Sold STC

High Street, Hemel Hempstead HP1 3AE

Offers In Excess Of £450,000

3 Bedrooms
1 Bathroom
1 Reception
FREEHOLD INVESTMENT
A1 GROUND FLOOR SHOP AND 1ST FLOOR FLAT
TOTAL 1,705 SQ. FT
HIGH STREET LOCATION
WELL COMPLEMENTED BY OTHER BUSINESSES
RENTAL INCOME £26,000 PER ANNUM
COMMERCIAL UNIT LET FOR MINIMUM 4 YEARS
1ST FLOOR APARTMENT LET WITH 12 MONTH AST

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 benefits from being located amongst a parade of complimentary shops and local businesses leading to a good level of footfall and passing trade.
The premises are well presented throughout with large windows to the front allowing for a bright working space. To the rear of the property is a W/C, store room and back office. To the first floor are 2 double and 1 single bedrooms, a fully fitted kitchen and spacious lounge.
We are advised that the commercial premises are being sold with a tenant in situ with 4 years remaining on the lease. The tenant of the first floor flat is on a 12 month AST agreement. The total rental income for the property equals £26,000. This property is Grade 2 listed.

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