Restaurants in Park Street available to rent
5

Restaurants to Rent in Park Street (St Albans)

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Restaurants to rent within 5 miles of Park Street (St Albans)

More details for 125-127 High St, Watford - Retail to Rent

The Parade - 125-127 High St

Watford, WD17 1NA

  • Retail to Let
  • £50,000 - £350,000 pa
  • 2,500 - 45,571 sq ft
  • 2 Units Available Now
  • 24 Hour Access
  • Kitchen

Watford Retail to Rent

The property is located in Watford, a town in Hertfordshire, north-west of Central London. It is situated in the town centre with high visibility and footfall, with Watford Junction and Watford High Street Railway Stations a short distance away. It is also less than a mile from Watford Underground stations. With the M1 motorway easily accessible, direct routes to both London and the North are readily available. Additionally, the nearby M25, London’s orbital motorway and bus services, ensure smooth transportation across the region.

Contact:

May & Company

Date on Market:

27/06/2024
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More details for 281 Watling St, Radlett - Retail to Rent

281 Watling St

Radlett, WD7 7LA

  • Retail to Let
  • £30,000 pa
  • 1,250 sq ft
  • Energy Performance: B
  • Air Conditioning
  • Smoke Detector
  • Restaurant

Radlett Retail to Rent

The property comprises a three storey building with retail accommodation on the ground and residential space above over two floors. The property is located approixmately 0.12 miles from Radlett Railway Station and approximately 2.79 miles from Garston Railway Station.

Contact:

Grovelands Investments

Date on Market:

20/08/2025
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LoopNet UK Hertfordshire St Albans Restaurants To Rent in Park Street, St Albans, UK

Learn More About Leasing Restaurants

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Frequently Asked Questions About Renting A Restaurant in Park Street

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What should I consider before renting a restaurant?
Consider the location, footfall, nearby competition, size of the premises, kitchen facilities, extraction systems, licensing, business rates, and whether the layout supports your concept. Planning permission and permitted use are also key.
What is the typical lease length for a restaurant?
Most restaurant leases in the UK are between 5 and 15 years, often with a break clause or rent review after a set period. Short-term lets or pop-ups may be available in some areas.
Do I need planning permission to open a restaurant?
Yes, the premises must have the correct planning use class. Restaurants typically fall under Use Class E (formerly A3). If the premises does not have the correct use, you may need to apply for a change of use through the local council.
What licences do I need to operate a restaurant?
You will need a premises licence if you plan to serve alcohol, play music, or trade late. A food business registration with the local authority is also required before opening.
Are business rates included in the rent?
Usually not. Business rates are typically paid separately by the tenant. However, some landlords may offer rent packages that include rates or service charges. Always confirm what's included.
What is key money and is it common?
Key money is an upfront payment for securing a sought-after lease, often in high-demand areas. It can include fixtures, fittings, goodwill, or lease assignment value. It's more common in established restaurant areas like London or city centres.
Can I take over an existing restaurant?
Yes. Many restaurant premises are offered as lease assignments or with existing fit-outs. This can save on setup costs, but make sure to review existing equipment, licences, and obligations under the lease.
What should I check in the lease agreement?
Check repair obligations, permitted use, rent reviews, service charges, signage rights, and whether you can make alterations. Always seek advice from a solicitor familiar with commercial leases.
Can I renovate or fit out the restaurant space?
Generally yes, but you’ll need the landlord’s written consent for significant changes. Some premises come with a ready-to-use fit-out, while others are let as a blank shell.
How much does it cost to rent a restaurant in Park Street?
Rental prices vary by area and size. Prime high street or city centre locations command higher rents, while fringe or suburban areas are more affordable. Additional costs include fit-out, licences, deposits, and business rates.
How do I find a restaurant to rent in Park Street?
Search on LoopNet, and contact agents who specialise in hospitality and leisure property.

Find More Restaurants to Rent in and Near to Park Street (St Albans) on LoopNet

Park Street (St Albans) Restaurant Rental Market Summary

Key rental metrics for Restaurants in Park Street (St Albans) and comparable markets. This snapshot combines rental rates and typical space sizes to provide a comprehensive view of the rental market.

Market Avg Rent Per Sq Ft Typical Size
Radlett £17 1,180 sq ft
St Albans £41 430 sq ft
Watford £12 16,459 sq ft
Hemel Hempstead £15 2,277 sq ft

Rent Analysis for Park Street (St Albans) Area

Compare rental rates per square foot across cities near Park Street (St Albans). These rates help establish market benchmarks and identify opportunities for tenants and landlords in the commercial rental market.

City Min Rent Per Sq Ft Avg Rent Per Sq Ft Max Rent Per Sq Ft
Radlett £17 £17 £18
St Albans £32 £41 £50
Watford £6 £12 £22
Hemel Hempstead £15 £15 £15

Available Restaurant Sizes Near Park Street (St Albans)

Overview of Restaurant sizes currently available in the Park Street (St Albans) area. Understanding the typical size range helps narrow your search based on space requirements and operational needs.

City Smallest Space Typical Size Largest Space
Radlett 1,110 sq ft 1,180 sq ft 1,250 sq ft
Walton On Thames 6,996 sq ft 6,996 sq ft 6,996 sq ft
St Albans 345 sq ft 430 sq ft 514 sq ft
Watford 1,014 sq ft 16,459 sq ft 42,571 sq ft
Hemel Hempstead 2,277 sq ft 2,277 sq ft 2,277 sq ft

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