A retail investment for sale, comprising a ground floor retail unit with residential upper part on a long leasehold.
The self-contained property is let and offers future potential to add value in terms of rental income. For details on the tenancy, please refer to the Tenancy Schedule on the particulars or contact the Agent for the lease documents.
The unit is approximately 290 sq ft Net Internal Area and sits close to the town centre and just off the prime shopping area of South Street, where there is a mixture of retail, office, residential and retirement accommodation as well as a selection of cafes and coffee shops. The mainline station is just a three-minute walk away. There is excellent vehicular and pedestrian flow along Newtown Road and South Street, and short-term use parking spaces directly outside the units (approximately 30 minutes – 1 hour).
Bishop’s Stortford is an affluent and expanding market town located on the Hertfordshire and Essex border. It has a population of approximately 41,000, with a new development of 3,000 new homes currently being built.
The town is situated north of London on the M11 corridor, with excellent links by both road and rail, with a 37-minute travel time to London Liverpool Street. Stansted Airport is three miles north east of the town, providing national and European transport links.