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The Harpenden Estate, Harpenden, Hertfordshire

London - M25

dba040

Mixed Use
£14,000,000

Tenure: Mixed
Tenancy: Mixed

Investment summary

•Harpenden is an affluent town in Hertfordshire benefiting from excellent communications.

•A prime Town Centre mixed-use Freehold Estate totalling 2,971.6 sq m (31,988 sq ft).

•The unbroken estate comprises 28 shops, 7 office suites and 7 apartments.

•The total income is derived from 65.9% retail and 18.4% residential uses.

•Current Income of £815,190 per annum with an estimated rental value of £1,064,648.

•Multi-let to tenants including Halifax Building Society, Johnsons Cleaners UK Limited, C&J Clark International Ltd, TM Group Holdings Ltd (Forbouys), Thomas Cook Retail Ltd, Perfect Pizza Ltd and Connells Residential.

•Detailed Planning Consent to create 17 apartments.

•Active management opportunities to enhance income and capital value.

•Net initial yield of 5.25%.

Contact us for further information
Telephone: +4420 7323 1010
Facsimile: +4420 7323 6600
Email: info@dbaprop.co.uk
Website: www.dbaprop.co.uk

Address:
DBA
91 Wimpole Street
London
W1G 0EF


Misrepresentation Clause

DBA Advisors Ltd for themselves, their Associated Companies, their employees and for the vendors or lessors of the properties whose agents they are give notice that:
1. All particulars or properties provided are given as a general outline only for the guidance of intending purchaser, lessee or tenant, and do not constitute, nor constitute part of, an offer or contract.
Whilst all particulars of properties given including but not limited to descriptions, dimensions, references to condition and necessary permissions for use and occupation and maps are believed to be correct and are given in good faith, they are however given without responsibility on the part of David Baroukh Associates their Associated Companies, their employees and or the vendors or lessors as the case may be.
2. None of the statements contained in any particulars is to be relied upon as a statement or representation of fact.
3. Any intending purchaser or lessee or tenant should not rely on any particulars provided by us and must satisfy themselves by inspection or otherwise as to the correctness of each statement made in such particulars.
4. The vendor or lessor (as the case may be) do not make or give and neither DBA Advisors Ltd, their Associated Companies or any person in their employment have any authority to make or give any representation or warranty whatever in relation to any properties.