Garage Site At Woods Avenue, Hatfield, AL10 8NB
- SIZE AVAILABLE
5,184 sq ft
482 sq m
- SECTOR
Warehouse for sale
Key features
- Significant development potential (subject to obtaining necessary consents)
- Garages can be bought as a Portfolio or purchased individually
Description
The portfolio includes a total of 110 garages currently producing a combined annual rental income of £76,840. These garages provide a resilient, defensive income stream with low management overhead and strong local demand from residents and small businesses for secure storage and parking.
The sites offer immediate cashflow with scope for short-term rental uplift and significant longer-term redevelopment potential (subject to planning). Several of the sites are well-situated within established residential areas, close to amenities and transport links, making them highly suitable for future residential infill, alternative commercial use, or mixed-use development.
This represents a rare opportunity to acquire income-producing assets with latent value, appealing to buy-to-let investors, developers, family offices, or landlords seeking diversification into a stable, high-yield asset class with clear upside through active management or redevelopment.
The site is situated within a predominantly residential area close to the University of Hertfordshire campus, approximately two thirds of a mile to the south of Hatfield town centre. The garages are accessed from the north side of Woods Avenue.
The site comprises 16 garages across 2 blocks.
The garages currently produce an income of £5,460 per annum.
Brochures
Garage Site At Woods Avenue, Hatfield, AL10 8NB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hatfield Station1.1 miles
- Welham Green Station1.5 miles
- Brookmans Park Station2.5 miles
Notes
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