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56-58 High Street, Hemel Hempstead, HP1 3AF

2,256 Sq Ft / Other / Investment

For Sale - £350,000.00

Under Offer - Last updated: 08 November 2024

Summary

The property comprises two lock up shops, 56 High Street is let as a whole including an internally accessed maisonette flat. 58 High Street is vacant and is in need of refurbishment work.


Key Points

  • Historic and attractive location within the conservation area of Hemel Hempstead Old Town
  • Two lock up commercial units with internally accessed upper parts
  • Current income: £15,200 per annum
  • Part vacant with conversion potential, subject to the necessary consents
  • Grade II Listed
  • Offers are invited in excess of £350,000 for the freehold interest
  • Location

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

    In recent years the High Street “old town” has undergone a major publicly funded refurbishment programme such as paving the road with cobbles, making it one way and upgrading street furniture. There is a large pay and display public car park directly behind 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 (J8). The M25 motorway (J20 and J21) are approximately 5 miles distant.

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

    Terms

    The property is to be sold Freehold subject to the current occupational tenancy on 56 High Street.

    Property Quote Price(s)

    DescriptionSale typeGuide pricePrice type
      For Sale Freehold £350,000.00 NA

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    Contact agents

    Ollie Elderfield

    Brasier Freeth

    01442 620410

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