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The property comprises an approximate "L" footprint with a long fenced frontage to the A414 and bordering the Holiday Inn Hotel to the east.. The site is heavily wooded and overgrown on the Breakspear Way frontage with open space to the south adjoining existing residential development.
Hemel Hempstead lies alongside the M1, 24 miles to the northwest of London, and following its post war designation as a new town and the construction of the M1, has rapidly expanded as a commercial centre as well as a dormitory town for London Commuters. With a population of well over 100,000 major employers include Amazon, Aquascutum, Dupont, Bp, Atlas Copco, Kodak and as well as companies involved in Aerospace.
This substantial site occupies a prominent location fronting and set back from the south side of the A414 Breakspear Way dual carriageway link between the town centre 1.5 miles and and J8 of the M1 approx 0.4 of a mile.
There are a number of business parks in close proximity and immediately alongside is a Holiday Inn Hotel with residential to the south of the site.
The property falls within the administration of Dacorum Borough Council and is believed to be currently designated as open land.
There may be potential for future development ofr the land subject to grant of necessary consents.
The sale is subject to the inclusion of a 50% overage upon any increase in value following planning - please see the legal pack for detail.
Freehold with vacant possession
Buyers are strongly advised to read these terms and conditions, and check the Special Conditions and any applicable Addendum, prior to bidding on a Lot. Additional costs, charges and encumbrances may apply for Buyers once they have made a successful bid in relation to a property.