Currently listing 1,422 upcoming property auctions in the UK
Substantial Class E Town-Centre Commercial Unit with Prominent Frontage
Address
See address
Auction date
16 Dec 2026
Guide price
£700,000
Type
Commercial
Tenure
Leasehold
EPC Rating
C
Status
Upcoming

Description
A substantial vacant commercial unit in shell condition, offering a flexible opportunity in Hemel Hempstead town centre. With prominent frontage, Class E use and a new 999-year lease available on completion, it may suit an investor or an owner-occupier planning a bespoke fit-out.
- Approximate floor area: 4,732 sq ft (439.62 sq m)
- Ground floor Units 1a and 1b, Store 1 and Stair 2, plus first-floor space; rear Store 2 is excluded
- Open-plan shell layout with rear store and WC; first-floor space for a staff kitchen and WC, to be fitted by the purchaser
- Commercial lift, power and water points; rear servicing access
- Class E use, subject to any necessary consents; EPC rating C
- Vacant possession and new 999-year lease on completion, with £100 annual ground rent
- Estimated rental value of approximately £85,000 per annum; potential gross yield stated as 12.14% at guide price
The long leasehold interest offers an exceptionally lengthy term, while the stated ground rent and further lease provisions should be reviewed in the legal pack. The vacant shell condition gives buyers scope to tailor the remaining fit-out to an intended commercial use. The property is in a prominent Hemel Hempstead town-centre trading location, and the listing states a 42-day completion period.
Last update: 10 Nov 2026


