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192-94 Watford Rd 2,293 sq ft Retail Property St Albans AL2 3EB £825,000 (£359.79/sq ft)

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INVESTMENT HIGHLIGHTS

  • Freehold for sale (may let)
  • Warehouse at rear of property
  • 2 shops, 1 x 3 bed flat, 1st floor office

EXECUTIVE SUMMARY

Prominent double fronted retail premises with 1st floor office and a 3 bedroom self-contained flat plus detached warehouse to the rear of the property. The premises comes with ownership of part of the forecourt to the front. A former fireplace retailer within an inter-communicating shop space with internal staircase leading to 1st floor office and showroom above one shop and a rear staircase leading to a 3 bedroom flat at 1st floor level above the left-hand shop. The flat is currently let on an AST producing £16,800 pa, the rest of the property is vacant. NB the flat will become vacant at the end of June 2025. The premises would suit an owner occupier, retailer, restaurant, showroom or developer to create a separate residential dwelling from the 1st floor space (subject to planning consent).

PROPERTY FACTS

Sale Type
Investment or Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
2,293 sq ft
Costar Property Class
B
Year Built
1955
Price
£825,000
Price per sq ft
£359.79
Tenancy
Single
Number of Floors
3
Plot ratio
0.53
Total Plot Size
0.10 ac
Frontage
42 ft on Watford Road

AMENITIES

  • Security System
  • Storage Space
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • sq ft OCCUPIED
  • RENT/sq ft
  • LEASE END
  • Retailer
  • -
  • -
  • Jan 0000

Their fireplace and stove company started in 1983 and is still run by the original local owner. They are proud to be small enough to give a personal service, but big enough to offer a complete range of products services and after sales back up. They pride themselves on being able to offer the full service of conception to completion of your desired fire, fireplace or stove. Their fitting service teams have years of experience between them of fitting fireplaces, fire surrounds, fires and stoves – gas, solid fuel and electric. They are Gas Safe and HETAS registered. With Over 30 years’ experience in the industry and their company ethos is professionalism, customer service and pride in their work. All this enables them to offer you the highest quality fitting service available. They are proud of the fact that so much of their work comes to them from customer recommendation and repeat business.

TENANT INDUSTRY sq ft OCCUPIED RENT/sq ft LEASE END
Retailer - - Jan 0000

NEARBY MAJOR RETAILERS

Co-op
Starbucks
Waitrose & Partners
Costcutter
Iceland
Sainsbury's
Costa Coffee
  • Listing ID: 35655784

  • Date on Market: 28/04/2025

  • Last Updated:

  • Address: 192-94 Watford Rd, St Albans AL2 3EB

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