Shop

TO BE SOLD BY ONLINE AUCTION AS LOT 18 ON THURSDAY 7 DEC 2023 - Leasehold Shop and Two Self-Contained Flat Investments

By Order of Executors

North Hertfordshire District Council

Situate on Eastcheap, in the heart of Letchworth Garden City Town Centre and travelling facilities including Letchworth Garden City Train Station. Norton Common is also nearby.

A Terrace Shop and Two Self-Contained Flats with accommodation arranged on Three Floors comprising:

Self-Contained Second Floor Flat

• Living Room
• Kitchen
• Bedroom
• Bathroom/WC

Let on an Assured Shorthold Tenancy Agreement producing £10,200 per annum.

EPC Rating: C

Self-Contained First Floor Flat

• Living Room
• Kitchen
• Bedroom
• Bathroom/WC

Let on an Assured Shorthold Tenancy Agreement producing £10,200 per annum.

EPC Rating: D

Ground Floor Shop

• Retail Premises approximately 133.28 sq m

Let to Subway Realty Ltd. on a full repairing and insuring lease for a term of 15 years from 23rd April 2010 at a current rent of £19,750 per annum.

Leasehold for a term of 125 years from 29th September 1988 at a peppercorn ground rent.

Commercial EPC Rating: C

Note: Not measured by McHugh & Co. The floor areas stated have been sourced from the VOA Website.

Producing: £40,150 per annum

Inspection: By arrangement with the Auctioneers