Non quoting
Retail premises for sale
Property photos
Just added
Non quoting
Retail premises for sale
High Street, Hoddesdon EN111,648 sq. ft
Local area information
Property location
Nearby amenities
- St Catherine's Hoddesdon CofE Primary School 0.1 miles
- St Augustine's Catholic Primary School 0.3 miles
- Rye House 0.9 miles
- Broxbourne 1 mile
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Hoddesdon and Broxbourne to find out more about the local area.
Features and description
Description: A ground floor take-away restaurant and retail premises to a maximum built depth of 83’ 4” and to total 1,648 sq ft as part of a strong retail terrace overlooking the town square and war memorial.
At first and second floor above there are 2 x one bed and 1 x two bed flats, 2 of which require improvement to facilitate rental uplift.
Tenancies: The ground floor commercial parts are let on an effective Fri lease to expire 15/07/36 without further break at the current rent of £35,000 pax rising to a minimum of £46,779 pax at the 16/07/26 review. A £21,000 rent security deposit is held. This is a protected lease.
Flat 1 - A one bedroom flat in good condition let for a term to expire 11/12/26 at the current rent of £11,700 per annum.
Flat 2 - A two bedroom flat requiring upgrade let on a rolling term at the current rent of £9,600 per annum. Suggested erv after refurbishment - £15,000 per annum.
Flat 3 - A one bedroom flat requiring refurbishment let on a rolling term at the current rent of £7,800 per annum. Suggested erv post refurbishment - £12,000 per annum.
Shop - £35,000 pax with uplift to £46,779 pax
Flat 1 - £11,700 pa - (erv £12,000 pa)
Flat 2 - £9,600 pa (erv £15,000 pa - post refurb)
Flat 3 - £7,800 pa (erv £12,000 pa - post refurb)
Total - £64,100 pax with potential uplifts to £85,779 pax
At first and second floor above there are 2 x one bed and 1 x two bed flats, 2 of which require improvement to facilitate rental uplift.
Tenancies: The ground floor commercial parts are let on an effective Fri lease to expire 15/07/36 without further break at the current rent of £35,000 pax rising to a minimum of £46,779 pax at the 16/07/26 review. A £21,000 rent security deposit is held. This is a protected lease.
Flat 1 - A one bedroom flat in good condition let for a term to expire 11/12/26 at the current rent of £11,700 per annum.
Flat 2 - A two bedroom flat requiring upgrade let on a rolling term at the current rent of £9,600 per annum. Suggested erv after refurbishment - £15,000 per annum.
Flat 3 - A one bedroom flat requiring refurbishment let on a rolling term at the current rent of £7,800 per annum. Suggested erv post refurbishment - £12,000 per annum.
Shop - £35,000 pax with uplift to £46,779 pax
Flat 1 - £11,700 pa - (erv £12,000 pa)
Flat 2 - £9,600 pa (erv £15,000 pa - post refurb)
Flat 3 - £7,800 pa (erv £12,000 pa - post refurb)
Total - £64,100 pax with potential uplifts to £85,779 pax
More information
Listed by
Paul Wallace Commercial
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Paul Wallace Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Paul Wallace Commercial for full details and further information.