188 / 190 Marlowes Hemel Hempstead Hertfordshire HP1 1BH

188 / 190 Marlowes
Hemel Hempstead
Hertfordshire
HP1 1BH

Freehold Retail and Residential Development Opportunity (See Planning)

  • Prominent position on prime pedestrianised retailing thoroughfare
  • Approximately 7,665 sq ft
  • Diagonally opposite The Marlowes Shopping Centre
  • Nearby Occupiers include B&M Bargains, Superdrug, Lloyds Bank and WH Smith
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    76
  • Auction
    13th October 2016
  • Vacant Possession
  • Status
    Sold
  • Price
    £800,000
  • Sector
    Development
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
  • On Behalf of a Major Fund Manager
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Retail and Residential Development Opportunity (See Planning)

  • Prominent position on prime pedestrianised retailing thoroughfare
  • Approximately 7,665 sq ft
  • Diagonally opposite The Marlowes Shopping Centre
  • Nearby Occupiers include B&M Bargains, Superdrug, Lloyds Bank and WH Smith
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 76
  • Auction 13th October 2016
  • Vacant Possession
  • Status Sold
  • Price £800,000
  • Sector
    Development
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
  • On Behalf of a Major Fund Manager

Property Information

Location
Miles
7 miles west of St Albans, 16 miles north-west of High Wycombe, 23 miles north of Central London
Roads
A41, M1 (Junction 8), M25
Rail
Hemel Hempstead Rail (26 mins to London Euston)
Air
Heathrow Airport, Luton Airport
Situation

The property is situated on the western side of the pedestrianised Marlowes, one of the town’s prime retailing thoroughfares. The property is situated diagonally opposite The Marlowes Shopping
Centre which houses retailers such as New Look, River Island, Holland & Barrett and Card Factory. Other nearby occupiers include B&M Bargains, Superdrug, Lloyds Bank and WH Smith.

Tenure

Freehold.

Location
Miles
7 miles west of St Albans, 16 miles north-west of High Wycombe, 23 miles north of Central London
Roads
A41, M1 (Junction 8), M25
Rail
Hemel Hempstead Rail (26 mins to London Euston)
Air
Heathrow Airport, Luton Airport
Situation

The property is situated on the western side of the pedestrianised Marlowes, one of the town’s prime retailing thoroughfares. The property is situated diagonally opposite The Marlowes Shopping
Centre which houses retailers such as New Look, River Island, Holland & Barrett and Card Factory. Other nearby occupiers include B&M Bargains, Superdrug, Lloyds Bank and WH Smith.

Tenure

Freehold.

Description

The property comprises a large ground and first floor retail unit with ancillary accommodation on the second floor.

VAT

VAT is applicable to this lot.

Planning

Full planning permission was granted on 30/10/2015 for part conversion of first floor and conversion of second floor to provide 3x one bedroom flats and 3 x two bedroom flats together with external alterations including the creation of a self-contained residential entrance. For further details please refer to Dacorum Borough Council Planning (www.dacorum.gov.uk Ref: 4/03556/15/FUL).

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a large ground and first floor retail unit with ancillary accommodation on the second floor.

VAT

VAT is applicable to this lot.

Planning

Full planning permission was granted on 30/10/2015 for part conversion of first floor and conversion of second floor to provide 3x one bedroom flats and 3 x two bedroom flats together with external alterations including the creation of a self-contained residential entrance. For further details please refer to Dacorum Borough Council Planning (www.dacorum.gov.uk Ref: 4/03556/15/FUL).

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Possession
Ground
First
Second
Retail
Retail
Ancillary
342.80 sq m
301.40 sq m
67.80 sq m
(3,690 sq ft)
(3,245 sq ft)
(730 sq ft)
VACANT POSSESSION
Total  
712.00 sq m
(7,665 sq ft)
 

(1) The current tenant is in occupation. Luxido Limited t/a Utopia, is due to vacate by 29/09/2016.

Property Documents

  • Site Plan
    Updated Date
    13.11.19
    File Size
    67 KB
    View PDF
  • Catalogue Page
    Updated Date
    13.11.19
    File Size
    590 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
Hamlins LLP Roxburghe House273-287 Regents Street
London
W1B 2AD
Joseph Holder 0207 355 6112joseph.holder@hamlins.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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