£550,000
(£278.34/sq. ft)
Retail premises for saleRailway Street, Hertford SG14
1,976 sq. ft
About this property
Considered a landmark town centre building, 27-29 Railway Street is arranged over basement, ground and two upper floors.
The ground floor retail premises is let to Mr Barber Shops Limited with guarantors.
The first and second floors are fully self contained and comprise 6 rooms with vacant possession.
Basement - 522 sq ft
Shop (from ratings website) - 504 sq ft
First floor - 477 sq ft
Second floor - 473 sq ft
Total - 1,976 sq ft
All floor areas and dimensions are approximate.
The open plan basement has full height headroom and is with vacant possession.
The shop has been well fitted, cared for and maintained by the current occupiers who operate a barbers business.
The first and second floors comprise 6 individual rooms to include toilet and kitchen facilities. These upper floors were most recently used for multi let offices although would equally suit conversion to residential. The majority of rooms have electric wall heaters, carpeting, lighting and security entry phone system. The fire alarm system is untested.
Tenancies: The ground floor shop is let to Mr Barber Shops Limited with 3 guarantors for a term of 10 years from 16 November 2017 on full repairing and insuring terms at the current passing rent of £22,000 per annum exclusive. There is a rent review in November 2022.
All other parts of the building are to be sold with vacant possession.
The ground floor retail premises is let to Mr Barber Shops Limited with guarantors.
The first and second floors are fully self contained and comprise 6 rooms with vacant possession.
Basement - 522 sq ft
Shop (from ratings website) - 504 sq ft
First floor - 477 sq ft
Second floor - 473 sq ft
Total - 1,976 sq ft
All floor areas and dimensions are approximate.
The open plan basement has full height headroom and is with vacant possession.
The shop has been well fitted, cared for and maintained by the current occupiers who operate a barbers business.
The first and second floors comprise 6 individual rooms to include toilet and kitchen facilities. These upper floors were most recently used for multi let offices although would equally suit conversion to residential. The majority of rooms have electric wall heaters, carpeting, lighting and security entry phone system. The fire alarm system is untested.
Tenancies: The ground floor shop is let to Mr Barber Shops Limited with 3 guarantors for a term of 10 years from 16 November 2017 on full repairing and insuring terms at the current passing rent of £22,000 per annum exclusive. There is a rent review in November 2022.
All other parts of the building are to be sold with vacant possession.
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