£570,000
Retail premises for sale
Property photos
Just added
Auction
Freehold
Guide price
£570,000
Retail premises for sale
120-122 High Street, Hoddesdon, Hertfordshire EN11Local area information
Property location
Nearby amenities
- St Catherine's Hoddesdon CofE Primary School 0.1 miles
- St Augustine's Catholic Primary School 0.3 miles
- Rye House 0.9 miles
- Broxbourne 1 mile
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Hoddesdon and Broxbourne to find out more about the local area.
Features and description
- Freehold
For sale by auction 4th June 2026 at 12:00 £570,000 plus
freehold commercial investment & ground rent - producing £59,675 P.A.
Location & Description
A substantial 3 storey property arranged as two ground floor shops with separate front access to 9 flats above (sold on long leases).
Occupying a prominent trading position within the heart of the town centre on this part pedestrianised High Street where nearby multiple retailers include Peacocks, Caff Nero and the Post Office amongst others.
Hoddesdon is a popular market town about 5 miles from Hertford and 20 miles from Central London.
Accommodation
120 High Street: 2,284 sq ft (212.2 sq m)
122 High Street: 1,319 sq ft (122.5 sq m)
Flats 1-9 Lawnstore Court: Not inspected
Tenancy Details
120 High Street: Let on a repairing and insuring lease to Savers Health and Beauty Ltd for 5 years from 16.03.2026 at £34,225 p.a. Tenant break on 16.03.2029 subject to 6 months' notice.
122 High Street: Let on a repairing and insuring lease to Specsavers Optical Superstores Ltd for 5 years from 27.05.2023 at £23,650 p.a.
Flats 1-9 Lawnstore Court: Each sold on a 125 year lease from 01.01.2006 at a current ground rent of £200 p.a. The rent is to be doubled every 25 years for 7 of the 9 flats.
Note
1. We understand that Specsavers have traded from the property since 2005 and have about 970 branches.
2. We understand that Savers have traded from the property since 2005 and have over 500 branches.
Auction Surveyor: Robert Woolfe
Contact:
Producing £59,675 P.A.
EPC Rating
120 High Street = B 122 High Street = C
freehold commercial investment & ground rent - producing £59,675 P.A.
Location & Description
A substantial 3 storey property arranged as two ground floor shops with separate front access to 9 flats above (sold on long leases).
Occupying a prominent trading position within the heart of the town centre on this part pedestrianised High Street where nearby multiple retailers include Peacocks, Caff Nero and the Post Office amongst others.
Hoddesdon is a popular market town about 5 miles from Hertford and 20 miles from Central London.
Accommodation
120 High Street: 2,284 sq ft (212.2 sq m)
122 High Street: 1,319 sq ft (122.5 sq m)
Flats 1-9 Lawnstore Court: Not inspected
Tenancy Details
120 High Street: Let on a repairing and insuring lease to Savers Health and Beauty Ltd for 5 years from 16.03.2026 at £34,225 p.a. Tenant break on 16.03.2029 subject to 6 months' notice.
122 High Street: Let on a repairing and insuring lease to Specsavers Optical Superstores Ltd for 5 years from 27.05.2023 at £23,650 p.a.
Flats 1-9 Lawnstore Court: Each sold on a 125 year lease from 01.01.2006 at a current ground rent of £200 p.a. The rent is to be doubled every 25 years for 7 of the 9 flats.
Note
1. We understand that Specsavers have traded from the property since 2005 and have about 970 branches.
2. We understand that Savers have traded from the property since 2005 and have over 500 branches.
Auction Surveyor: Robert Woolfe
Contact:
Producing £59,675 P.A.
EPC Rating
120 High Street = B 122 High Street = C
More information
Listed by
Strettons Auctions - Commercial
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