Estate Agents and 02.

Hertford is a strong county town 8 miles due north of junction 25 of the M25.  There is immediate access onto the A414 providing eastward M11 connections at Harlow and westward A1M/M1 connections at Hatfield and beyond.

Hertford East and Hertford North rail stations provide London Liverpool Street and London Kings Cross connections.  London Stansted International Airport is accessed from the M11 junction at Bishops Stortford.

 

Accommodation

* Under the same family ownership for near 100 years

* A well let retail investment

* Strong county town

* Entranceway to the brand new Lea Wharf riverside retail and residential scheme

* Frontage onto both pedestrian and vehicular routeways

* Immediately opposite the former Barclays Bank premises

* Let for 20 years from 1 August 2018

* Current passing rent £34,000 per annum exclusive

* Next rent review August 2028

* Tenant break clause 1 August  2028 and 1 August 2033 on 6 months notice and vacant possession

* Freehold for sale

* Free of VAT

 

Terms

Investment for sale

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
for sale For Sale Freehold £525,000.00 NA

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Tracey Gidley

Paul Wallace Commercial

01992 830364

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