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Ground Floor Retail Premises with Commercial Lease
Address
See address
Auction date
16 Dec 2026
Guide price
£475,000
Type
Commercial
Tenure
Leasehold
EPC Rating
C
Status
Upcoming
Description
Ground-floor commercial retail premises in a prime town-centre position in Hemel Hempstead, arranged as a large sales area with a separate stock room and office. The property is offered as a commercial investment with a long leasehold interest.
- Ground-floor retail shop with a large main sales area
- Separate stock room and office
- Commercial tenancy in place for 10 years, running to 2036, with a five-year break clause
- Reported rent of £49,000 per annum
- 999-year leasehold interest, described as virtual freehold
- EPC rating C
- Prime position on the pedestrianised town-centre shopping area, next to Tesco
The existing commercial lease and stated rental income provide an investment opportunity, subject to the lease terms and due diligence. The 999-year lease offers a long leasehold interest; buyers should review the legal pack for full details. The property is close to local retailers and has access to the town’s rail and road connections.
Last update: 10 Nov 2026
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