This is a unique opportunity to acquire a freehold airspace with planning permission for 12 apartments in Hemel Hempstead, Hertfordshire. The lease includes 12 long leasehold interests, each with a demised parking space, and a total Gross Internal Area of approximately 6,456 sq. ft. The planning permission, granted by Dacorum Borough Council, allows for the construction of two additional storeys above an existing building, providing 12 new residential units. The development is expected to have a Gross Development Value of £2,760,000, with each completed unit valued at £230,000. The location is highly desirable, with excellent transport links and proximity to airports, and the town centre offers a range of amenities, including restaurants, shops, and leisure spaces. The guide price for the airspace is £600,000, making it an attractive opportunity for developers or investors. Viewings are strictly by appointment only.