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Verulam Rd - Alban Row 2,377 - 2,536 sq ft Office Units Offered at £350,000 - £750,000 Per Unit in St Albans AL3 4DG
Investment Highlights
- Well-positioned near town centre
- St Albans City mainline railway station is within 0.75 miles & St Albans Abbey station is within 0.5 miles
- Retail and leisure facilities of the City centre are within a few minutes walk
- 3.5 miles to M25 & 3.1 miles to M1
Executive Summary
The property is located in a prominent position on Verulam Road, one of the main arterial routes into the centre of St Albans.
2 Units Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Owner Occupier | Tenure | Long Leasehold |
| Sale Type | Owner Occupier |
| Tenure | Long Leasehold |
Description
The premises comprises a lower ground floor office within a four-storey mid terraced office building.
Benefitting from a recent refurbishment including full redecoration and LED lighting.
Benefitting from a recent refurbishment including full redecoration and LED lighting.
Sale Notes
The long leasehold interest with approximately 232 years remaining is available to purchase for offers in the region £350,000. VAT is not payable on the purchase price.
| Sale Type | Owner Occupier | Tenure | Long Leasehold |
| Sale Type | Owner Occupier |
| Tenure | Long Leasehold |
Description
The premises comprise an entire first floor office within a four-storey mid terraced office building.
Benefitting from gas central heating, surface mounted LED tube lighting, good natural light and perimeter trunking.
Benefitting from gas central heating, surface mounted LED tube lighting, good natural light and perimeter trunking.
Sale Notes
The long leasehold with approximately 230 years remaining is to be sold as an investment and offers are invited in the region of £750,000. VAT is not payable on the purchase price.
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit Lower Grnd | 2,377 sq ft | Office | £350,000 (£147.24/sq ft) | - |
| Unit 1st Floor | 2,536 sq ft | Office | £750,000 (£295.74/sq ft) | - |
Unit Lower Grnd
| Unit Size |
| 2,377 sq ft |
| Unit Use |
| Office |
| Price |
| £350,000 (£147.24/sq ft) |
| NOI |
| - |
Unit 1st Floor
| Unit Size |
| 2,536 sq ft |
| Unit Use |
| Office |
| Price |
| £750,000 (£295.74/sq ft) |
| NOI |
| - |
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit Lower Grnd
| Unit Size | 2,377 sq ft |
| Unit Use | Office |
| Price | £350,000 (£147.24/sq ft) |
| NOI | - |
| Sale Type | Owner Occupier |
| Tenure | Long Leasehold |
| Description | |
| The premises comprises a lower ground floor office within a four-storey mid terraced office building.<br> <br> Benefitting from a recent refurbishment including full redecoration and LED lighting.</li></ul> | |
| Sale Notes | |
| The long leasehold interest with approximately 232 years remaining is available to purchase for offers in the region £350,000. VAT is not payable on the purchase price.</li></ul> |
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 1st Floor
| Unit Size | 2,536 sq ft |
| Unit Use | Office |
| Price | £750,000 (£295.74/sq ft) |
| NOI | - |
| Sale Type | Owner Occupier |
| Tenure | Long Leasehold |
| Description | |
| The premises comprise an entire first floor office within a four-storey mid terraced office building.<br> <br> Benefitting from gas central heating, surface mounted LED tube lighting, good natural light and perimeter trunking.</li></ul> | |
| Sale Notes | |
| The long leasehold with approximately 230 years remaining is to be sold as an investment and offers are invited in the region of £750,000. VAT is not payable on the purchase price.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 9,764 sq ft | Typical Floor Size | 3,255 sq ft |
| Property Type | Office | Year Built | 1996 |
| Costar Property Class | B | Total Plot Size | 0.18 ac |
| Floors | 3 | Parking Allocation | 1.34/1,000 sq ft |
| Total Property Size | 9,764 sq ft |
| Property Type | Office |
| Costar Property Class | B |
| Floors | 3 |
| Typical Floor Size | 3,255 sq ft |
| Year Built | 1996 |
| Total Plot Size | 0.18 ac |
| Parking Allocation | 1.34/1,000 sq ft |
Amenities
- Bus Route
- Commuter Rail
- Security System
- Signage
- Storage Space
- Demised WC facilities
- Secure Storage
- Air Conditioning
- Smoke Detector
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1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Verulam Rd - Alban Row
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