25 / 27 Bircherley Green Shopping Centre Hertford Hertfordshire SG14 1BN

  • 25 / 27 Bircherley Green Shopping Centre<br>Hertford<br>Hertfordshire<br>SG14 1BN

25 / 27 Bircherley Green Shopping Centre
Hertford
Hertfordshire
SG14 1BN

Freehold Retail investment

  • Comprises two retail units let to Holland & Barrett Retail Limited
  • Historic Market Town some 25 miles north of Central London
  • Pedestrianised Town Centre location
  • Neighbouring occupiers include Waitrose, Boots the Chemist, New Look and Superdrug
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    31
  • Auction
    13th October 2016
  • Rent
    £53,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £830,000
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
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Freehold Retail investment

  • Comprises two retail units let to Holland & Barrett Retail Limited
  • Historic Market Town some 25 miles north of Central London
  • Pedestrianised Town Centre location
  • Neighbouring occupiers include Waitrose, Boots the Chemist, New Look and Superdrug
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 31
  • Auction 13th October 2016
  • Rent £53,000 per Annum Exclusive
  • Status Sold
  • Price £830,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG

Property Information

Location
Miles
25 miles north of Central London, 28 miles west of Chelmsford, 15 miles south west of Bishop’s Stortford, 14 miles north east of St Albans
Roads
A1, A10, A414, M25
Rail
Hertford North Railway Station, Hertford East Railway Station
Air
London Stansted Airport, London Luton Airport,
Situation

Hertford is an historic market town some 25 miles north of Central London. The property in situated on the east side of pedestrianised Bircherley Green and forms part of the Bircherley Green Shopping Centre in the heart of Hertford town centre. Neighbouring occupiers include Waitrose, Boots the Chemist, New Look and Superdrug.

Tenure

Freehold.

Location
Miles
25 miles north of Central London, 28 miles west of Chelmsford, 15 miles south west of Bishop’s Stortford, 14 miles north east of St Albans
Roads
A1, A10, A414, M25
Rail
Hertford North Railway Station, Hertford East Railway Station
Air
London Stansted Airport, London Luton Airport,
Situation

Hertford is an historic market town some 25 miles north of Central London. The property in situated on the east side of pedestrianised Bircherley Green and forms part of the Bircherley Green Shopping Centre in the heart of Hertford town centre. Neighbouring occupiers include Waitrose, Boots the Chemist, New Look and Superdrug.

Tenure

Freehold.

Description

The property comprises a double fronted building with retail accommodation on the ground floor and ancillary accommodation on the first floor.

VAT

VAT is applicable to this lot.

Note

Please note that the adjoining property, number 29 Bircherley Green is being offered as lot 44

Completion Period

Six Week Completion

EPC

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

Description

The property comprises a double fronted building with retail accommodation on the ground floor and ancillary accommodation on the first floor.

VAT

VAT is applicable to this lot.

Note

Please note that the adjoining property, number 29 Bircherley Green is being offered as lot 44

Completion Period

Six Week Completion

EPC

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

Tenancy & Accommodation

  Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/(Reversion)
  Ground
First		 Retail
Ancillary		 131.64 sq m
114.70 sq m		 (1,416 sq ft)
(1,235 sq ft)		 HOLLAND & BARRETT
RETAIL LIMITED		 10 years from 29/09/2011 on a full
repairing and insuring lease		 £53,000 29/09/2016
(28/09/2021)
  TOTALS   246.34 sq m (2,652 sq ft)     £53,000  

(1) For the year ending 30th September 2015, Holland & Barrett Retail Limited reported a turnover of £424,662,000, pre-tax profits of £129,456,000 and a total net worth of £326,224,000. (Source: www.riskdisk.com 05/09/2016).

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Russell-Cooke LLP 8 Bedford Row
London
WC1R 4BX
Kathrin McClintock 0207 440 4834Kathrin.McClintock@Russell-Cooke.co.uk  Thomas Ferguson 02074 404 808thomas.ferguson@russell-cooke.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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