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1 The New Arcade, The Marquee Centre, Railway Street

1 The New Arcade, TheMarquee Centre, Railway Street
Hertford, SG14 1SH

Use Class E

4,305 sq ft

£60,000

Use Class

E

Size

4,305 sq ft

Rent pa

£60,000

Marketed by Smith Price RRG

Last updated 14/06/2021
1 The New Arcade, The Marquee Centre, Railway Street
The subject premises are located on Railway Street, between Hertford East Station and the town centre.  The property is situated adjacent to Anytime Fitness.  There is a variety of multiple and local independent bars and restaurants in the immediate vicinity as well as local independent beauty salons and estate agents directly opposite.
Hertford is in the county town of Hertfordshire and is located 24 miles north of London, 6 miles south of Stevenage and 8 miles east of St Albans.

Tenure

Leasehold

Accommodation

Accommodation details below:

Areas

sq ftsq m
Ground Floor4,305399

Financial

Lease Type

Existing Lease

Lease Term

The premises are held by way of an effective FRI lease expiring on 10th July 2027 subject to an upward only rent review with effect 11th July 2022 to Open Market Value capped at no more than £67,884, at a current rental of £60,000 p.a. excl.   Offers are invited on an assignment or underlease basis with terms available upon request.

Rates

Rates payable may be subject to transitional relief and interested parties are advised to make their own enquiries to the Business Rates Department of East Herts District Council – Tel: 01279 655 261

Rateable Year:2020
Rateable Value:£26,500.00
Rates Payable:--
UBR:--

Last Updated

14/06/2021

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

All data ©2021 Completely Property Technology Limited

Smith Price RRG

Smith Price RRG

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