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Summary
  • 3-storey freehold building comprising 2 x retail units across ground and first floor with vacant former retail space on the second floor, extending to approximately 30,074 sq.ft. in total situated on a 0.3-acre site
  • Part let to Millets, producing £40,000 per annum with potential for future asset management and rental growth
  • Potential for residential re-development of the upper parts by way of conversion and extensions (S.T.P.P) with feasibility study produced to show potential for up to 19 units
  • Located in Hemel Hempstead town centre, 1.1 miles from Hemel Hempstead train station
  • Offers invited in the region of £3,000,000 which reflects a low capital value of £99 per sq.ft. on the existing areas
Summary
  • 3-storey freehold building comprising 2 x retail units across ground and first floor with vacant former retail space on the second floor, extending to approximately 30,074 sq.ft. in total situated on a 0.3-acre site
  • Part let to Millets, producing £40,000 per annum with potential for future asset management and rental growth
  • Potential for residential re-development of the upper parts by way of conversion and extensions (S.T.P.P) with feasibility study produced to show potential for up to 19 units
  • Located in Hemel Hempstead town centre, 1.1 miles from Hemel Hempstead train station
  • Offers invited in the region of £3,000,000 which reflects a low capital value of £99 per sq.ft. on the existing areas