Offers in region of
£1,000,000
(£283.05/sq. ft)
Property for sale253-255 Watling Street, Radlett, Hertfordshire WD7
3,533 sq. ft
Available immediately
About this property
Fully let commercial investment with immediate asset management opportunities
Grade II listed building
Well established, long standing tenants
Available Freehold
Car parking to rear
Prominent corner location
The portfolio comprises six commercial units prominently positioned on the corner of Watling Street and Station Approach in Radlett. The properties benefit from extensive frontage and strong visibility at this well-trafficked junction. The building is Grade II listed.
Arranged as a parade dated to around 1854 . The buildings offer a mix of retail and office accommodation, all currently let to a range of occupiers. The tenancies are presently holding over on expired leases, providing an investor with immediate asset management opportunities.
Given the strength of the location and occupational demand, there is clear potential to enhance income through lease regearing and rental growth or potential residential conversion, making the portfolio an attractive opportunity for long-term commercial investment.
Radlett is an affluent location situated between St Albans and Borehamwood, with excellent connectivity via the M25 (Junction 22, circa 2 miles) and the A1(M) (circa 4 miles). Radlett railway station provides direct services to London St Pancras International in approximately 25 minutes, giving it a strong commuter appeal.
Watling Street is a prime commercial location and forms the principal thoroughfare through the town, providing high visibility, steady vehicular flow, and a well-established mix of retail, leisure, and professional occupiers. The Thameslink railway station location is located immediately to the rear of the premises.
Arranged as a parade dated to around 1854 . The buildings offer a mix of retail and office accommodation, all currently let to a range of occupiers. The tenancies are presently holding over on expired leases, providing an investor with immediate asset management opportunities.
Given the strength of the location and occupational demand, there is clear potential to enhance income through lease regearing and rental growth or potential residential conversion, making the portfolio an attractive opportunity for long-term commercial investment.
Radlett is an affluent location situated between St Albans and Borehamwood, with excellent connectivity via the M25 (Junction 22, circa 2 miles) and the A1(M) (circa 4 miles). Radlett railway station provides direct services to London St Pancras International in approximately 25 minutes, giving it a strong commuter appeal.
Watling Street is a prime commercial location and forms the principal thoroughfare through the town, providing high visibility, steady vehicular flow, and a well-established mix of retail, leisure, and professional occupiers. The Thameslink railway station location is located immediately to the rear of the premises.
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