4/4A Kneesworth Street, Royston, Hertfordshire, SG8
£202.02 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,475 sq ft
230 sq m
- SECTOR
High street retail property for sale
- USE CLASSUse class orders: Class E
E
Key features
- Comprises ground floor shop let to Coral (No. 4A)
- Vacant ground floor shop and a vacant upper parts above both shops (No.4)
- Residential development potential STTP
- VAT is NOT applicable to this property
- Situated in the heart of the town centre within 10min walk from Royston Train station
- Retail occupiers nearby including Lloyds Bank, Costa Coffee, Domino`s Pizza, Boots and more
Description
Rental Income: £15,000 p.a.
Ground Floor Retail ERV: £38,000 p.a. GIY: 7.60%
VAT is NOT applicable to this property
Comprises ground floor shop let to Coral (No. 4A), vacant ground floor shop (No.4) and a vacant upper parts above both shops, providing residential development potential STTP
Situated in the heart of the town centre within 10min walk from Royston Train station providing direct and regular services to London King`s Cross, Cambridge and Brighton
Retail occupiers nearby including Lloyds Bank, Costa Coffee, Domino`s Pizza, Boots and more
Property Description:
Comprises ground floor shop let to Coral (No. 4A), vacant ground floor shop (No.4) and a vacant upper parts (former offices) above both shops, providing the following accommodation and dimensions:
Ground Floor: 141 sq m (1,519 sq ft)
Shop No. 4A: 63 sq m (683 sq ft)
Open plan retail, storage, office, wc
Shop No.4: 78 sq m (836 sq ft)
Open plan retail, office, storage, wc
First Floor: 88 sq m (956 sq ft)
Vacant offices
Total GIA: 229 sq m (2,475 sq ft)
Residential development potential for 2 self-contained flats at first floor and 1 studio flat in the loft space. Adjoining building has been entirely converted into residential, providing further development potential of the ground floor shop, subject to planning.
Tenancy:
Shop No.4A is at present let to Coral Racing Limited for a term of 10 Years from 1st September 2010 (holding over) at a current rent of £15,000 per annum and the lease contains full repairing and insuring covenants. Tenant confirmed they will renew lease at the same rent. Shop No.4 is at present vacant. ERV: £23,000 p.a.
Location:
Royston is a town and civil parish in the District of North Hertfordshire. The property is situated in the heart of the town centre with retail occupiers nearby including Lloyds Bank, Costa Coffee, Domino`s Pizza, JD Wetherspoon, Boots Pharmacy and many more. Royston Train station is situated 10min walk away, providing direct and regular services to London King`s Cross (50min), Cambridge (15min) and Brighton (2h 11min).
Brochures
4/4A Kneesworth Street, Royston, Hertfordshire, SG8
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Royston Station0.3 miles
- Meldreth Station3.2 miles
- Ashwell & Morden Station3.9 miles
About Blue Alpine, London
54 Welbeck Street, London W1G 9XS
Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.
Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can a
Notes
Disclaimer - Property reference roystoncoral. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Blue Alpine, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Map data ©OpenStreetMap contributors.