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Verulam Rd - Alban Row 2,377 - 2,536 SF Office Condo Units Offered at $653,517 - $1,400,394 CAD Per Unit in St Albans AL3 4DG
Investment Highlights
- Well-positioned near town centre
- St Albans City mainline railway station is within 0.75 miles & St Albans Abbey station is within 0.5 miles
- Retail and leisure facilities of the City centre are within a few minutes walk
- 3.5 miles to M25 & 3.1 miles to M1
Executive Summary
The property is located in a prominent position on Verulam Road, one of the main arterial routes into the centre of St Albans.
2 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | Tenure | Long Leasehold |
| Sale Type | Owner User |
| Tenure | Long Leasehold |
Description
The premises comprises a lower ground floor office within a four-storey mid terraced office building.
Benefitting from a recent refurbishment including full redecoration and LED lighting.
Benefitting from a recent refurbishment including full redecoration and LED lighting.
Sale Notes
The long leasehold interest with approximately 232 years remaining is available to purchase for offers in the region £350,000. VAT is not payable on the purchase price.
| Sale Type | Owner User | Tenure | Long Leasehold |
| Sale Type | Owner User |
| Tenure | Long Leasehold |
Description
The premises comprise an entire first floor office within a four-storey mid terraced office building.
Benefitting from gas central heating, surface mounted LED tube lighting, good natural light and perimeter trunking.
Benefitting from gas central heating, surface mounted LED tube lighting, good natural light and perimeter trunking.
Sale Notes
The long leasehold with approximately 230 years remaining is to be sold as an investment and offers are invited in the region of £750,000. VAT is not payable on the purchase price.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Lower Grnd | 2,377 SF | Office | $653,517 CAD ($274.93 CAD/SF) | - |
| Unit 1st Floor | 2,536 SF | Office | $1,400,394 CAD ($552.21 CAD/SF) | - |
Unit Lower Grnd
| Unit Size |
| 2,377 SF |
| Condo Use |
| Office |
| Price |
| $653,517 CAD ($274.93 CAD/SF) |
| NOI |
| - |
Unit 1st Floor
| Unit Size |
| 2,536 SF |
| Condo Use |
| Office |
| Price |
| $1,400,394 CAD ($552.21 CAD/SF) |
| NOI |
| - |
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit Lower Grnd
| Unit Size | 2,377 SF |
| Condo Use | Office |
| Price | $653,517 CAD ($274.93 CAD/SF) |
| NOI | - |
| Sale Type | Owner User |
| Tenure | Long Leasehold |
| Description | |
| The premises comprises a lower ground floor office within a four-storey mid terraced office building.<br> <br> Benefitting from a recent refurbishment including full redecoration and LED lighting.</li></ul> | |
| Sale Notes | |
| The long leasehold interest with approximately 232 years remaining is available to purchase for offers in the region £350,000. VAT is not payable on the purchase price.</li></ul> |
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 1st Floor
| Unit Size | 2,536 SF |
| Condo Use | Office |
| Price | $1,400,394 CAD ($552.21 CAD/SF) |
| NOI | - |
| Sale Type | Owner User |
| Tenure | Long Leasehold |
| Description | |
| The premises comprise an entire first floor office within a four-storey mid terraced office building.<br> <br> Benefitting from gas central heating, surface mounted LED tube lighting, good natural light and perimeter trunking.</li></ul> | |
| Sale Notes | |
| The long leasehold with approximately 230 years remaining is to be sold as an investment and offers are invited in the region of £750,000. VAT is not payable on the purchase price.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 9,764 SF | Typical Floor Size | 3,255 SF |
| Property Type | Office | Year Built | 1996 |
| Building Class | B | Lot Size | 0.18 AC |
| Floors | 3 | Parking Ratio | 1.34/1,000 SF |
| Total Building Size | 9,764 SF |
| Property Type | Office |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 3,255 SF |
| Year Built | 1996 |
| Lot Size | 0.18 AC |
| Parking Ratio | 1.34/1,000 SF |
Amenities
- Bus Line
- Commuter Rail
- Security System
- Signage
- Storage Space
- Demised WC facilities
- Secure Storage
- Air Conditioning
- Smoke Detector
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1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Verulam Rd - Alban Row
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