Co-Operative Convenience Store, 13-15 Cole Green Lane, Welwyn Garden City, Hertfordshire, AL7 3PP

GBP 1200000 For Sale

Property Details

Property Type

N/A

Description

Property Details: • Type: N/A • Tenure: N/A • Floor Area: N/A

Key Features: • FOR SALE BY AUCTION 12TH FEBRUARY 2026 • Entirely let to Co-operative Foodstores Ltd (guaranteed by Co-Operative Group Food Ltd) • Let by way of a reversionary lease expiring in 2036 (subject to option) • RPI linked rent review in 2029 & 5 yearly thereafter (2% min & 5% max) • Comprising 5 interconnecting shops and first floor ancillary accommodation • Total GIA approx. 762.25 sq. m. (8,205 sq. ft.) • Nearby occupiers include Papa Johns, Boots, Medivet, Betfred and Ladbrokes • VAT-free Investment • Rental income £100,000 per Annum

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 14 St. Christophers Place, London, W1U 1NH

Full Description: Situation The property is located on Cole Green Lane, a well-known neighbourhood retail parade serving the surrounding residential area to the east of the town centre. The location benefits from strong local footfall and passing traffic, with Welwyn Garden City Railway Station providing regular mainline services to London King's Cross in approximately 25 minutes. Nearby occupiers include Papa Johns, Boots, Medivet, Betfred and Ladbrokes amongst a wide range of local businesses.

Tenure Virtual Freehold. Held on a lease for 999 years from 25th March 1996 at a peppercorn rent

Description The property comprises 5 interconnecting shops on the ground floor and first floor ancillary accommodation. Please note that the tenant also occupies & trades from 17 Cole Green Lane which is not included in the property to be sold.

The property benefits from service access to the rear.

VAT VAT is not applicable to this lot.

EPC The EPC will be available to view online in the solicitor's legal pack.

For further information, to register your interest in this property and download the legal pack, please visit the Acuitus website.

Location

Address

Co-Operative Convenience Store, 13-15 Cole Green Lane, Welwyn Garden City, Hertfordshire, AL7 3PP

City

Welwyn Garden City

Features and Finishes

FOR SALE BY AUCTION 12TH FEBRUARY 2026, Entirely let to Co-operative Foodstores Ltd (guaranteed by Co-Operative Group Food Ltd), Let by way of a reversionary lease expiring in 2036 (subject to option), RPI linked rent review in 2029 & 5 yearly thereafter (2% min & 5% max), Comprising 5 interconnecting shops and first floor ancillary accommodation, Total GIA approx. 762.25 sq. m. (8,205 sq. ft.), Nearby occupiers include Papa Johns, Boots, Medivet, Betfred and Ladbrokes, VAT-free Investment, Rental income £100,000 per Annum

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Real Estate Broker
Acuitus Limited, Acuitus
Brokerage
Acuitus Limited, Acuitus
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