£200,000 pa

Retail premises to let

  1. Property photo 1 of 1.

From

£200,000 pa

(£28.57/sq. ft. pa)

Retail premises to let

London Road, Hemel Hempstead HP3

From 7,000 - 10,000 sq. ft

Available immediately

Local area information

Property location

Nearby amenities

  • Apsley 0.1 miles
  • Nash Mills Church of England Primary School 0.4 miles
  • Two Waters Primary School 0.5 miles
  • Hemel Hempstead 1.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Unfurnished
Location

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

The property comprises the following approximate gross internal
areas:

Ground Floor 929 sq.m. 10,000 sq.ft.
Mezzanine 650 sq.m. 7,000 sq.ft.

Tenure

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

Availability

The remainder of the leasehold interest is available on terms to be agreed.

Use

Class A1 (non food)

Rates

Rateable Value £224,000

Estimated Rates Payable £114,240 pa

For further information visit or contact the business rates department at the local authority.
EPC


The property has an Energy Performance Asset Rating D.

Legal Costs

Each party is to bear their own legal costs in respect of all legal documentation produced in this transaction.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Mason Partners LLP. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Mason Partners LLP for full details and further information.

  1. Zoopla
  2. Commercial to let
  3. Hertfordshire
  4. Hemel Hempstead
  5. London Road
  6. Apsley Mills Retail Park

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