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6-8 Old Cross

3,422 SF 100% Leased Retail Building Hertford SG14 1RB $1,056,137 ($309/SF) 6.55% Cap Rate

Investment Highlights

  • This property is located in the centre of historic Hertford, close to Mill Bridge on the River Lea
  • The property also has excellent road links to both the A10 and M25
  • The property is very well located in respect of public transport communications with Hertford East Railway Station

Executive Summary

Attractive Freehold Grade II Listed Property comprising two commercial elements and two flats.
Fully let producing a passing income of £55,700 pa. Scope to increase the rents from the flats.
Excellent location in the centre of historic Hertford. Pleasant situation set back from the main roads and only 550m from Hertford East Railway Station.

Attachments

6-8 Old Cross

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
3,422 SF
Year Built
1600
Price
$1,056,137
Price Per SF
$309
Cap Rate
6.55%
NOI
$69,208
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.36
Lot Size
0.06 AC
Frontage
47 FT on Old Cross

Amenities

  • Restaurant

Nearby Major Retailers

Caffe Nero
Santander
Lloyds Bank
Loch Fyne Seafood & Grill
ALDI
Prezzo
National Westminster Bank Plc
Barclays
Quattro Loung
Anytime Fitness
  • Listing ID: 34282760

  • Date on Market: 12/24/2024

  • Last Updated:

  • Address: 6-8 Old Cross, Hertford SG14 1RB

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