Petrol Stations for sale in Radlett, UK

Commercial Property in Radlett available for sale

Retail Properties for Sale Near the Radlett, UK

More details for 255 Watling St, Radlett - Retail for Sale

253-255 - 255 Watling St

Radlett, WD7 7AL

Retail for Sale
£1,000,000
7,992 sq ft

Radlett Retail for Sale

This Grade II listed investment opportunity comprises six commercial units prominently situated at the corner of Watling Street and Station Approach in Radlett, an affluent commuter town located between St Albans and Borehamwood. The property enjoys extensive frontage and strong visibility at a heavily trafficked junction while benefiting from excellent connectivity, including Radlett Station’s direct rail service to London St Pancras International in approximately 25 minutes and easy access to the M25 (Junction 22) and A1(M). The buildings, dating from around 1854, are arranged as a traditional flint and brick parade providing a mix of ground-floor retail units and office accommodation. All units are occupied; however, current leases are holding over, providing incoming investors with significant asset management potential through lease regearing and rental uplift. There is additional potential to explore residential conversion on upper parts, subject to listed building requirements, offering a long-term value-add strategy. Offers are invited in excess of £1,000,000 for the available freehold interest. This property is VAT elected.

Contact:

Aitchison Raffety Commercial Ltd

Property Subtype:

Shopfront

Date on Market:

06/05/2026

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Watling St

Radlett, WD7 7NA

Retail for Sale
£6,700,000
18,884 sq ft

Radlett Retail for Sale

Oakway Parade presents an opportunity to acquire a historic mixed-use property in Radlett, Hertfordshire, an affluent commuter village located approximately 17 miles northwest of central London. This characterful terrace, originally constructed in 1924, spans multiple retail and residential units along Watling Street, a prominent commercial axis in Radlett. The parade offers a gross floor area of approximately 38,000 sq ft, combining ground-floor retail, restaurants, galleries, and dental surgeries, with offices and 10 residential units above. The property generates current income of £419,600 per annum, projected to increase to approximately £458,000 per annum through near-term lettings and ERV optimization. Positioned on a well-trafficked thoroughfare close to Park Road, the property benefits from high levels of passing pedestrian and vehicular traffic, contributing to its robust trading environment. The site includes disused rear buildings granted planning consent in 2021 for approximately 10,000 sq ft of new offices and studios, creating additional development potential. Opportunities exist for asset management initiatives, such as lease regears, residential refurbishments, or alternative use redevelopment. Offers in excess of £6,700,000 are invited for the freehold interest, excluding 163–165 Watling Street.