Grovelands Business Centre
Hemel Hempstead, Hertfordshire
Campus style offices located 1.5 miles from the M1 and 5.2 miles from the M25. Multi-let on 11 FRI leases to 10 tenants. Currently 14% vacant. Total current rent of £381,567 per annum (£11.13 per sq ft overall) with a weighted average unexpired lease term to breaks of 2.16 years and 4.27 years.
The property was sold as part of the Principal Trust Portfolio.
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