For sale

230 High Street, Berkhamsted, HP4 1AG

Viewing

Viewing
By Prior appointment only. To arrange a viewing please contact:

Adam Hanline
020 7851 2157
07584 800930
adam.hanline@glhearn.com

Ed Rohleder
020 3096 5962
07585 999 096
ed.rohleder@glhearn.com

For sale

Region: South East
Property Type: Retail, Residential
Floor Area: Total 4,492 sq ft
Sale Price: OIEO £1,600,000 for the Freehold interest of the property, excluding standard purchaser's costs

The freehold property is situated in a central position on Berkhamsted High Street, an affluent market town situated between Tring to the north-west and Hemel Hempstead to the east.

The subject property comprises a mid-terraced building of brick elevations over ground, basement and three upper floors.

The ground floor retail space currently provides a banking hall, with staff meeting rooms. The basement is accessed from a door to the rear of the sales area and includes male and female toilets and a staff kitchen area. The upper floors are accessed by way of a flat roof via a staircase to the rear of the property. The upper floors comprise 2 large self-contained flats, one of which is tenanted and the other vacant.

Accommodation

The unit extends to the following approximate net internal floor areas:

Retail Shop:

Net Internal Area    Sq ft   Sq m
Basement 311 / 28.86
Sales Area 1,475 / 137.07
Ancillary 560 / 52.03
Ground Floor (ITZA) 797 / 74.04
Total NIA 2,346 / 217.95

 

Residential Flats:

Gross Internal Area    Sq ft   Sq m
230A (Tenanted) 1,186 / 110.18
230B (Vacant) 960 / 89.25
Total GIA 2,146 / 199.37

 

Tenancies

Flat 230A is holding over on an Assured Shorthold Tenancy that expired on 30 June 2018


Rates

Rateable Value     £72,000
UBR   0.504
Rates Payable   £36,288


Interested parties should verify these figures with the Local Authority.

 

Further details on request.

Location

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The property is situated in a central position on High Street, the town’s main thoroughfare, on the northern side where the town’s market is held every Wednesday and Saturday.