Summary - Imagination Technologies, Boundary Way, Hemel Hempstead, HP2 7YU HP2 7YU
1 bed 1 bath Data Centre
Purpose-built freehold data centre with long-term income in Maylands tech hub..
- Purpose-built data centre, approx 28,256 sq ft
- Two data halls with high-spec internal fit-out
- 3 MVA power supply and backup generator systems
- Freehold on secure 1.404-acre site with gated access
- Sale and leaseback to a strong covenant, fixed uplifts
- Offers sought in excess of £9.5m; 6.27% net initial yield
- Very high local crime levels — security considerations
- Broadband speeds very slow; review connectivity needs
A purpose-built, high-specification data centre on a secure 1.404-acre freehold site, offered via sale and leaseback to a strong covenant. The building extends to approximately 28,256 sq ft (2,625 sq m) over ground floor, with two data halls, a 3 MVA power supply and standby generator systems supporting resilient operations. Secure perimeter fencing, gated access and dedicated loading and plant areas provide practical operational security and logistics.
The property sits in Maylands, Hemel Hempstead, a well-established commercial and technology hub with fast road links to the M1 and M25 and rail services to London Euston in under 30 minutes. The long-term income stream includes fixed rental uplifts and offers are sought in excess of £9.5m, reflecting a net initial yield of 6.27% (assuming standard purchaser’s costs).
Practical considerations: the site benefits from excellent mobile signal and low flood risk, but local recorded crime levels are very high and on-site broadband speeds are very slow — factors buyers should assess against security and connectivity requirements. The facility is best suited to investors seeking stable, operational income from a built-for-purpose data asset within a major commercial conurbation.
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