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Shops to let in Retail & Shopping Parks in Hertfordshire
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Information about retail space in Hertfordshire
1 shop for sale
9 available shops for rent
9 available retail park units
Average annual rent £28,500
Top listed agent Harvey Spack Field
Latest retail news in Hertfordshire
Hertfordshire Hollywood delayed as film studio construction put on hold
3 July 2023
A contractor responsible for a £600m Hertfordshire film studio has stood down its supply chain, as the development comes to a halt. The owners of Hollywood's Sunset Studios, Blackstone and Hudson Pacific, purchased the 90-acre site in Broxbourne to expand its filming and production capabilities on the other side of the pond. They had signed pre-construction agreements with contractor ISG late last year.
Green light for £500m Hertfordshire mixed-use development
4 June 2023
A £500m mixed-use development in Cheshunt, Hertfordshire has been granted planning permission by the Borough of Broxbourne Council. Named Brookfield Riverside, the development looks to create a new town centre for the borough and is expected to consist of up to 315,000 sq ft of retail space, 250,000 sq ft of leisure and F&B space, public realm improvements, 160,000 sq ft of offices, around 250 homes and 100 assisted living units, and a 2,000-space car park.
LXi REIT offloads St Albans retail park for £31m
5 June 2023
LXi REIT has completed the sale of a St Albans retail park to an unnamed UK pension fund for £31m. Griffiths Retail Park is currently let to B&Q, Aldi, and Costa Coffee, and has a weighted average unexpired lease term of 18 years. The real estate investment trust acquired the property in 2019 for £24m, meaning the sale produced a net initial yield of 4.7%. LXi REIT said the sale was in line with the book value as of March 31, and generates an "attractive" 11% annual rate of return.