Sorbon Estates is pleased to announce the acquisition of 162-166 High Street, Berkhamsted, formerly occupied by Costa Coffee. This purchase, from private vendors, marks a significant milestone as it completes the site assembly of 162-192 High Street. The assembled site spans approximately 1.5 acres and includes a prominent retail parade featuring well-known brands such as Boots, Superdrug, Waterstones, and Fat Face.
Sorbon Estates has ambitious plans for the property, including a comprehensive refurbishment and extension. The proposed development will significantly enhance the existing elevations with the addition of two new upper floors and a rear extension, introducing a mix of retail and residential space. The project is set to deliver approximately 70 high-quality apartments, further contributing to Berkhamsted’s vibrant town centre.
This acquisition aligns with Sorbon Estates’ ongoing strategy to invest in and develop high-quality commercial and residential properties across the South East. The company remains actively engaged in seeking a diverse range of investment and development opportunities to support the growth and regeneration of key locations.
For further information about this acquisition or to discuss potential opportunities, please contact our Investment team.