Guide price
£570,000
Retail premises for sale120-122 High Street, Hoddesdon, Hertfordshire EN11
Auction
Freehold
About this property
For sale by auction 16th April 2026 at 12:00 £570,000 plus - premliminary announcement - due to be offered in our 4th June auction
freehold commercial investment & ground rent - producing £59,675 P.A.
Location & Description
A substantial 3 storey property arranged as two ground floor shops with separate front access to 9 flats above (sold on long leases).
Occupying a prominent trading position within the heart of the town centre on this part pedestrianised High Street where nearby multiple retailers include Peacocks, Caff Nero and the Post Office amongst others.
Hoddesdon is a popular market town about 5 miles from Hertford and 20 miles from Central London.
Accommodation
120 High Street: 2,284 sq ft (212.2 sq m)
122 High Street: 1,319 sq ft (122.5 sq m)
Flats 1-9 Lawnstore Court: Not inspected
Tenancy Details
120 High Street: Let on a repairing and insuring lease to Savers Health and Beauty Ltd for 5 years from 16.03.2026 at £34,225 p.a. Tenant break on 16.03.2029 subject to 6 months' notice.
122 High Street: Let on a repairing and insuring lease to Specsavers Optical Superstores Ltd for 5 years from 27.05.2023 at £23,650 p.a.
Flats 1-9 Lawnstore Court: Each sold on a 125 year lease from 01.01.2006 at a current ground rent of £200 p.a. The rent is to be doubled every 25 years for 7 of the 9 flats.
Note
1. We understand that Specsavers have traded from the property since 2005 and have about 970 branches.
2. We understand that Savers have traded from the property since 2005 and have over 500 branches.
Auction Surveyor: Robert Woolfe
Contact:
Producing £59,675 P.A.
EPC Rating
120 High Street = B 122 High Street = C
freehold commercial investment & ground rent - producing £59,675 P.A.
Location & Description
A substantial 3 storey property arranged as two ground floor shops with separate front access to 9 flats above (sold on long leases).
Occupying a prominent trading position within the heart of the town centre on this part pedestrianised High Street where nearby multiple retailers include Peacocks, Caff Nero and the Post Office amongst others.
Hoddesdon is a popular market town about 5 miles from Hertford and 20 miles from Central London.
Accommodation
120 High Street: 2,284 sq ft (212.2 sq m)
122 High Street: 1,319 sq ft (122.5 sq m)
Flats 1-9 Lawnstore Court: Not inspected
Tenancy Details
120 High Street: Let on a repairing and insuring lease to Savers Health and Beauty Ltd for 5 years from 16.03.2026 at £34,225 p.a. Tenant break on 16.03.2029 subject to 6 months' notice.
122 High Street: Let on a repairing and insuring lease to Specsavers Optical Superstores Ltd for 5 years from 27.05.2023 at £23,650 p.a.
Flats 1-9 Lawnstore Court: Each sold on a 125 year lease from 01.01.2006 at a current ground rent of £200 p.a. The rent is to be doubled every 25 years for 7 of the 9 flats.
Note
1. We understand that Specsavers have traded from the property since 2005 and have about 970 branches.
2. We understand that Savers have traded from the property since 2005 and have over 500 branches.
Auction Surveyor: Robert Woolfe
Contact:
Producing £59,675 P.A.
EPC Rating
120 High Street = B 122 High Street = C
Mortgage calculator
Monthly repayment
£2,851 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}