LOCATION

Hemel Hempstead is a strong commuter town located north of the M25.  The town has a primary catchment of circa 169,000 people.

The Marlowes shopping centre is the dominant scheme within the town centre and totals circa 450,000 sq ft, benefitting from 1,175 parking spaces.

The scheme is anchored by M&S, Wilko and New Look and other retailers including Sports Direct, The Entertainer, Deichmann etc.

The landlords are currently undertaking a £750,000 refurbishment of the primary mall to create a Family Zone and have also recently gained planning consent for a leisure based development to include a 9 screen Empire cinema and associated restaurants.

ACCOMMODATION

Ground Floor      5,649 sq ft      524.8 sq m

First Floor           2,478 sq ft      230.2 sq m

Second Floor      1,426 sq ft       132.5 sq m

RENT

Quoting Rent      £90,000 pa

RATES

Rateable Value   £125,000

Interested parties are advised to make their own enquiries with the Local Authority (Dacorum Borough Council 01442 228000).

SERVICE CHARGE

Service charge for the current year is £72,044 pa.

EPC

An EPC has been commissioned and is available upon request