F Alban Park 6,245 SF Office Building St Albans AL4 0LA £1,700,000 (£272.22/SF)

INVESTMENT HIGHLIGHTS

  • Air Conditioning with zonal controls
  • Combination of private offices, training/conference room and ancillary spaces
  • 1st Floor Kitchen
  • Ground floor double door loading access
  • Raised floors
  • Male/Female and Disabled WCs with Shower
  • 24 on-site parking spaces (inc 2x 7KW EV Chargers)
  • Conveniently located for access to St Albans, Hatfield and the M25

EXECUTIVE SUMMARY

Unit F The Courtyard has been in single occupation for many years and is available due to relocation.
The property comprises a two-storey building and has been adapted to create core offices, scientific laboratory space with ancillary office/workshop and storage.
The existing fit out is largely demountable partitioning so the existing fit out can be reconfigured back to 100% office use, if required.
The property has a current rateable value of £101,000. Based on the UBR of 54.6p the rates payable would be circa £55,145 per annum. We would advise occupiers to make their own enquiries with the Local Authority on any transitional relief.
Offers are invited for the freehold interest in the order of £1.7m, subject to contract only.
The building benefits from 24 dedicated car spaces at a ratio of 1:258 sq.ft with additional overflow car parking nearby.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Tenure
Freehold
Building Size
6,245 SF
Building Class
B
Year Built
1997
Price
£1,700,000
Price Per SF
£272.22
Tenancy
Single
Number of Floors
2
Typical Floor Size
3,123 SF
Building FAR
0.84
Lot Size
0.17 AC
Parking
25 Spaces (4 Spaces per 1,000 SF Leased)

AMENITIES

  • Security System
  • Listing ID: 34155449

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: Alban Park, St Albans AL4 0LA