53-55 High Street, Hemel Hempstead

Retail Investment | £850,000 (Offers in excess of) | To Buy

Location

The property is centrally located in the old High Street of Hemel Hempstead, a conservation area where many of the buildings are Listed. The area is popular for specialist and destination retailers, cafes/restaurants, public houses, estate agents and accountants, to name a few.

In recent years, the ‘old town’ has undergone a major publicly funded refurbishment program including paving the road with cobbles, making it one way and upgrading street furniture. There is a large pay and display public car park virtually opposite the property.

Hemel Hempstead is one of the principal commercial centres of Hertfordshire approximately 30 miles north-west of central London with a population of over 100,000.

Road communications are excellent being located on the A41 trunk road and the M1 motorway (Junction 8). The M25 motorway (Junctions 20 and 21) are approximately 5 miles distant.

The town is also served by the mainline railway station (Euston approximately 30 minutes journey time).

Description

The property comprises two lock-up shops both let and trading as hairdressers, one ladies and one gents, both fronting the High Street.

Above and to the rear, are three one bedroom flats all offered in excellent decorative order.

To the rear, there is a single storey light industrial building and storage area where planning consent has been granted for the change of use and conversion to a two bedroom dwelling and garage (Ref: 4/0209/18/FUL).

This was granted on 8th August 2018 and is valid for three years. This property is currently let on a flexible lease allowing re-development at a time to suit.

Property Details

Address

53-55 High Street
Hemel Hempstead
HP1 3AF

Location

Hemel Hempstead

Postcode

HP1 3AF

Size

1,786 Sq. ft

Type

Retail Investment

Status

To Buy
£850,000 (Offers in excess of)

Tenure

Freehold

Reference

33370

Agents

Philip Walker

01442 298809

Oliver Elderfield

01442298813

Register Interest

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