Hertfordshire, HP3 9BG sw.co.uk

499 London Road Hemel HempsteadFREEHOLD FOR SALE

By Order of the Joint LPA Receivers Residential and Commercial Development Opportunity

499 London Road, Hemel Hempstead, Hertfordshire, HP3 9BG sw.co.uk02

DescriptionThe site is a former car showroom and workshop with a roadside forecourt and parking on a 0.36 ha (0.88 acre) site. The showroom and workshop are of steel portal frame construction with a full height glazed frontage.

PlanningThe property lies within an area administered by Dacorum Council.The site was granted consent for the ‘Demolition of existingretail car showroom, workshop and associated facilities andconstruction of 3 floors of offices and lobby areas, cafeteriaand integrated basement parking (all matters reserved)’ inJune 2017 (Ref 4/00722/17/MOA).This permission has now lapsed.The site forms part of a key development site referred to asSite 1: Hemel Hempstead Station and Surroundings in theTwo Waters Masterplan Guidance, which was adopted as aPlanning Statement in 2018 and is due to be developed intoa Supplementary Planning Document in 2022. The Guidanceshows that the site falls within an area that would be suitablefor residential development up to 4 and 6 storeys in height.The principle of residential development is supported bya pre-planning application statement and response fromDacorum Council. A copy of the statement and response isavailable on request.

TenureThe site is held Freehold under Title No’s:HD373711 and HD581215

VATWe understand VAT will be payable in addition to thepurchase price.

EPCD (86).

ProposalWe are seeking offers in excess of £3,000,000 for theFreehold interest, subject to contract and exclusive of VAT.

Data RoomAccess available upon request.

499London Road

HP3 9BG

Hemel Hempstead

AccommodationWe understand the existing building provides the followingapproximate floor areas:

Use sq m sq ft

Car Showroom 338.18 3,640

Offices / Staff Accommodation 76.73 826

Main Workshop 482.91 5,198

First Floor 123.84 1,333

Workshop 44.96 484

Total 1,066.62 11,481

Town Centre

03 sw.co.uk

For further information or to arrange a viewing, please contact:Peter Loveday MRICS Partner Mobile: 07511 050 457 Peter.Loveday@sw.co.uk Alexander Blanning MRICS Senior Surveyor Mobile: 07593 819929 alexander.blanning@sw.co.uk

Sanderson Weatherall LLP1st Floor, 13 Austin Friars London, EC2N 2HEOffice: 0207 851 2100

Misrepresentation Act 1967: Messrs Sanderson Weatherall LLP for itself and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1) These particulars do not constitute any part of an offer or contract; 2) None of the statements contained in these particulars as to the properties are to be relied on as statements of representations of fact; 3) Any intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained in these particulars; 4) The vendor(s) or lessor(s) do not make or give and neither Messrs Sanderson Weatherall LLP nor any person in their employment has any authority to make or give any representation or warranty whatsoever in relation to this property; 5) None of the building’s services or service installations (whether these be the specific responsibility of the freeholder, lessor or lessee) have been tested and are not warranted to be in working order. Finance Act 1989: Unless otherwise stated all prices and rents are quoted exclusive of VAT. Consumer Protection from Unfair Trading Regulations 2008 and Business Protection from Misleading Marketing Regulations 2008; Every reasonable effort has been made by Sanderson Weatherall to ensure accuracy and to check the facts contained in these particulars are complete. Interested parties are strongly advised to take appropriate steps to verify by independent inspection or enquiry all information for themselves and to take appropriate professional advice.Sanderson Weatherall LLP Registered in England company number OC 344 770 Registered Office 6th floor, Central Square, 29 Wellington Street, Leeds, LS1 4DL. October 2020

499 London Road, Hemel Hempstead, Hertfordshire, HP3 9BG

LocationHemel Hempstead is a New Town in Hertfordshire,approximately 6 miles west of St. Albans, 10 miles south ofLuton and 30 miles north of Central London.The site fronts onto London Road (A2451) overlookingBoxmoor Common, approximately 1 mile west of HemelHempstead town centre. Hemel Hempstead train station is adjacent to the site. The average journey time between Hemel Hempstead and London Euston by train is 31 minutes. On an average weekday, there are 82 trains travelling from Hemel Hempstead to London Euston.The site has open views overlooking Boxmoor Common outtowards the River Bulbourne and Grand Union canal. Near-bypublic houses include the Fishery Inn overlooking the GrandUnion Canal and the Mallard Harvester, located between thesite and station. Shopping and local amenities are availablein Hemel Hempstead town centre.