Summary - PENNYROYAL COURT, STATION ROAD HP23 5QY
1 bed 1 bath Office
**Standout Features:**
- Freehold site spanning 1.62 acres with a historic charm.
- 18,580 square feet of sizable commercial space.
- 96 dedicated parking spaces with electric car charging points.
- Short drive to Tring High Street and a 10-minute walk to Tring Railway Station.
- Surrounded by an affluent community with excellent local schools.
**Notable Concerns:**
- Grade II listed status may limit renovation potential.
- Current lease of Dembe Theatre runs for 5 years; possible mortgage lending challenges.
- Broadband speeds are slow, potentially impacting digital connectivity.
Nestled on the picturesque edge of the Chiltern Hills in Tring, this expansive freehold property at Pennyroyal Court & Dembe is an incredible investment opportunity for future entrepreneurs, professionals, or anyone seeking versatile commercial space. The historic Pennyroyal Court, originally built in 1875, exudes character with its Jacobean-style architecture, while Dembe Theatre adds cultural value to the site, being a cherished local venue since 1978.
With ample parking and electric charging points, the property caters to modern needs while being close to the vibrant community of Tring, known for its independent shops and top-rated schools. However, potential buyers should note the challenges posed by the Grade II listing and current lease duration, which may impact renovation possibilities and mortgage options.
This unique site, available for £3,925,000, provides an inviting space for ambitious ventures and offers promising potential in a sought-after location. Don’t miss the opportunity to invest in this remarkable property that holds both historical significance and future potential in an affluent community.
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