£490,000

Retail premises for sale

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Just added

£490,000

(£322.79/sq. ft)

Retail premises for sale

Fore Street, Hertford SG14

1,518 sq. ft

Local area information

Property location

Nearby amenities

  • Abel Smith School 0.2 miles
  • Richard Hale School 0.2 miles
  • Hertford East 0.3 miles
  • Hertford North 0.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Hertford to find out more about the local area.

Features and description

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.

More information

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  1. Zoopla
  2. Commercial for sale
  3. Hertfordshire
  4. Hertford
  5. Fore Street