Fleurets Limited says ..

Property Oracle says ..

The property is located on Bancroft in Hitchin, Hertfordshire. This is a high street location with a mix of retail and commercial units. Hitchin benefits from excellent transport links via train to London and other parts of the UK. The area also has a good selection of schools nearby, including highly-rated options like Hitchin Boys’ School. This contributes to a desirable location for both residents and businesses. The provided images show the property to be in good condition. The retail units appear well-maintained and modern, suggesting recent refurbishment or a high standard of upkeep. There is no visible evidence of significant disrepair or the need for major renovation. The property has a plot size of 1,815 sqft. While not explicitly stated as a garden, this suggests there may be some outdoor space associated with the property, although the images do not provide a clear view of this. The list price is £3,500,000. Considering the average price in the area is £491,094 and the average price per sqft is £527, this property is significantly higher. However, the property comprises multiple commercial units in a prime high street location. The higher price reflects the potential rental income from these established businesses and the value of the location itself. Further analysis of comparable commercial properties in Hitchin would be needed to fully assess the price reasonableness.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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