Former Works store on Bancroft now listed to let: Hitchin town centre site available to rent for £120,000 a year

By Layth Yousif

1st Feb 2024 | Local News

Former Works store on Bancroft now listed to let: Hitchin town centre site available to rent for £120,000 a year. PICTURE: The former Works site on Bancroft. CREDIT: Hitchin Nub News
Former Works store on Bancroft now listed to let: Hitchin town centre site available to rent for £120,000 a year. PICTURE: The former Works site on Bancroft. CREDIT: Hitchin Nub News

As Hitchin Nub News reported last summer, the reason why a national chain made the decision to leave Hitchin was due to high rents.

The Works, a retailer of value gifts, arts, crafts, toys, books and stationery, closed its doors for good towards the end of August, 2023.

As we stated at the time, according to a well-placed source at the store, the company failed to renegotiate its Bancroft lease with its landlord, forcing the store to close its doors for good on Friday, August 25.

Along with plenty of others in Hitchin town centre the site has been empty ever since.

However, the site at 11a Bancroft has now been listed for let, with the 3,704 sqft unit now on the market, listed by S.R. Wood & Son - and can be let for £120,000 per annum.

Hitchin Nub News spoke to a retailer in our town centre who scoffed: "Good luck with finding a willing partner at that price in the current climate - no wonder so many shops are empty."

RELATED ARTICLE

Update: Well-known High Street store set to shut for good in Hitchin town centre - The Works confirm reason why they are closing Bancroft shop

     

New hitchin Jobs Section Launched!!
Vacancies updated hourly!!
Click here: hitchin jobs

Share:

Related Articles

Chester the 12-year-old chihuahua is full of puppy-like energy again following lifesaving surgery to remove a tumour at Davies Veterinary Specialists in Hertfordshire.
Local News

Pet owner's praise as Hitchin vets save beloved dog

Labour MP for Hitchin, Alistair Strathern leading the debate (image via Parliament Live)
Local News

Parliamentary SEND debate 'too short and didn’t really achieve anything' says leading Herts councillor

Sign-Up for our FREE Newsletter

We want to provide hitchin with more and more clickbait-free local news.
To do that, we need a loyal newsletter following.
Help us survive and sign up to our FREE weekly newsletter.

Already subscribed? Thank you. Just press X or click here.
We won't pass your details on to anyone else.
By clicking the Subscribe button you agree to our Privacy Policy.