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Swan Court Service Yard, at the Rear of 204 The Marlowes, Hemel Hempstead, Hertfordshire, HP1 1DS

Description

Guide Price = £25,000+

**For Sale By Public Auction 21st May 2024 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack**

Nine Parking Spaces Situated on a Plot of Land Measuring Approximately 528 sq m (5,683 sq ft) Part Let Producing £4,160 Per Annum.

Tenure
Freehold

Location
The parking spaces are situated on a residential road close to local shops and amenities. The open spaces of Keens Field are within easy reach. Transport links are provided by Hemel Hempstead rail station.

Description
The property comprises nine parking spaces and a marked bin store area situated on a plot of land measuring approximately 528 sq m (5,683 sq ft).

Tenancy
Four of the nine parking spaces are let on individual licenses producing a combined rent of £4,160. Please refer to the legal pack for further information. The vendor has advised that when fully let the parking spaces can produce a rent of £9,360 which would reflect a gross initial yield of 37%.

Note
The site area depicted within the plan in the auction particulars is for indicative purposes only. Additionally, any measurements stated may not be exact. Buyers should rely on their own enquiries with regard to precise measurements, any consents or rights over the land and any possible development potential or alternative uses for this site. Some or all of the plot may comprise adopted highway land.

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Legal Documents

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Swan Court Service Yard, at the Rear of 204 The Marlowes, Hemel Hempstead, Hertfordshire, HP1 1DS

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hemel Hempstead Station0.9 miles
  • Apsley Station1.3 miles
  • Kings Langley Station3.4 miles
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About the agent

Auction House London, Hampstead

5 Hampstead Gate, 1A Frognal, Hampstead, London, NW3 6AL

Auction House London, Hampstead

Auction House London adopts a modern and dynamic approach to offering high quality auction facilities to both corporate and independent sellers and buyers in the Greater London area.

We understand the importance of the internet in the modern era of selling property and therefore market all of our auction properties online in addition to using the traditional offline methods.

Our forward thinking approach to auctions has been regularly applauded and we are very proud to be recognis

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Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

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Disclaimer - Property reference 243702. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House London, Hampstead. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House London, Hampstead on 020 3897 6030.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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