Key Points
Freehold Site1.62 AcreNo VAT96 Dedicated Parking SpacesElectric Car Charging PointsShort Drive of Tring High StreetM25 Motorway (14 miles J.20)Tring Railway Station (10 minutes walk)
Pennyroyal Court
Constructed around 1875 for Joseph Grout Williams, the building originally served as the stables for Pendley Manor. Designed in a Jacobean style, the structure features red brick with Bath stone dressings, white brick bands, and a distinctive half-timbered gabled upper floor. Notable architectural elements include a wooden clock cupola with an ogee dome and wind vane. The building's historical and architectural significance led to its designation as a Grade II listed building in 1986
Today the building is occupied by 'The Home Office', a serviced office operator that launched in early 2019 and is home to dozens of small businesses, social enterprises, freelancers and employees from a range of industries.
Dembe Theatre
Dembe Theatre, formerly known as The Court Theatre until June 2024, is a cherished cultural venue. Situated within a Victorian building, the structure originally served as estate stables and later as a riding school. The current manor house, riding stables, and indoor riding school were constructed in 1875 and were passed down to the late Dorian Williams, a show jumping commentator and creator of the Pendley Shakespeare Festival in 1949 .
Established as a theatre in 1978, the venue has been a cornerstone of Tring's cultural scene for decades. In June 2024, it was rebranded as Dembe Theatre to honour its legacy while embracing a renewed vision for the future
Dembe Theatre hosts a diverse array of events throughout the year, including amateur drama, musical theatre performances, professional touring bands, and comedy gigs. It is home to the long-standing Tringe Comedy Festival and supports local groups like the Tring Youth Theatre Project. The theatre also serves as a venue for charity events such as those organized by The Pepper Foundation and Hector’s House
Terms
Pennyroyal Court will be sold with vacant possession. Dembe Theatre will be sold with the benefit of a new Full Repairing & Insuring Lease for a term of 5 years at a rent of £72,000 per annum.
The entire site, comprising both Dembe Theatre and Pennyroyal Court, is available for sale on a freehold basis guiding £3,925,000.
Alternatively, the vendor is open to considering individual offers for Dembe Theatre and Pennyroyal Court.
Location
Nestled on the edge of the picturesque Chiltern Hills and just 30 miles from London, Tring blends countryside charm with excellent accessibility. The site is conveniently located close Tring High Street (less than 1 mile), placing a wide range of independent shops, eateries, and local amenities within easy reach.
The town is well-regarded for its educational offering, with highly-rated schools across all age groups, including the distinguished Tring Park School for Performing Arts and nearby Berkhamsted School.
Tring is extremely well-connected. The A41 provides swift links to the M25 and wider motorway network, while the town’s mainline railway station offers direct services to London Euston in as little as 36 minutes.
A growing hub for entrepreneurs and professionals, Tring supports a diverse mix of local businesses, remote workers, and start-ups, with access to coworking spaces and enterprise networks. Combined with a strong community spirit, excellent schools, and ongoing investment in infrastructure.