Commercial Property in Park Street available for sale
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Commercial Property for Sale near the Park Street, St Albans

Explore the Latest Park Street Commercial Property for Sale

Commercial Properties for Sale Within 5 miles of the Park Street, St Albans

More details for Wellington Rd, St Albans - Industrial for Sale

Abbey House - Wellington Rd

St Albans, AL2 1EY

  • Industrial for Sale
  • £4,950,000
  • 25,360 sq ft
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More details for 6 Greycaine Rd, Watford - Industrial for Sale

6 Greycaine Rd

Watford, WD24 7GP

  • Office for Sale
  • £300,000
  • 1,152 sq ft
  • 1 Unit Available
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More details for Watling St, Radlett - Industrial for Sale

Radlett One - Watling St

Radlett, WD7 7HT

  • Industrial for Sale
  • £6,750,000
  • 45,621 sq ft

Radlett Industrial for Sale

Detached building in secure contained site Potential to extend to 66,000 sq ft 123 parking spaces Excellent transport links This is a highly accessible location close to the M25 (J21 & 22) and M1 (J6 & J6a) between Radlett, Watford and St Albans. Radlett station provides a fast Thameslink service to London St Pancras. The property fronts onto the east side of Watling Street north of Radlett and just south of the major Parkbury / Ventura Park developments. The property is located in close proximity to the film and TV hub in Elstree and Borehamwood. Radlett One is an individual two storey business building standing in a fully self-contained landscaped site fronting onto Watling Street. It is constructed of steel frame with attractive brick and glazed elevations and is arranged around a distinctive entrance / central atrium, providing excellent natural light. Both floors provide a single continuous and extremely flexible open plan space with ladies and gents WCs. The entrance is on the south side of the building where there is level delivery / loading access. A smaller loading point is provided on the east elevation. An internal staircase / goods-lift / passenger-lift provide access to the lower ground floor which encompasses an uninterrupted open area with columns supporting the upper floor. The car park is attractively laid out with landscaping sympathetically designed in keeping with the green location. The property could suit a range of uses including light Industrial, offices, life science and R&D. Planning permission was granted in 2023 for a 19,806 sq ft (GIA) extension by way of an additional floor bringing the potential total floor area up to approx. 66,000 Sq Ft.

Contact:

Davies & Co

Property Subtype:

Manufacturing

Date on Market:

30/08/2023

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FAQs about Commercial Properties For Sale in Park Street

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How many Commercial Property listings are available for sale in Park Street?
There are currently 1 Commercial Properties available for sale near Park Street. These Park Street Commercial Property listings have an average size of. The largest available listing in Park Street is. The thriving commercial centre and excellent transport links in Park Street make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Park Street?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Park Street currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Park Street?
There is a diverse range of commercial properties available in Park Street to suit various business needs. Park Street offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 1 Park Street commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Park Street, St Albans

Market Overview for Commercial Properties in Park Street

Key information for Commercial Properties investors in Park Street and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Radlett £111 45,621 sq ft
Walton On Thames £185 1,875 sq ft
St Albans £178 5,207 sq ft
Watford £240 19,170 sq ft
Kings Langley £247 2,507 sq ft

Rental Price Trends in Park Street

The price per square foot range for Commercial Properties in Park Street and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Radlett £111 £111 £111
Walton On Thames £171 £185 £197
St Albans £76 £178 £374
Watford £66 £240 £467
Kings Langley £170 £247 £323

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Park Street area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Radlett 45,621 sq ft 45,621 sq ft 45,621 sq ft
Walton On Thames 1,534 sq ft 1,875 sq ft 2,098 sq ft
St Albans 838 sq ft 5,207 sq ft 25,360 sq ft
Watford 1,082 sq ft 19,170 sq ft 74,897 sq ft
Kings Langley 1,276 sq ft 2,507 sq ft 3,738 sq ft

You searched for commercial property for sale in Park Street. Explore 1 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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