Commercial Property in Hemel Hempstead available for sale
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Petrol Station for Sale near Hemel Hempstead

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Retail Properties for Sale Near the Hemel Hempstead

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
  • Security System

Hemel Hempstead Retail for Sale

This mixed-use investment property offers a compelling opportunity within Hemel Hempstead’s historic Old Town. The asset comprises a ground floor and basement retail unit, available on a sale and leaseback arrangement, plus two maisonette apartments located above and behind the shop. The retail element will be leased back to the vendor for £12,500 per annum under a new 10-year FRI lease, providing secure income from completion. The two residential flats offer additional income potential. Flat 49c is currently let on a tenancy, while Flat 49a will be sold vacant, providing options for refurbishment and re-letting. The combined estimated rental income for the residential units is around £21,600 per annum, creating a total potential income of £34,100 per annum when fully occupied. Prominently positioned opposite the Old Market Place on Hemel Hempstead High Street, the property benefits from recent streetscape investment and strong footfall. This is a sought-after location in an area that has experienced significant residential growth and infrastructure improvements. Quoting Price: £432,000 (offers in the region of)

Contact:

Aitchison Raffety Commercial Ltd

Property Subtype:

Shopfront Retail / Residential

Date on Market:

21/05/2026
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