Retail Property (high street) for sale

Marlowes, Hemel Hempstead, Hertfordshire, HP1

£69,950

Property Description

Commercial information

  • Business for sale
  • Use class orders: A1 Shops

Key features

  • Premium 69.950
  • A1 Uses
  • Rental 15,000 per annum
  • Town Centre Location
  • Size 750 sq ft

Full description

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

DESCRIPTION: Excellent opportunity to purchase a well established dry cleaning business which also trade in cutting keys, shoe repairs, tailored repairs and prominently located on a busy main road position. The premises occupy an imposing mid terrace location and comprise approximately 750 square feet of shop and working areas. The property also has kitchenette area, WC, CCTV and rear loading bay and comes fully equipped.

TERMS: The premises are available on a 15 year full repairing and insuring lease with approximately 12 years remaining with 5 yearly rent reviews and next review in 2016

USES: A1

PREMIUM: 69,950 for the benefit of the lease, fixtures, fittings and goodwill.

RENTAL: 15,000 per annum

BUSINESS RATES: Approximately 9,000 per annum via small business relief. Interested parties are encouraged to make their own enquiries with Borough of Dacorun Council

OPENING HOURS: Monday - Friday 8.00 a.m - 16.00 p.m - Saturday 8.30 a.m - 18.30 p.m & Sunday Closed.

TURNOVER: Current turnover in excess of 104,000 per annum approximately

ACCOUNTS: Accounts available on requested

STAFF: Owner managed with 1 staff.

SIZE: Approximately 750 sq ft

PARKING: To the rear of the unit via side road

UTILTIES: All mains services are connected

LOCAL AUTHORITY: Docorum

LEGAL COSTS: Each party is to bear their own legal cost

REFERENCE CHARGE: London Properties charges a fee of 200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord.

HOLDING DEPOSIT: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account

FIXTURES & FITTINGS: Any fixtures, fittings, equipment, machinery and plants 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.

AGENT NOTE: London Properties for themselves for 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 London Properties.

4. All rent prices, fees and charges are quoted exclusive of VAT


VIEWINGS: Through London Properties by appointment only

Nearest stations

  • Hemel Hempstead (1.1 mi)
  • Apsley (1.5 mi)
  • Kings Langley (3.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

London Properties, Middlesex

95 High Street, Wealdstone, Harrow, HA3 5DL

020 3858 2394 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Hemel Hempstead (1.1 mi)
  • Apsley (1.5 mi)
  • Kings Langley (3.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

London Properties, Middlesex

95 High Street, Wealdstone, Harrow, HA3 5DL

020 3858 2394 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference marlowesdry. 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 London Properties, Middlesex. 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.

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