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Retail Units & Shops

Hertfordshire

Hemel Hempstead

Unit 4 Aplsey Mills Retail Park Unit 4 Aplsey Mills Retail Park, Hemel Hempstead, HP3 9QN

Let

Unit 4 Aplsey Mills Retail Park, Hemel Hempstead - Picture 2023-06-30-12-07-08

Use Class

Size

17,000 sq ft

Rent pa

£200,000

Description

The scheme is located approximately 2.5 miles to the south of Hemel Hempstead town centre, off the A4251 London Road and is accessed from a shared roundabout junction with the adjacent Sainsburys supermarket. Aspley Mill Retail Park is the prime retail park location in the town, extending to over 97,000 sq.ft and anchored by the Range. Other occupiers include Wren Kitchens, Carpetright and Currys.

Accommodation

17,000 Sq.Ft

Areas

Sq.Ft

Sq.M

Ground Floor

10,000

929

Mezzanine

7,000

650

Financial

Lease Term

The premises are held by way of an effective full repairing and insuring lease for a term expiring 15th November 2029 with a rent review (open market capped at £226,282 pa) and tenants option to break at 15th November 2024. Should the break not be exercised there is a further 6 months rent free. The current passing rent is £200,000 pax.

Rent

Subject to contract, rental offers are invited in the region of £200000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Misrepresentation Notice

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.

This was last updated on 07/11/2024