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Hadham Rd 2,847 sq ft Retail Property Bishop's Stortford CM23 2QR £1,780,000 (£625.22/sq ft)



INVESTMENT HIGHLIGHTS
- Grade II Listed Building.
- Current Income £117,500 pa.
- 999 Year Lease to Rear Building.
- EPC Rating - B.
- Prominent Building.
- Two Commercial Tenants.
- VAT is not charged.
- KW/COM.4425.01.26.
EXECUTIVE SUMMARY
The Chantry is an attractive L- shaped Grade II Listed building overlooking the junction of North Street and Hadham Road. North Street is a retail area occupied by café's restaurants and banks, whilst Hadham Road is a mixture of commercial and residential properties. The front elevation comprises four retail units let to two occupiers, whilst the rear building has been sold on a 999 year lease and converted from offices to five residential units. The car park, which is accessed via a central arch, provides parking for both the residential and commercial occupiers. Shop 1 is let to Albany Kitchens, who have been in occupation since 2011 and are well established, having approximately 26 years experience in the Hertfordshire/Essex area, providing high quality kitchen design and installation services. Shops 2 - 4 are let to Javelin Retail Limited, trading as Goddards. The company has been trading since 2002 and has 10 branches retailing ladies and menswear, including brands such as Barbour, Boss, Paul Smith, Ralph Lauren, etc.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Shopfront
Property Size
2,847 sq ft
Year Built
1740
Price
£1,780,000
Price per sq ft
£625.22
Tenancy
Single
Number of Floors
2
Plot ratio
0.21
Total Plot Size
0.32 ac
Frontage
43 ft on Hadham Rd
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE END
-
- -
- 2,847 sq ft
- -
- -
In-toto has over 45 showrooms nationwide, with more planned, so actually visiting them to see their wide range of different kitchen styles and finishes couldn't be easier! All their showrooms include different kitchen room-sets that display as many different design, colour and accessory options as possible, helping you visualise how your new kitchen will ultimately look. You are free to browse, looking at storage, appliances, cabinets, choosing from almost a hundred alternative door styles and over twenty colours.
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE END | ||
|
- | 2,847 sq ft | - | - |
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Hadham Rd
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