Town & Country · 4 Nov 2026 · in 16 days
Ground Floor Commercial Premises in Prime Town Centre Location
185 Marlowes, Hemel Hempstead, Hertfordshire, HP1 1BB · South East
LiveOfficeLeaseholdLet
- Guide
- £525,000
- Rent a year
- £49,000
- Yield on the guide
- 9.3%
- Payback
- 11 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- C
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
- A
- B
- C
- D
- E
- F
- G
C from the government EPC register, lodged 9 Jun 2022 (certificate 2511-8474-6147-8949-3027). Meets today's minimum for letting commercial property in England and Wales (E or better).
How it compares
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Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
Town & Country's record
Town & Country's results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Leasehold office lot in Hemel Hempstead. Producing £49,000 a year, a 9.3% gross yield at the guide.
Lot 14. Ground Floor Commercial Premises in Prime Town Centre Location The property comprises a ground floor retail shop with 999 lease (virtual freehold). The ground floor comprises a large main sales area along with a stock room/office. There is a 10 year commercial lease in place until 2036, £49,000 per annum with a 5 year break. The property is located within a prime position on the pedestrianised section of the Marlowes within the town centre. The unit is immediately adjacent to Tesco and other local occupiers in the immediate area include Poundland, Superdrug, Holland & Barrett and Lloyds Bank. Hemel Hempstead is one of the principal towns in Hertfordshire with a population in order of approximately 100,000. The town is served by the M1 motorway (J8) and is approximately 4 miles from the M25 (J20/M21). The town is also served by the main line railway with the station being approximately 1.5 miles from the town centre. Tenure: Leasehold For sale by online auction on 4th November 2026 £49,000 pa 10 year lease to 2036 999 leasehold Commercial investment Disclaimers: Material information will be provided within the legal pack - to download this register your interest at…
Figures come from Town & Country's published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.