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137-139 Marlowes, Hemel Hempstead 137-139 Marlowes, Hemel Hempstead, HP1 1LA
Use Class
E(b)
Size
2,747 sq ft
Rent pa
POA
Price
£525,000
Market Sector
High Street Scheme
Key Features
Prominent position adjacent to transport hub.
No VAT.
The town centre is undergoing major regeneration.
Hemel Hempstead is a major Hertfordshire commuter town.
A3 planning consent.
Retail unit has a 9 year unexpired term, no breaks.
Income of £32,500 per annum from March 2018.
Description
Retail Investment for sale freehold.
Retail investment opportunity comprising a double fronted shop with a retail area at ground floor level and ancillary accommodation at first floor level to the rear. Loading access is available to the rear of the property on Wolsey Road and there are two floors of residential accommodation above the unit.
Location
The property is situated towards the northern end of the Marlowes, Hemel Hempstead. Other local occupiers in close proximity to the unit include Swinton Insurance, William Hill, Brook Street, Nationwide and Santander. There are also a number of restaurants, takeaways and convenience stores close by.
Hemel Hempstead is served by the M1 motorway (Junction 8) and is approximately 4 miles from the M25 (Junctions 20 and 21). The town is also served by the mainline railway with the station being approximately 1.5 miles from the town centre.
Key Information
Viewing
Strictly by appointment.
Disclaimer
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
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