Colliers International are jointly instructed to sell 239-245 Marlowes & 1 Selden Hill in Hemel Hempstead, a high street retail investment benefitting from prior approval and planning consent for the redevelopment of the upper floors into 40 residential apartments. The existing property comprises a mixed-use commercial building extending to 19,276ft2 NIAacross ground, 1st, 2nd and 3rd floors.The ground floor is arranged as 5 self-contained commercial units extending to 8,534ft2 NIAin total, which are all accessed from Marlowes (a pedestrianised road).The 1st floor comprises office space and staff areas extending to circa 3,423ft2 NIA which isancillary to the ground floor retail units.The 2nd and 3rd floors comprise office space (B1 Use Class) extending to 7,319ft2 NIA, whichis accessed via a side entrance on Selden Hill.The property incorporates a rear service yard and car park accommodating 12 vehicles whichis accessed via King Harry Street.
239-245 The Marlowes & 1 Selden Hill, 239 Marlowes, Hemel Hempstead, HP1 1BL
Type: General Retail, Land, Residential, Retail - High Street, Retail, Commercial Land
239-245 The Marlowes & 1 Selden Hill, 239 Marlowes, Hemel Hempstead, HP1 1BLGBDacorum, Hemel HempsteadHertfordshireHP1 1BL239, Marlowes
The site is well defined and rectangular in shape comprising 44 garages with a concrete forecourt and access road. Sole vehicular access is gained from Cuttsfield Terrace. ( Agency Pilot Software Ref: 2036477 )