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Lancaster House Pegs Ln

2,400 SF Vacant Retail Building Hertford SG13 8EG £850,000 (£354/SF)

Investment Highlights

  • Close to local amenities
  • Commercial unit provided to shell condition with outdoor terrace
  • Prominent position on Pegs Lane with high vehicular traffic flow

Executive Summary

Opportunity to purchase the long leasehold interest in this mixed retail and residential property.
The property comprises a self­-contained café unit fitted to shell condition within this new development scheme of 14 luxury apartments. The café has a 3­phase power supply with extensive glazing to the road frontage together with a terrace for customers. The two­ bedroom apartment is on the first floor with a high specification finish throughout and a balcony.

Attachments

Brochure

Property Facts

Sale Type
Owner User
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
2,400 SF
Year Built
2024
Construction Status
Under Construction
Price
£850,000
Price Per SF
£354
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
2
Building FAR
0.42
Lot Size
0.13 AC
Frontage
132 ft on Hale Road

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Ground
  • 2,040 SF
  • Retail
  • In-Line
  • Now

A self­contained café unit fitted to shell condition within this new development scheme of 14 luxury apartments. The café has a 3­phase power supply with extensive glazing to the road frontage together with a terrace for customers. The two­bedroom apartment is on the first floor with a high specification finish throughout and a balcony.

Space Size Space Use Position Available
Ground 2,040 SF Retail In-Line Now

Ground

Size
2,040 SF
Space Use
Retail
Position
In-Line
Available
Now

Ground

Size 2,040 SF
Space Use Retail
Position In-Line
Available Now

A self­contained café unit fitted to shell condition within this new development scheme of 14 luxury apartments. The café has a 3­phase power supply with extensive glazing to the road frontage together with a terrace for customers. The two­bedroom apartment is on the first floor with a high specification finish throughout and a balcony.

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: 28153807

  • Date on Market: 06/04/2023

  • Last Updated:

  • Address: Pegs Ln, Hertford SG13 8EG

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