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 Enterntainer, 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      4,424 sq ft    411.0 sq m

First Floor                636 sq ft     59.1 sq m

Second Floor        1,020 sq ft      94.8 sq m

RENT

Quoting Rent      £85,000 pa

RATES

Rateable Value      £91,000

Interested parties are advised to make their own enquiries with the Local Authority.

SERVICE CHARGE

Service charge for the current year is £53,241 pa.

EPC

An EPC has been commissioned and is available upon request.