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For Sale£180,000.00

27 High Street, Hemel Hempstead HP1 3AA

Retail, Restaurants / Cafes , 835 Sq Ft
Property type: Retail, Restaurants / Cafes
Tenure: Investment Opportunity, For Sale Freehold
Size: 835 Sq Ft
Price: £180,000.00
Location: 27 High Street, HP1 3AA
The property is believed to date from the early 19th century although the shop front appears to have been modified significantly in the early 20th century according to the Listed Building entry. The property being sold comprises part of the ground floor and the basement of this Grade II listed building.

Internally the main retail space is on the ground floor. There is also a rear staff area and steps in the middle of the shop leading down to a basement area.

Several shops have been let recently and we believe that the shop could be re-let fairly quickly if it were to become vacant at a similar rent.

Hemel Hempstead is a large town in Hertfordshire with a population of around 94,000 (2011 census). The town is strategically located at the junctions of the M25, M1 and A41, making it a very popular town for business and commuters. There is also a railway link to London (Euston) with a regular service of 4 trains an hour in a best time of 26 minutes.

The town has expanded considerably over the last 15 years, with the previous census population recording a 81,000 people. There are a large number of residential developments taking place in and around the town centre and the town is still expanding.

The property itself is situated in the Old Town High Street, an area with many historic buildings with considerable character. Properties in the Old Town are largely a mix of pubs, restaurants, cafes and some retail units and the Old Town has benefitted recently from improvements to the street scene, with a one way system being created which has helped to make more short term parking bays. There is also a long term car park close by.

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