Retail premises to let in 92 Bancroft, Hitchin, Hertfordshire SG5

Description

The ground floor retail premises is Listed, being mid-terrace and pavement lined. It benefits from the following.

• Double timber frontage.


• Sales area.


• Rear store (with rear access).


• Single WC.


• Concertina security shutters.


• 1 allocated parking space to the rear.


• Additional parking subject to charge.

Location

Bancroft forms one of the main retail areas within the bustling and affluent town centre. Within the vicinity are a number of regional and national businesses.

Terms

Available upon a new iri lease for a term to be agreed at £19,500 per annum exclusive.

Legal Costs

Each party to bear their own legal costs incurred.

VAT

Plus V.A.T. At the appropriate rate if applicable.

Rateable Value

The Rateable Value of this property is £12,500 (please note that this is not rates payable).

Subject to certain conditions, you will not pay Business Rates on a property with a Rateable Value of £12,000.00 or less. For properties with a Rateable Value of £12,001.00 to £15,000.00 the rate relief will go down gradually from 100% to 0%, i.e. If your Rateable Value is £13,500.00 you will get a 50% reduction off your bill.