Office in HP3 available for sale
6

Office Properties for Sale near HP3, Hemel Hempstead

Office 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 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 Acme Rd, Watford - Office for Sale

Acme Rd

Watford, WD24 5AL

  • Office for Sale
  • £275,000
  • 1,140 sq ft
  • 1 Unit Available
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More details for Chenies Av, Little Chalfont - Office for Sale

Chenies Av

Little Chalfont, HP7 9FG

  • Office / Medical for Sale
  • £420,000 - £565,000
  • 966 - 1,449 sq ft
  • 2 Units Available
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FAQs About Office Buildings For Sale in HP3

See All Office Buildings For Sale
How many office buildings are currently available for sale in HP3?
There are currently 0 office properties available for sale. Sizes range from to , with an average size of. Available opportunities may include owner-occupied offices, investment assets and multi-let office buildings.
How much does office property cost in HP3?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Values vary depending on location, building quality, tenancy profile, specification and local market demand.
What factors influence office property values?
Office values are influenced by location, building specification, lease terms, tenant quality, occupancy levels, accessibility and market demand. Modern, well-located buildings with strong tenant covenants often attract greater buyer interest.
What sizes of office buildings are available?
Available properties range from to , with an average size of. Opportunities may suit owner-occupiers looking for dedicated premises, as well as investors seeking larger multi-let assets.
Can I buy an office building for my own business?
Yes. Many businesses choose to purchase office premises to gain long-term control over occupancy costs and avoid future lease negotiations. Ownership may also provide the opportunity to benefit from future capital appreciation.
What types of tenants occupy office buildings?
Office occupiers can include professional services firms, technology companies, financial institutions, public sector organisations, healthcare providers and creative businesses. Tenant quality and lease structure are often important considerations for investors.
What is the difference between a vacant office and an investment property?
A vacant office may appeal to owner-occupiers or investors seeking refurbishment opportunities. An investment property is typically sold with tenants already in place, providing an established income stream from the date of purchase.
Can office buildings be refurbished or repositioned?
Many buyers seek opportunities to improve office assets through refurbishment, modernisation or reconfiguration. Upgrading facilities, improving energy performance and creating more flexible layouts can enhance occupier appeal and long-term value.
What ESG considerations are important when buying office property?
Energy efficiency, EPC ratings, sustainability credentials, natural light, ventilation and access to public transport are becoming increasingly important. Buildings with strong environmental performance may be more attractive to occupiers and investors alike.
What due diligence should I carry out before buying?
Due diligence should include reviewing leases, title documents, service charge information, tenant covenant strength, planning permissions, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

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

You searched for office buildings for sale in HP3. Explore 0 listings from leading agents on LoopNet. Whether you're seeking office properties to expand your portfolio, establish a headquarters, or secure a prime investment opportunity, LoopNet provides a diverse selection to meet your needs. Each listing offers detailed information on building features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of office investment properties worldwide, LoopNet is your trusted partner in finding the perfect office investment.

Key Factors to Consider When Investing in an Office Building

Investing in an office building can be a lucrative venture, but it requires careful evaluation. Here are the most important factors to consider:

  • Location & Accessibility
    • Prime locations with strong demand offer higher rental yields.
    • Proximity to public transport, major roads, and amenities increases tenant appeal.
  • Tenant Demand & Occupancy Rates
    • Analyse market demand for office space in the area.
    • Check vacancy rates and existing long-term leases.
  • Rental Yield & Return on Investment (ROI)
    • Compare rental income vs. property price to assess profitability.
    • Consider potential for rental growth over time.
  • Property Condition & Age
    • Older buildings may require costly renovations.
    • Modern buildings with energy-efficient features attract premium tenants.
  • Market Trends & Economic Conditions
    • Evaluate office space demand, remote work trends, and business growth in the area.
    • Check local economic stability and corporate presence.
  • Building Amenities & Features
    • High-speed internet, parking, security, and sustainability features boost property value.
    • Shared meeting rooms and flexible layouts attract a broader tenant base.
  • Legal & Planning Permission
    • Ensure compliance with local planning laws and building codes.
    • Understand lease structures and tenant obligations.
  • Maintenance & Management Costs
    • Factor in ongoing maintenance, property management fees, and service charges.
    • A well-managed building retains tenants and minimizes turnover costs.
  • Future Development & Infrastructure
    • Nearby upcoming developments can impact demand and property value.
    • Infrastructure projects like new transport links can enhance desirability.
  • Exit Strategy
    • Consider long-term value appreciation and potential resale opportunities.
    • Analyse liquidity in the commercial property market.

By carefully evaluating these factors, you can make a more informed investment decision and maximise returns on your office building purchase.

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