TypeIndustrial Investments
TenureFor sale
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.
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.
The units are all let to Micro Precision Technology Ltd, on three co-terminus FRI leases, excluding Unit 5 Mark Road.
The investment currently produces a total passing rent of £315,200 per annum exclusive
The leases have an unexpired terms of 3 years.
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 the 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 the Hemel Hempstead train station, with connections to London Euston, Milton Keynes and Tring