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11a Bancroft, Hitchin, SG5 1JQ

  • Retail
  • 2,659 sq ft
  • To Let
11a Bancroft, Hitchin, Retail To Let - 11a Bancroft external.jpg
11a Bancroft, Hitchin, Retail To Let - shop internal 1
11a Bancroft, Hitchin, Retail To Let - shop internal 2
11a Bancroft, Hitchin, Retail To Let - shop internal 3
11a Bancroft, Hitchin, Retail To Let - storage 1
11a Bancroft, Hitchin, Retail To Let - storage 2
11a Bancroft, Hitchin, Retail To Let - rear access
11a Bancroft, Hitchin, Retail To Let - 11a floorplan.jpg
11a Bancroft, Hitchin, Retail To Let - Hitchin Bancroft 1
11a Bancroft, Hitchin, Retail To Let - Hitchin Bancroft 2
11a Bancroft, Hitchin, Retail To Let - Hitchin High St
Property Type Retail
Tenure To Let
Size 2,659 sq ft
Rent £70,000 per annum
Energy Performance Rating This property has been graded as B (27)

Prime Town Centre Retail Space

Key Features

  • Prime Town Centre Location
  • Affluent Market Town
  • Prominent Shop Front
  • Rear Loading
  • “No.1 town to live in Hertfordshire 2025” - Muddy Stilettos

Description

The property comprises a large retail space which is in the process of being sub-divided into two smaller units (11a Bancroft and 11b Bancroft). 11a Bancroft totals 2,659 sqft (247 m2). Once construction works are complete, the property will benefit from:

- New shop front
- Open plan layout
- Split level floor (ramped)
- Staff/break-out space to the rear
- Disabled WC
- Rear loading

Location

Hitchin is an attractive and affluent market town in the home county of Hertfordshire, benefiting from good public parking provisions, road links to the A1(M) and a mainline train station with frequent and high speed services to both Cambridge and London King’s Cross.

The subject property occupies a prominent position within Hitchin’s primary retail core. In addition to the many independent businesses within proximity, here are just a few of the town centre’s notable names:

M&S, Waitrose, Gails Bakery, Starbucks, Café Nero, WHSmith, Superdrug, Boots, Pure Gym, Crew Clothing, Olivia Bonas, The White Company, Fat Face, Next, Hotel Chocolate, etc.

Terms

The property is available by way of a new full repairing and insuring (FRI) lease for: £70,000 per annum exclusive.

Rateable Value

The rateable value will need to be reassessed following completion of sub-division works.

VAT

Plus VAT at the appropriate rate.

Costs

Each party is to bear its own costs incurred.

EPC

The current EPC is rated 27 in band ‘B’. It is anticipated that the EPC will not materially change once sub-division works are complete.