338 - 344 St Albans Road
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338 - 344 St Albans Road
4 Retail Properties Offered at $2,044,859 in Watford
Investment Highlights
- The property is positioned in a vibrant area with strong transport links
- Benefits from high footfall and excellent visibility
- This parade is situated on the prominent St Albans Road
Executive Summary
A freehold income producing retail parade comprising 8 retail units and 4 flats. A two storey building totaling 5,314 sq ft, occupied by various tenants all within class E use.
Total income of £77,400 p.a. (ERV of c.£120k p.a.).
3 vacant flats (12-months rent guarantee).
Planning granted for an additional 4 flats on the airspace.
Great asset management potential.
Total income of £77,400 p.a. (ERV of c.£120k p.a.).
3 vacant flats (12-months rent guarantee).
Planning granted for an additional 4 flats on the airspace.
Great asset management potential.
Property Facts
Price | $2,044,859 | Number of Properties | 4 |
Price / SF | $929.48 / SF | Individually For Sale | 0 |
Cap Rate | 4.84% | Total Building Size | 2,200 SF |
Sale Type | Investment | Total Land Area | 0.32 AC |
Status | Active |
Price | $2,044,859 |
Price / SF | $929.48 / SF |
Cap Rate | 4.84% |
Sale Type | Investment |
Status | Active |
Number of Properties | 4 |
Individually For Sale | 0 |
Total Building Size | 2,200 SF |
Total Land Area | 0.32 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
340 St Albans Rd, Watford WD24 6PQ | Retail | 265 SF | 1978 | - |
338-338A St Albans Rd, Watford WD24 6PQ | Retail | 597 SF | 1931 | - |
342 St. Albans Rd, Watford WD24 6PQ | Retail | 670 SF | 1928 | - |
344A St. Albans Rd, Watford WD24 6PQ | Retail | 668 SF | 1980 | - |
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338 - 344 St Albans Road
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