2 Town Square Stevenage Hertfordshire SG1 1BP

2 Town Square
Stevenage
Hertfordshire
SG1 1BP

Freehold Retail Opportunity with Conversion/Development Potential

  • Approximately 764.65 sq m (8,231 sq ft)
  • Excellent pedestrianised town centre location
  • Nearby occupiers include Primark, Marks & Spencer, Boots the Chemist, Wilko, Greggs and McDonald’s
  • Of interest to investors, developers and owner occupiers
  • Potential change of use opportunity (subject to consents)
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    86
  • Auction
    22nd October 2015
  • Vacant Possession
  • Status
    Sold
  • Price
    £730,000
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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* More information on the term "guide" can be found here

Freehold Retail Opportunity with Conversion/Development Potential

  • Approximately 764.65 sq m (8,231 sq ft)
  • Excellent pedestrianised town centre location
  • Nearby occupiers include Primark, Marks & Spencer, Boots the Chemist, Wilko, Greggs and McDonald’s
  • Of interest to investors, developers and owner occupiers
  • Potential change of use opportunity (subject to consents)
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 86
  • Auction 22nd October 2015
  • Vacant Possession
  • Status Sold
  • Price £730,000
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
11 miles north of Hatfield,15 miles east of Luton, 24 miles north-west of Watford
Roads
A1(M), A602
Rail
Stevenage Railway Station
Air
Luton Airport
Situation

The property occupies a prominent town centre location on Town Square, opposite The Plaza Leisure Complex and close to Queensway. The property benefits from close proximity to Stevenage Railway Station. Nearby occupiers include Boots the Chemist, Primark, Wilko, Greggs and McDonald’s. The town’s indoor market, bus station and a large multi-storey car park are also close by.

Tenure

Freehold.

Location
Miles
11 miles north of Hatfield,15 miles east of Luton, 24 miles north-west of Watford
Roads
A1(M), A602
Rail
Stevenage Railway Station
Air
Luton Airport
Situation

The property occupies a prominent town centre location on Town Square, opposite The Plaza Leisure Complex and close to Queensway. The property benefits from close proximity to Stevenage Railway Station. Nearby occupiers include Boots the Chemist, Primark, Wilko, Greggs and McDonald’s. The town’s indoor market, bus station and a large multi-storey car park are also close by.

Tenure

Freehold.

Description

The property comprises ground floor retail accommodation (former banking hall) with ancillary accommodation in the basement and office accommodation over the first and second floors. The property benefits from secure car parking to the rear.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises ground floor retail accommodation (former banking hall) with ancillary accommodation in the basement and office accommodation over the first and second floors. The property benefits from secure car parking to the rear.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant
Ground
Basement
First
Second
Retail (Former Bank)
Ancillary
Office
Office
376.43 sq m
149.38 sq m
167.40 sq m
71.44 sq m
(4,052 sq ft)
(1,608 sq ft)
(1,802 sq ft)
(769 sq ft)
VACANT POSSESSION
Totals
764.65 sq m
(8,231 sq ft)
 

Property Documents

  • Site Plan
    Updated Date
    30.09.15
    File Size
    92 KB
    View PDF
  • Catalogue Page
    Updated Date
    30.09.15
    File Size
    524 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Seller's Solicitors
KHH Solicitors LLP 1 Eggerton Road
London
N16 6UE
Nigel Hanan 020 8800 8866nhanan@khhlaw.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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