MapRetail property (high street)
Retail property (high street)
3 beds
1,705 sq ft / 158 sq m
Features and description
- Tenure: Freehold
- Freehold investment needing refurbishment
- A1 ground floor shop and 1 st floor 3 bedroom flat
- Total 1,705 sq. ft
- High street location
- Well complemented by other businesses
- Rental income achievable £32,000 £34,000 per annum
- Grade 2 listed
- Cash buyers only
Squire Estates are delighted to welcome to the market a FREEHOLD INVESTMENT comprising of a GROUND FLOOR SHOP and 1ST FLOOR, 3 BEDROOM FLAT situated within the popular Old Town of Hemel Hempstead. The property is in need of refurbishment but benefits from being located among a parade of complimentary shops and local businesses leading to a good level of footfall and passing trade.
The ground floor shop has large windows to the front and a W/C,, kitchen and store room. to the rear. The first floor flat currently has 2 double and 1 single bedrooms, a fully fitted kitchen and spacious lounge.
The total rental income for the property with a tenant in the first floor flat and a commercial tenant in the shop would be in the region of £32,000 - £34,000pa.
This property is Grade 2 listed. CASH BUYERS ONLY
Hemel Hempatead Old Town is a much-loved local area full of historic character and charm, with many listed buildings set within a conservation area. The High Street has a community atmosphere and is a unique shopping experience featuring many speciality shops and services. The Old Town is well serviced in terms of transport links with the M1 and M25 nearby as well as good local schools including St Georges Primary and Laureate Secondary school.
The ground floor shop has large windows to the front and a W/C,, kitchen and store room. to the rear. The first floor flat currently has 2 double and 1 single bedrooms, a fully fitted kitchen and spacious lounge.
The total rental income for the property with a tenant in the first floor flat and a commercial tenant in the shop would be in the region of £32,000 - £34,000pa.
This property is Grade 2 listed. CASH BUYERS ONLY
Hemel Hempatead Old Town is a much-loved local area full of historic character and charm, with many listed buildings set within a conservation area. The High Street has a community atmosphere and is a unique shopping experience featuring many speciality shops and services. The Old Town is well serviced in terms of transport links with the M1 and M25 nearby as well as good local schools including St Georges Primary and Laureate Secondary school.
Property information from this agent
About this agent
At Squire Estates, we can offer you a range of property services with competitive prices and flexible contracts. Our residential sales team of local experts are best placed to provide you with free valuations and notify you of specific market trends affecting local property prices and sales. We can help sell your home or find you the perfect place for your next adventure, making the whole selling process as stress-free as possible. If you are a tenant, our dedicated lettings team can support you in your search for your perfect rental property. For landlords, we are almost unique now in the area to offer all our services in house giving Landlords a "one stop shop" for all their property services including the collection of rent, administration and property management.
