Retail property (high street) for sale
Property description & features
- Tenure: Freehold
- Unique opportunity to acquire an unbroken parade of 8 freehold buildings.
- Affluent commuter town is situated approximately 40 km (25 miles) north west of London and 19 km (12 miles) north west of Watford.
- Excellent rail connections to London Euston with services every 15 minutes.
- Mixed use parade comprising office and retail accommodation, as well as a residential apartment. Includes an extensive rear car park and yard area with capacity for approximately 83 cars.
- Total net internal floor area 21,750 sq ft (2,021 sq m).
- Total site area extends to approximately 1.1 acres.
- Total income of £519,411 per annum
- Price £7,500,000 (Seven Million Five Hundred Thousand Pounds) for the benefit of our clients Freehold interest subject to contract and exclusive of VAT.
The property comprises a substantial unbroken parade of mixed-use buildings. In total, the holding provides a net internal floor area of 21,750 sq ft (2,021 sq m). The attractive unbroken parade of 8 period properties is predominantly arranged over ground and two upper floors. The buildings primarily consist of office accommodation, retail units, and a residential apartment. They are situated on a substantial site spanning approximately 1.1 acres. The property offers parking for approximately 83 cars and includes a yard area located at the rear.
Location
Hertfordshire, has become a popular ‘London commuter village.’ This rise in popularity can be attributed to its excellent communication links with London, outstanding schools, and its reputation as a gateway to the Chiltern Hills. The town’s proximity to picturesque locations like the Ashridge Estate, managed by the National Trust, and charming satellite villages such as Aldbury, Bovingdon, and Potten End, adds to its appeal. The Grand Union Canal meanders through the town centre, and the 11th-century castle ruins situated adjacent to the railway station. Located 27 miles northwest of Central London, Berkhamsted lies between Tring, 5 miles to the northwest, and Hemel Hempstead, 6 miles to the east. The town boasts a vibrant High Street featuring a blend of national and independent retailers, restaurants, cafes, and boutiques. This thriving town centre, along with its desirable amenities, is reflected in the local house prices and demographics, making Berkhamsted a sought-after location for commuters and families alike.
Connectivity
Berkhamsted benefits from excellent transport links with both the M1 (Junction 8) and M25 (Junction 20) being located within 7 miles to the east providing direct access to London and the national motorway network. Additionally, the A41 provides direct access into central London to the south whilst providing access to the M40, via Aylesbury to the north west.
Berkhamsted is located on the London mainline providing direct, regular rail services into London Euston with a fastest journey time of 30 minutes. Additionally, Chesham London underground station (Metropolitan line) is within 4 miles to the south.
The town benefits from excellent road communications, being located close to the A41 providing direct access to Junction 20 of the M25, 8.5 miles to the south east.
Luton Airport is situated approximately 16 miles to the northeast, while London Heathrow Airport is within 28 miles to the south. Both Gatwick and Stansted airports can be accessed via the M25 within 70 minutes.
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Broadband availability and predicted speed: obtained from Ofcom on February 9, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
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Energy Performance data and Internal floor area
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