Albert Bygrave Retail Park, North Orbital Road, St Albans, AL2 1DL

Guide price

£7,100,000

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Size

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Tenure

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EPC

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Parking

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Primary use: Out of town retail
Frontage: Ask agent

No floor / site plan

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Key features

A 3.179-acre (1.286 ha) site consisting of the front element of the retail park
Approx. 140 car parking spaces
Arranged as 10 units, with an additional 2 Units (C5 and C9) sold off on long leases
The asset is now fully-let, producing a total of £629,860 per annum
Additional ancillary income of £39,000 per annum
There is potential for significant rental uplift

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Description

A 3.179-acre (1.286 ha) site consisting of the front element of the retail park, with approx. 140 car parking spaces. Arranged as 10 units, with an additional 2 Units (C5 and C9) sold off on long leases.

The asset is now fully-let, producing a total of £629,860 per annum, exclusive of service charge and additional ancillary income of £39,000 per annum generated from smart parking, EV charging and on-site advertising.

Strong Tenant profile including Wenzels, Costa, Loaf and Dominos.

There is potential for significant rental uplift through a combination of fixed increases within the existing leases and longer-term asset management.

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Additional information

Service charge: Ask agent
Business rates: Ask agent
Use class: Ask agent
Listed building: Ask agent

Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Brochure

Albert Bygrave Retail Park, North Orbital Road, St Albans, AL2 1DL

NEAREST STATIONS

Park Street Station

1.47 miles

St. Albans Station

1.68 miles

St. Albans Abbey Station

1.78 miles

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Disclaimer - Property reference Bygrave. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by GLPG, Marylebone. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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Albert Bygrave Retail Park, North Orbital Road, St Albans, AL2 1DL

Key features

Description

Brochure

Albert Bygrave Retail Park, North Orbital Road, St Albans, AL2 1DL

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Albert Bygrave Retail Park, North Orbital Road, St Albans, AL2 1DL

Key features

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