(possession available by april 2018)
8 Week Completion
In this pedestrianised thoroughfare between Market Street and the picturesque Salisbury Square in the heart of this historic market town, opposite the Bircherley Green Shopping Centre and amongst such multiples as Caffé Nero, Monsoon, Accessorize, Toni & Guy, EE, Greggs, Specsavers, WH Smiths, Barclays and many other independent retailers.
Hertford is located approximately 22 miles north of central London, 11 miles north east of St. Albans and 11 miles south west of Bishop's Stortford, enjoying excellent road access to the A1(M) (Junction 4) and also the A10, via the A414. Hertford East Station (Mainline), close to the town centre, provides a regular direct train service to London Liverpool Street, with a journey time of 50 minutes.
A Grade II Listed mid-terrace block of property arranged as follows:
• No 8: comprises a Ground Floor Shop with Basement plus internal access to Ancillary Storage on 2 upper floors.
• No 10: comprises a Ground Floor Shop with Basement Photographic Studio plus internal access to Ancillary Office/Storage on 3 upper floors plus a rear courtyard.
• No 12: comprises a Ground Floor Shop with Basement plus internal access to Ancillary Storage on 3 upper floors plus a rear courtyard.
VAT is NOT applicable to this Lot
Planning Permission and Listed Buildings Consent was granted on 1st June 2015 by East Herts Council (Tel: 01279 655 261) for “The alteration and extension of retail units and conversion and extension of the upper floors to form 7 no. apartments” (Planning Refs: 3/15/0700/FUL and 3/15/0701/LBC).
According to the approved plans, once constructed the conversion will provide a new front access to form 3 × 2 Bed Flats (one duplex) and 4 × 1 Bed Flats planned on first, second and third floors, either with a single open plan Ground Floor Retail Unit or 2 separate Retail Units.
There could be potential to increase the size of the building by extending into the courtyard area, subject to planning.
Planning Permission documentation and Floor Plans are available from the Auctioneers.