Property for sale

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Property for sale

L-545041 - Investment & Development Opportunity, 14 -15, 16 & 17 Bancroft, Hitchin SG5 1JQ
£3,500,000

Our Summary

  • Development opportunity - The two upper floors above White Stuff and Gail’s are accessed from the car park and unencumbered by the existing leases
  • There is a large void at first floor roof level which could be developed in line with the indicative advice based on six residential flats being created
  • Upper floors available with Vacant Possession for development (STPP)

Description

This investment sale comprises a mixed-use property in Hitchin, featuring a car park with 35 spaces, as well as various retail units including White Stuff, Gail's Bakery, Craft & Cleaver, and more. The property offers a development opportunity, with the two upper floors above White Stuff and Gail's currently unencumbered by existing leases. The first-floor roof level has a large void that could be developed into six residential flats, subject to indicative advice. The property is being sold as a single or multiple lots, providing a unique investment opportunity for buyers.
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