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High St 2,256 sq ft Retail Property Hemel Hempstead HP1 3AF £385,000 (£170.66/sq ft) 3.95% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Historic and attractive location within the conservation area of Hemel Hempstead Old Town
- Grade II Listed
- Two lock up commercial units with internally accessed upper parts
EXECUTIVE 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.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
2,256 sq ft
Costar Property Class
B
Year Built
1936
Price
£385,000
Price per sq ft
£170.66
Yield
3.95%
NOI
£15,200
Tenancy
Single
Number of Floors
4
Plot ratio
0.05
Total Plot Size
1.12 ac
Frontage
15 ft on High St
AMENITIES
- Bus Route
- Commuter Rail
- Security System
- Storage Space
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NEARBY MAJOR RETAILERS
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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High St
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