Retail premises for sale in London Road, St.Albans AL1

£475,000 (£501.58/sq. ft)
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Retail premises for sale

947 sq. ft*

Property description

We are happy to bring to market an excellent investment opportunity. This retail commercial premises is made up of two commercial units, which are connected at the rear. At the front, it is set out as one showroom, with an access stair in middle for the flats above. It is located 300 metres from St Albans High Street and town centre, on an established retail parade.

Total accommodation approx. 88 sqm / 947 sqf

The property is let to 123Floor Limited at £38,000 p.a. Until 5/10/2026.

Location:
St Albans is a city in Hertfordshire, 20 miles north-west of London, 8 miles south-west of Welwyn Garden City and 11 miles south-east of Luton.

The property is located fronting on to London Road at the junction with Watsons Walk just to the southeast of the main retail pitch of St Albans, and a 10 minute walk from St Albans train station.
Surrounding occupiers are predominantly professional services, flooring shops and local eateries.

Key Features:
• To be sold with a new long lease
• Current rent reserved is £38,000 p.a.
• Let until 5/10/2026
• Total accommodation approx. 88 sqm / 947 sqf
• Close to St Albans Town Centre High Street
• Price: £475,000
• Not subject to VAT

Vanderwald Estates have represented the information here based on information provided by the vendor. All potential buyers should only rely on their own due diligence and inspections.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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Vanderwald, E5 on +44 1582 936564 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Vanderwald, and do not constitute property particulars. Please contact Vanderwald for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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