27-29 Queensway, Hemel Hempstead, HP1 1LS
2,570 Sq Ft / Retail / General Retail
For Sale
- £430,000.00
Available - Last updated: 03 February 2025
Summary
The property comprises a self-contained retail unit, currently occupied by a private individual trading as "Beauty & The Beach," along with first and second-floor offices that are independently accessed via a front doorway. The retail unit has approximately 6.5 years remaining on its lease term, with the tenant having been in continuous occupation for over 15 years. The first and second floors are currently vacant and may offer potential for conversion, subject to obtaining the necessary planning permissions (STPP). The property is Grade II Listed.
Key Points
Historic and attractive location within the conservation area of Hemel Hempstead ey point...Retail shop with vacant upper parts (Separate offices)Passing income: £16,320 per annum exclusiveVacant upper parts with conversion potential, subject to necessary consentsGrade II Listed propertyOffers are invited in excess of £430,000 for the freehold interest
EPC
27 Queensway - E101 (Minor improvements will increase this rating to a D)
29 Queensway - C66
Further details available upon request
Tenure
The property is to be sold Freehold subject to the current occupational tenancy on 27-29 Queensway (see overleaf).
Location
The property is situated in Hemel Hempstead’s “Old Town,” a conservation area renowned for its historic charm, with many buildings designated as Listed. This area is highly regarded for its mix of specialist, unique, and destination retailers, including cafés, restaurants, public houses, estate agents, and professional services such as accountants and estate agents.
In recent years, the High Street in the “Old Town” has benefited from a significant publicly funded refurbishment program. Improvements include cobbled paving, a one-way traffic system, and upgraded street furniture. Additionally, there is a large pay-and-display public car park located directly behind the property, providing convenient access.
Hemel Hempstead is one of Hertfordshire’s principal commercial hubs, located approximately 30 miles northwest of central London, with a population exceeding 100,000.
The town enjoys excellent road connectivity, situated on the A41 trunk road and near Junction 8 of the M1 motorway. Junctions 20 and 21 of the M25 motorway are just 5 miles away.
Hemel Hempstead is also well-served by a mainline railway station, offering a direct service to London Euston in approximately 30 minutes.
Property Quote Price(s)
| Description | Sale type | Guide price | Price type |
| |
For Sale Freehold
|
£430,000.00
| NA |
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