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Shop for sale

Marlowes, Hemel Hempstead, Hertfordshire

£69,950

Property Description

Key features

  • An excellent opportunity to purchase a well established dry cleaning business which also trades in cutting keys, shoe repairs, tailored repairs and is prominently located on this busy main road positi
  • The premises occupy an imposing mid terrace location and comprises 750 sq ft approx of shop and working areas.
  • The property also has a kitchenette area, WC, CCTV and rear loading bay and comes fully equipped.
  • Located on Marlowes in Hemel Hempstead town centre in a convenient location which will provide purchasers with direct access to passing trade for the commercial unit and a key location for future buye
  • The premises are available by way of a 15 year full repairing and insuring lease with 12 years approx remaining with 5 yearly rent reviews with next review in 2016 at a rental of 15,000 per annum exc

Full description

Warren Anthony Commercial are delighted to bring to the market this excellent opportunity to purchase a well established dry cleaning business which also trades in cutting keys, shoe repairs, tailored repairs and is prominently located on this busy main road position.

The premises occupy an imposing mid terrace location and comprises 750 sq ft approx of shop and working areas.

The property also has a kitchenette area, WC, CCTV and rear loading bay and comes fully equipped.

Located on Marlowes in Hemel Hempstead town centre in a convenient location which will provide purchasers with direct access to passing trade for the commercial unit and a key location for future buyers with access to Hemel Hempstead bus and train station, key road links, shops and other local amenities.

The premises are available by way of a 15 year full repairing and insuring lease with 12 years approx remaining with 5 yearly rent reviews with next review in 2016 at a rental of £15,000 per annum exclusive and premium of £69,950 subject to contract for the benefit of the lease, goodwill, fixtures and fittings.

Use A1.

Business rates £9,000 approx per annum subject to small business rate relief with interested parties recommended to make their own enquiries with Dacorum Borough Council.

Opening hours Monday - Friday 8 am - 4 pm. Saturday 8.30 am - 6.30 pm and Sunday closed.

Turnover with a current turnover we understand in excess of £104,000 per annum approx.

Accounts available on request.

Staff owner managed with 1 staff.

Size 750 sq ft approx.

Parking to the rear of the unit with access off side road.

Utilities with all main services are we understand connected.

Local authority Dacorum.

Legal costs with each party to bear their own legal costs.

Warren Anthony will charge a fee of £250 plus VAT for taking up references for any proposed tenant. This fee is non refundable after the references have been applied for whether they are accepted or not by the landlord.

A holding deposit will be required to secure the property. The deposit will buy a period of exclusivity and will be held in the Warren Anthony client account.

Any fixtures, fittings, equipment, machinery and plant which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition.

Warren Anthony for themselves for the Lessors, Vendors and their agents give notice that,

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.
2. These details do not constitute any part of an offer or contract.
3. All statements or details contained within these particulars are without any responsibility on any part to Warren Anthony.
4. All rent, prices, fees and charges are quoted exclusive of VAT.

For more information or appointment to view please contact our Watford office on either 01923 220 012 or www.warrenanthony.co.uk

Warren Anthony have not tested any apparatus, equipment, fittings or services and so cannot verify they are in working order. The buyer advised to obtain verification from their own solicitor.

Important Notice
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.


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