30-31 Mark Road occupies a site at the southern end of Mark Road within the well-established Maylands Business Area of Hemel Hempstead. Mark Road is accessed via Wood Lane End off Maylands Avenue.
The property is within a short walking distance of retail amenities which are located at the crossroads of Wood Lane End and Maylands Avenue including Starbucks, Tesco Express and Greggs the bakers.
The property has excellent access to the motorway network with the M1 Motorway (Junction 8) approximately 1.83 kilometres (1.14 miles) to the south-east and the M25 (Junction 21) is approximately 6.38 kilometres (3.96 miles) to the south. The A41 lies approximately 2.5 miles from the property, immediately south-west of the town centre, providing an additional fast dual-carriageway link to the M25 at Junction 20 or north to Berkhamsted and Tring.
The property comprises an attractive three storey self-contained office building, which was constructed in 1999/2000 to a good specification. The property has recently been redecorated and had new carpeting fitted throughout.
The building has been constructed to enable it to be occupied in two self contained sections split vertically north/south but it has been occupied historically by a single tenant, with the north and south sides of the building made to intercommunicate on the upper floor levels. There is forecourt parking and further parking to the rear by way of a tunnel access under the first floor accommodation.
The property may be suitable for a variety of alternative planning uses including residential, medical, education and others. There could also be scope for more comprehensive re-development of the site, subject to obtaining the necessary consents.
Freehold for sale with vacant possession or a new fully repairing and insuring lease is available on terms to be agreed. There is strong preference to transact on the whole but consideration may be given to proposals for sales/lettings of the north or the south wings of the building separately.
By prior appointment with Joint Sole Agents: Brasier Freeth, telephone 01442 263 033 or Gilmartin Ley, telephone 020 8882 0111.
£115,000 per annum
£163.58 per sq.m. / £15.20 per sq.ft.
Estimated Rates Payable: £38,207 per annum
Local authority: Dacorum Borough Council
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