Commercial Property in Park Street available for sale
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Commercial Property for Sale near 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 Mowat Industrial Estate, Watford - Light Industrial for Sale

Mowat Industrial Estate

Watford, WD24 7UY

  • Industrial for Sale
  • £450,000
  • 2,734 sq ft
  • 1 Unit Available

Watford Light Industrial for Sale

Investment Consideration: VAT is NOT applicable to this property Comprises mid-terrace light industrial unit t/a vehicle repair workshop Let until 2028. No breaks. Rent review in July 2025 open market upward only Situated in Mowat Industrial Estate, within short walk from Watford North Train Station and occupiers nearby including McDonalds, Tesco Express and more. Property Description: Comprises light industrial unit t/a vehicle repair workshop, providing the following accommodation and dimensions: Ground Floor Workshop: 120 sq m (1,292 sq ft) First Floor Office: 67 sq m (721 sq ft) First Floor Store: 38 sq m (409 sq ft) Second Floor Store: 29 sq m (312 sq ft) Total area size: 254 sq m (2,734 sq ft) Tenancy: The property is at present let to Cousins Garage Ltd (with personal guarantee) for a term of 18 years from 12th July 2010 at a current rent of £24,000 per annum and the lease contains full repairing and insuring covenants. Rent review on 12.07.25 open market upward only. No breaks. Location: Mowat Industrial Estate is well located within a short distance of St Albans Road, the A41 North Western Avenue, the A4008 Stephenson Way and Junction 5 of the M1. Sandown Road runs broadly parallel with St Albans Road and links Bushey Mill Lane with Balmoral Road, close to the latter’s junction with St Albans Road. Access to the national motorway network is excellent with Junction 5 of the M1 approximately one mile away and Junction 19 and 20 of the M25, less than a 10-minute drive. The property is situated within short walk from Watford North Train Station and occupiers nearby including McDonalds, Tesco Express and more.

Contact:

Blue Alpine Partners Ltd

Date on Market:

08/01/2024

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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 £97 45,621 sq ft
Walton On Thames £175 1,816 sq ft
St Albans £273 16,201 sq ft
Watford £123 31,158 sq ft
Kings Langley £368 759 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 £97 £97 £97
Walton On Thames £168 £175 £182
St Albans £106 £273 £451
Watford £51 £123 £254
Kings Langley £368 £368 £368

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 1,816 sq ft 2,098 sq ft
St Albans 573 sq ft 16,201 sq ft 106,919 sq ft
Watford 1,140 sq ft 31,158 sq ft 74,897 sq ft
Kings Langley 759 sq ft 759 sq ft 759 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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