Guide price
£7,100,000
(£51.27/sq. ft)
Business park for saleNorth Orbital Road, St Albans AL2
138,521 sq. ft
About this property
A 3.179-acre (1.286 ha) site consisting of the front element of the retail park
Approx. 140 car parking spaces
Arranged as 10 units, with an additional 2 Units (C5 and C9) sold off on long le
The asset is now fully-let, producing a total of £629,860 per annum
Additional ancillary income of £39,000 per annum
There is potential for significant rental uplift
The asset is now fully-let, producing a total of £629,860 per annum, exclusive of service charge and additional ancillary income of £39,000 per annum generated from smart parking, EV charging and on-site advertising.
Strong Tenant profile including Wenzels, Costa, Loaf and Dominos.
There is potential for significant rental uplift through a combination of fixed increases within the existing leases and longer-term asset management.
Mortgage calculator
£35,517 per month
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