151-155 London Road

151-155 London Road

Address

151-155 London Road, Hemel Hempstead, Hertfordshire, HP3 9SQ

Auction date

23 Apr 2025

Guide price

£230,000

Type

Commercial

Tenure

Freehold

EPC Rating

Unknown

Auctioneer

Savills

Description

This property presents a high yielding mixed-use investment situated prominently with several asset management opportunities.

It is arranged over ground, first, and second floors, with the ground floor leased to Knox Cropper Chartered Accountants on a 12-year lease until April 2026, generating an income of £26,947 annually. The upper floors comprise two long leasehold residential units.

There is potential for asset management by subdividing the ground floor for improved revenue and diversity, along with development possibilities, subject to obtaining necessary permissions.

Last update: 09 Apr 2025