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London Rd 4,783 sq ft of Assignment Available in Hemel Hempstead HP3 9PH
ASSIGNMENT HIGHLIGHTS
- Excellent connectivity to M1 and M25
- Modern industrial unit
- Large forecourt
ALL AVAILABLE SPACE(1)
Display Rent as
- SPACE
- SIZE
- TERM
- RATE
- USE
- CONDITION
- AVAILABLE
Modern industrial unit, constructed in 2007, comprising of three interconnecting shop spaces, each with its own separate roller shutter door, situated at the end of a terrace. The property benefits from a large forecourt at the front, providing parking for approximately 15 cars. The tenant has added a mezzanine storage area above the office space. The unit provides a functional layout ideal for a range of industrial operations. The property is available by way of assignment of the existing lease, which commenced on 10.10.2023 and is set to expire on 10.10.2028. The passing rent will increase as follows: from £81,311 per annum to £83,702 per annum on the second anniversary, to £86,094 per annum on the third anniversary, and to £88,485 per annum on the fourth anniversary.
- Use Class: B2
- 15 Parking spaces
- Lease assignment
- Assignment space available from current tenant
- Mezzanine storage area
| Space | Size | Term | Rate | Space Use | Condition | Available |
| Ground | 4,783 sq ft | Oct 2028 | Upon Application Upon Application Upon Application Upon Application | Industrial | Shell And Core | Under offer |
Ground
| Size |
| 4,783 sq ft |
| Term |
| Oct 2028 |
| Rate |
| Upon Application Upon Application Upon Application Upon Application |
| Space Use |
| Industrial |
| Condition |
| Shell And Core |
| Available |
| Under offer |
Ground
| Size | 4,783 sq ft |
| Term | Oct 2028 |
| Rate | Upon Application |
| Space Use | Industrial |
| Condition | Shell And Core |
| Available | Under offer |
Modern industrial unit, constructed in 2007, comprising of three interconnecting shop spaces, each with its own separate roller shutter door, situated at the end of a terrace. The property benefits from a large forecourt at the front, providing parking for approximately 15 cars. The tenant has added a mezzanine storage area above the office space. The unit provides a functional layout ideal for a range of industrial operations. The property is available by way of assignment of the existing lease, which commenced on 10.10.2023 and is set to expire on 10.10.2028. The passing rent will increase as follows: from £81,311 per annum to £83,702 per annum on the second anniversary, to £86,094 per annum on the third anniversary, and to £88,485 per annum on the fourth anniversary.
- Use Class: B2
- Assignment space available from current tenant
- 15 Parking spaces
- Mezzanine storage area
- Lease assignment
PROPERTY OVERVIEW
Located off London Road (A4251) close to the junction connecting to Two Waters way (A414), providing direct access to the town centre and the M1 motorway. The site benefits from excellent connectivity to the national motorway network, with junction 8 of the M1 just a short drive away, linking to London and the midlands, junction 20 of the M25 is 3.5 miles to the south. The surrounding area is home to a number of established industrial and commercial occupiers, including Dulux Decorator, Halfords and CRC Flooring Supplies Ltd to name a few.
SERVICE FACILITY FACTS
FEATURES AND AMENITIES
- Security System
- Roller Shutters
- Storage Space
Presented by
London Rd
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