The property is situated two doors away from Sainsburys as well as amongst many independent retailers and food outlets on a busy main road.
This former Costa Coffee unit is approximately 1457 sq ft and is presented in excellent order.
Benefitting from Use Class E it is suitable for a variety of occupiers subject to Landlord and Local Authority consent.
Available by way of an assignment of the existing lease dated 01.02.18 for a term of fifteen years until 01.02.33 at a passing rent of £22,000 per annum exclusive. There are rent reviews every five years.
We understand from the Valuation Office website that the Rateable Value from 1st April 2026 will be £22,500. Interested parties are encouraged to make their own enquiries with Broxbourne Council.
If you are looking to dispose of premises then we can assist you on both a leasehold and freehold basis.
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As a Landlord or Tenant if you wish to discuss an upcoming review or renewal with us without any obligation then please feel free to contact us.
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Do you have a building or estate that may not be realising as much income as possible?
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We manage a wide variety of commercial buildings throughout the UK
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Often, we manage to secure properties that are “off market” and we manage to identify them prior to them becoming publicly available.
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Would you like to release capital and remain in occupation of your premises?
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We can assist you with disposing of any sites that may be suitable for redevelopment for either commercial or residential end users.
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As of April 2018, Minimum Energy Efficiency Standards (MEES) are now imposed on commercial properties throughout England and Wales that are to be sold or let.
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