Provides 3 shops and separately accessed office suites above
Total floor area of approx. 500.25 sq m (5,385 sq ft)
Future change of use/development potential of the upper floors (subject to consents)
All office suites let to Dotmatics Ltd (wholly owned by Siemens AG) (3)
Office leases outside the Security of Tenure Provisions of the Landlord and Tenant Act 1954
Busy town centre location close to Jackson Square Shopping Centre
Nearby occupiers include Marks & Spencer, H&M, Boots, Pret a Manger, Caffe Nero, Nando's, Mountain Warehouse and Superdrug
VAT free investment
Lot 13
Auction 30th October 2025
Rent £135,160 per Annum Exclusive
Status Withdrawn Prior
Price
Sector High Street Retail, Office, Development
Auction Venue Live Streamed Auction
Property Information
Location
Miles
25 miles north of Central London, 25 miles south of Cambridge
Roads
M11, M25
Rail
Bishops Stortford Rail, Stansted Mountfitchet
Air
London Stansted International Airport, London Luton Airport
Situation
Bishops Stortford is an affluent and expanding market town 25 miles north of Central London on the M11 corridor with a population of approximately 41,000. Bishop's Stortford benefits from excellent rail links with direct trains to London Liverpool Street in 37 mins as well as 9 mins to Stanstead Airport. The property is prominently situated on the south side of Church Street, close to its junction with Potter Street and opposite Jackson Square Shopping Centre. Nearby occupiers include Marks & Spencer, H&M, Boots, Pret a Manger, Caffe Nero, Nando's, Mountain Warehouse and Superdrug.
Tenure
Freehold.
Location
Miles
25 miles north of Central London, 25 miles south of Cambridge
Roads
M11, M25
Rail
Bishops Stortford Rail, Stansted Mountfitchet
Air
London Stansted International Airport, London Luton Airport
Situation
Bishops Stortford is an affluent and expanding market town 25 miles north of Central London on the M11 corridor with a population of approximately 41,000. Bishop's Stortford benefits from excellent rail links with direct trains to London Liverpool Street in 37 mins as well as 9 mins to Stanstead Airport. The property is prominently situated on the south side of Church Street, close to its junction with Potter Street and opposite Jackson Square Shopping Centre. Nearby occupiers include Marks & Spencer, H&M, Boots, Pret a Manger, Caffe Nero, Nando's, Mountain Warehouse and Superdrug.
Tenure
Freehold.
Description
The property, a substantial mixed-use building comprises three ground floor retail units together with a substantial separately accessed office suites on the upper two floors. The office suites benefit from an entrance hall at ground floor level as well as each suite being self contained. The upper floors may be suitable for future change of use or development subject to obtaining the necessary consents.
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, a substantial mixed-use building comprises three ground floor retail units together with a substantial separately accessed office suites on the upper two floors. The office suites benefit from an entrance hall at ground floor level as well as each suite being self contained. The upper floors may be suitable for future change of use or development subject to obtaining the necessary consents.
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
Address
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Rent Review
3 Church Street
Ground
Retail
80.08
(862)
JE LADYBIRD LIMITED t/a Cyclo
10 years from 21/03/2025 (1)
£25,500
19/03/2030
5 Church Street
Ground
Retail
60.20
(648)
INDIVIDUALS t/a Peach (Currently not trading)
10 years from 28/09/2016
£21,400
-
7 Church Street
Ground
Retail
66.14
(712)
JC TEA LIMITED t/a Hi Tea
15 years from 02/05/2025 (2)
£25,000
02/05/2030 02/05/2035
Hadham House 1st Floor Lower
First
Office
48.58
(523)
DOTMATICS LIMITED (wholly owned by Siemens AG) (3)
10 years from 28/03/2018 (4)
£10,460
-
Hadham House 1st Floor Upper
First
Office
97.08
(1,045)
DOTMATICS LIMITED (wholly owned by Siemens AG) (3)
10 years from 05/01/2018 (4)
£20,900
-
Hadham House 2nd Floor Lower
Second
Office
48.58
(523)
DOTMATICS LIMITED (wholly owned by Siemens AG) (3)
12 years from 30/09/2018 (4)
£10,460
30/09/2027
Hadham House 2nd Floor Upper
Second
Office
99.59
(1,072)
DOTMATICS LIMITED (wholly owned by Siemens AG) (3)
13 years from 25/09/2018 (4)
£21,440
25/09/2025 25/09/2028
Total
500.25
(5,385)
£135,160
(1) The lease provides a Tenant option to determine on 19/03/2030. (2) The lease provides a Tenant option to determine on 27/04/2030. (3) Dotmatics is a Boston based R&D scientific software company offering a cloud-based data management platform to 125 countries (www.dotmatics.com). In July 2025 Siemens AG announced that it had completed the acquisition of Dotmatics, a leading provider of Life Sciences R&D software headquartered in Boston and portfolio company of global software investor Insight Partners, for an enterprise value of $5.1 billion (www.seimens.com) (4) The lease is outside of the security of tenure provisions of the Landlord and Tenant Act 1954
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
