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
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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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

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

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)