High Street, Old Town, Hemel Hempstead, Hertfordshire, HP1 3AE
£250,000
Commercial
3 Bedrooms1 Bathroom1 Reception
Key Information
Tenure:Freehold
Council tax band:C
Broadband:up to 330Mbps
Mobile signal:*Based on indoor data coverage
O2ThreeVodafone
Key Features
A1 GROUND FLOOR SHOP AND 1ST FLOOR 3 BEDROOM FLAT
CASH BUYERS ONLY
FREEHOLD INVESTMENT NEEDING REFURBISHMENT
GRADE 2 LISTED
HIGH STREET LOCATION
RENTAL INCOME ACHIEVABLE £32,000 - £34,000 PER ANNUM
TOTAL 1,705 SQ. FT
WELL COMPLEMENTED BY OTHER BUSINESSES
Description
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
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.
Arrange Viewing
George Street Primary School
(0.18 miles)Good
Number of pupils: 237
Age Range: 3 - 11
The Collett School
(0.43 miles)Good
Number of pupils: 129
Age Range: 4 - 16
Gade Valley Primary School
(0.45 miles)Good
Number of pupils: 221
Age Range: 3 - 11
St Cuthbert Mayne Catholic Junior School
(0.48 miles)Good
Number of pupils: 235
Age Range: 7 - 11
Laureate Academy
(0.48 miles)Number of pupils: 706
Age Range: 11 - 18
South Hill Primary School
(0.63 miles)Good
Number of pupils: 411
Age Range: 5 - 11
Broadfield Academy
(0.64 miles)Number of pupils: 397
Age Range: 3 - 11
Westbrook Hay
(0.69 miles)Number of pupils: 400
Age Range: 3 - 13
Lockers Park School
(0.69 miles)Number of pupils: 237
Age Range: 5 - 14
The Hemel Hempstead School
(0.69 miles)Good
Number of pupils: 1255
Age Range: 11 - 18
Property Calculators
Mortgage
Estimated Monthly Mortgage Payment:
£1,315 /mo.25 Years, 5% Interest
Loan
£225,000
Total Repay
£394,598
Stamp Duty
You’ll have to pay the stamp duty of:
£0
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