Property photos
Under offer
Freehold
£305,000
(£373.32/sq. ft)
Property for sale
11A Hempstead Road, Kings Langley, Hertfordshire WD4817 sq. ft
Local area information
Property location
Nearby amenities
- Kings Langley Primary School 0.3 miles
- Rudolf Steiner School 0.4 miles
- Kings Langley 0.8 miles
- Apsley 1.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Kings Langley to find out more about the local area.
Features and description
- Freehold
- Freehold fully let income producing gf retail unit and long leasehold flat investment
- Shop let to Ladbrokes
- Income £21,330 pa
- Shop let from 24 June2011 on a lease expiring 23 June 2028
- Gross initial yield 7%
- Opportunities to improve value with 59 years remaining on residential lease
The property comprises an end-of-terrace ground floor retail unit and the flat above within a purpose built block of 6 shops and flats that includes a Simmons bakery, Hospice of St Francis charity shop, a health food shop, a newsagents with Post Office and a Fish and Chip shop.
The flat is believed to be a 2 bedroomed flat accessed via an external staircase at the rear off the side road, Common Lane, and also has the benefit of a concrete framed garage at the rear.
The flat is believed to be a 2 bedroomed flat accessed via an external staircase at the rear off the side road, Common Lane, and also has the benefit of a concrete framed garage at the rear.
More information
Listed by
Aitchison Raffety
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