£490,000
(£322.79/sq. ft)
Retail premises for saleFore Street, Hertford SG14
1,518 sq. ft
About this property
A former Grade II listed inn now trading as a café at ground floor level with self contained residential units above.
Basement - Unmeasured
Ground floor retail - 1,518 sq ft
First floor 1 bedroom flat - 452 sq ft
First floor studio apartment - 388 sq ft
Second floor 2 bedroom flat - 818 sq ft
All dimensions and floor areas are approximate.
Tenancies: The ground floor and basement parts are let to The Mudlarks Community, a Hertford based charity which supports adults and young people with learning disabilities.
All 3 upper floor residential dwellings are each sold on 150 year long leases.
The Mudlarks retail/café rental is set at £32,500 per annum exclusive on a lease for 10 years and to expire 28 April 2030 on an Act excluded lease.
The current cumulative ground rental income from the flats is £550 per annum subject to 25 yearly rpi rent reviews.
Basement - Unmeasured
Ground floor retail - 1,518 sq ft
First floor 1 bedroom flat - 452 sq ft
First floor studio apartment - 388 sq ft
Second floor 2 bedroom flat - 818 sq ft
All dimensions and floor areas are approximate.
Tenancies: The ground floor and basement parts are let to The Mudlarks Community, a Hertford based charity which supports adults and young people with learning disabilities.
All 3 upper floor residential dwellings are each sold on 150 year long leases.
The Mudlarks retail/café rental is set at £32,500 per annum exclusive on a lease for 10 years and to expire 28 April 2030 on an Act excluded lease.
The current cumulative ground rental income from the flats is £550 per annum subject to 25 yearly rpi rent reviews.
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Monthly repayment
£2,451 per month
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