Town & Country · 4 Nov 2026 · in 16 days
Substantial 4,732 sq ft Town Centre Commercial Unit with Prominent Marlowes Frontage – Vacant, Class E, 999-Year Lease
181-183 Marlowes, Hemel Hempstead, Hertfordshire, HP1 1BB · South East
LiveLeisureLeaseholdVacant
- Guide
- £850,000
- Rent a year
- ≈£55,400est.
- Yield on the guide
- ≈6.5%est.
- Payback
- ≈15 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- C
- Size
- 4,732 sq ft
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 9191-5947-9006-4010-0647). Meets today's minimum for letting commercial property in England and Wales (E or better).
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
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 leisure lot in Hemel Hempstead. Offered vacant, so there's no income from day one.
Lot 16. Substantial 4,732 sq ft Town Centre Commercial Unit with Prominent Marlowes Frontage – Vacant, Class E, 999-Year Lease A substantial 4,732 sq ft town-centre commercial opportunity, occupying a prominent position fronting Marlowes in the heart of Hemel Hempstead. Offered with vacant possession and a new 999-year lease on completion, the property provides an excellent opportunity for investors and owner-occupiers alike. The lot comprises: ground floor Units 1a and 1b, Store 1 and Stair 2, together with the first floor area, as edged red on lease plans PP01 and PP02. Note: Store 2 at the rear is excluded from the sale. The freeholder is retaining it for the sprinkler water tank, with the necessary rights reserved. This substantial open-plan commercial unit, currently presented in shell condition and providing a flexible blank canvas for an incoming purchaser, with store to the rear and WC, space on the first floor for a staff kitchen and WC, to be fitted by the purchaser. The unit benefits from Class E use, providing flexibility for a wide variety of uses including retail, office, medical/clinic, gym, café/restaurant and showroom, subject to any necessary consents. The…
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.