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£26,500 pa

(£22.51/sq. ft. pa)

Retail premises to let

97-98 Bancroft, Hitchin, Hertfordshire SG5
1,177 sq. ft

£26,500 pa

(£22.51/sq. ft. pa)

Retail premises to let
97-98 Bancroft, Hitchin, Hertfordshire SG5

    • 1,177 sq. ft

About this property

    Description

    The subject property is arranged over ground and first floor and was formerly formed of two shops, having now been interconnected to provide a larger retail area. The property benefits from the following:


    • Pavement-lined entrance.
    • Twin bay windows with internal security shutters for No.98.
    • Twin single entrances.
    • Storeroom.
    • Kitchenette.
    • WC.
    • Two first floor rooms for use as offices, storage or ancillary retail.
    • Small rear courtyard.


    Location

    Hitchin is a thriving market town in the home county of Hertfordshire. The subject property is situated on Bancroft, which forms one of the main retail areas in Hitchin town centre, benefitting from good footfall and passing traffic. The surrounding area consists predominantly of commercial premises, with a mixture of local, regional and national businesses within proximity. Sainsbury's carpark is immediately behind the property.

    Terms

    The property is available upon a new lease for £26,500 per annum exclusive.

    Rateable Value

    The Rateable Value for the subject premises are as follows (please note this is not rates payable): 97 = £12,250 and 98 = £13,000.

    Legal Costs

    Each party to bear their own legal and professional costs.

    VAT

    Unless otherwise stated, all costs are subject to VAT at the appropriate rate, if applicable. We are advised by the client that the property is not elected for VAT.

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