The premises comprise a large, detached workshop building and a smaller neighbouring end-terrace workshop building (forming part of a larger building) on Duxons Turn, together with a parade of six small quasi workshop/office/trade counter units on Mark Road.
The buildings on Duxons Turn are of steel frame construction with solid brick elevations and corrugated asbestos cement roofs.
The investment currently produces a total passing rent of £315,200 per annum exclusive split as follows: £161,800 pax to 79 Duxons Turn, £70,700 pax to 54 Duxons Turn and £82,700 pax to 1-4 & 6 Mark Road.
To summarise the lease terms are 6 year leases from 21st August 2023 under the permitted use of B1(c) B8 or B2 together with ancillary administrative offices. The tenant has a full repairing and insuring liability (FRI), limited by way of a photographic schedule of condition and benefits from security of tenure.

Hemel Hempstead is located approximately 24 miles north-west of London. To the east lies St Albans, a cathedral city which, like Hemel Hempstead, forms part of the London commuter belt.
Located less than 5 minutes away from Junction 8 of M1, providing quick access to nearby St Albans and only 4 miles to Junction 6A of the M25.
The premises are 3.3 miles away from Hemel Hempstead train station, with connections to London Euston, Milton Keynes and Tring.

Accommodation

Terms
The freehold interest is available to purchase. Price on application.

EPC
54 Duxons Turn - D (93) 79 Duxons Turn - D (84) 1-4 Mark Road - C (68) 5 Mark Road - D (94) 6 Mark Road - C (58)

Business Rates
Available upon request