Commercial Property in HP3 available for sale
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Commercial Property for Sale near HP3, Hemel Hempstead

Find commerical property for sale in HP3 that meets your business or investment goals

Commercial Properties for Sale Within 5 miles of the HP3, Hemel Hempstead

More details for Hillfield Rd, Hemel Hempstead - Office for Sale

High Trees - Hillfield Rd

Hemel Hempstead, HP2 4AA

  • Office for Sale
  • £3,000,000
  • 14,482 sq ft
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More details for Chequers Ln, Watford - Land for Sale

Former Waterdell Nurseries - Chequers Ln

Watford, WD25 0GR

  • Land for Sale
  • £1,650,000
  • 1.30 ac Plot
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More details for Bucks Hl, Kings Langley - Light Industrial for Sale

Ashwood - Bucks Hl

Kings Langley, WD4 9AP

  • Light Industrial for Sale
  • £600,000
  • 927 sq ft
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More details for Mowat Industrial Estate, Watford - Office for Sale

Units 6 - 9 - Mowat Industrial Estate

Watford, WD24 7UY

  • Industrial for Sale
  • £450,000
  • 2,734 sq ft
  • 1 Unit Available

Watford Office for Sale

Investment Consideration: VAT is NOT applicable to this property Comprises mid-terrace light industrial unit t/a vehicle repair workshop Let until 2028. No breaks. Rent review in July 2025 open market upward only Situated in Mowat Industrial Estate, within short walk from Watford North Train Station and occupiers nearby including McDonalds, Tesco Express and more. Property Description: Comprises light industrial unit t/a vehicle repair workshop, providing the following accommodation and dimensions: Ground Floor Workshop: 120 sq m (1,292 sq ft) First Floor Office: 67 sq m (721 sq ft) First Floor Store: 38 sq m (409 sq ft) Second Floor Store: 29 sq m (312 sq ft) Total area size: 254 sq m (2,734 sq ft) Tenancy: The property is at present let to Cousins Garage Ltd (with personal guarantee) for a term of 18 years from 12th July 2010 at a current rent of £24,000 per annum and the lease contains full repairing and insuring covenants. Rent review on 12.07.25 open market upward only. No breaks. Location: Mowat Industrial Estate is well located within a short distance of St Albans Road, the A41 North Western Avenue, the A4008 Stephenson Way and Junction 5 of the M1. Sandown Road runs broadly parallel with St Albans Road and links Bushey Mill Lane with Balmoral Road, close to the latter’s junction with St Albans Road. Access to the national motorway network is excellent with Junction 5 of the M1 approximately one mile away and Junction 19 and 20 of the M25, less than a 10-minute drive. The property is situated within short walk from Watford North Train Station and occupiers nearby including McDonalds, Tesco Express and more.

Contact:

Blue Alpine Partners Ltd

Date on Market:

08/01/2024

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More details for 49 High St, Hemel Hempstead - Retail for Sale

49 High St

Hemel Hempstead, HP1 3AF

  • Retail for Sale
  • £432,000
  • 653 sq ft
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FAQs About Commercial Property For Sale in HP3

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How many commercial properties are currently available for sale in HP3?
There are currently 1 commercial properties available for sale. Sizes range from to , with an average size of. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in HP3?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Property values will vary depending on location, size, condition, tenant status and market demand.
What factors influence commercial property values?
Property values can be affected by location, building quality, asset size, lease terms, tenant covenant strength, redevelopment potential and local market conditions. For investment properties, income generation and yield are also important considerations.
What types of commercial property are available to buy?
The market may include offices, retail units, industrial properties, warehouses, land, mixed-use buildings and specialist assets. Availability will vary depending on location and current market conditions.
What should I consider before buying commercial property?
Key considerations include location, accessibility, property condition, planning permissions, lease arrangements, operating costs and future growth potential. Buyers should also understand any legal, environmental or structural issues that could affect value or usability.
What is rental yield and why does it matter?
Rental yield measures the income generated by a property relative to its purchase price. Investors often use yield to compare opportunities, although it should be considered alongside factors such as tenant quality, lease length and potential for capital growth.
Can I buy commercial property for my own business?
Yes. Many buyers purchase commercial property to occupy themselves rather than as an investment. Owning premises can provide greater control over operating costs, security of tenure and the potential to benefit from future capital appreciation.
Do I need a commercial mortgage?
Many buyers use commercial finance to fund acquisitions. Deposit requirements, lending terms and borrowing costs vary depending on the property, the buyer's circumstances and the intended use of the asset.
What due diligence should I carry out before buying?
Due diligence typically includes reviewing title documents, planning permissions, leases, service charge information, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What are the risks of buying commercial property?
Potential risks include market fluctuations, vacancy periods, tenant default, maintenance costs, planning restrictions and changes in local demand. Thorough due diligence and effective asset management can help reduce these risks.
Can overseas buyers purchase commercial property in the UK?
Yes. International buyers can purchase commercial property in the UK, although additional legal, tax and regulatory considerations may apply. Professional advice should be obtained before proceeding with a transaction.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax, legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

Discover More Commercial Properties for Sale in the HP3, Hemel Hempstead

You searched for commercial property for sale in HP3. Explore 1 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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