Summary - FIRST FLOOR, ALBAN ROW, 29-31, VERULAM ROAD AL3 4DG
1 bed 1 bath Office
High-yield central asset with parking and modern services for income buyers.
- Whole first-floor office: 2,536 sq ft (very large)
A rare, city-centre investment opportunity in St Albans, offering a whole first-floor office of 2,536 sq ft with a current total income of £65,000 per annum. The lot produces an attractive headline yield of 8.67% before purchaser’s costs, making it suitable for income-focused buyers seeking immediate cashflow.
The accommodation benefits from good natural light, surface-mounted LED lighting, gas central heating, perimeter trunking and three allocated parking spaces to the rear. The floor has been partitioned to suit the existing tenant, so the layout is immediately usable but also offers straightforward reconfiguration potential at lease break or expiry.
Notable cautions: tenure is recorded as unknown and the quoted yield is before purchaser’s costs, so buyers should factor in acquisition expenses and confirm lease terms, service charges and tenant covenant. The property is largely free from flood risk and sits in a very affluent, low-crime area with fast broadband and excellent mobile signal — supportive traits for retaining commercial occupiers.
Overall this is a spacious, well-serviced first-floor office investment in a prime St Albans location, appealing to investors seeking immediate rental income with potential to enhance value through lease re-gearing or refurbishment.
Office for sale in Suite 8, Clockhouse Court, 5-7 London Road, St. Albans, Hertfordshire, AL1 — £495,000 • 1 bed • 1 bath • 1136 ft²
Office for sale in Alban Row, 27-31 Verulam Road, St Albans, Hertfordshire, AL3 — £425,000 • 1 bed • 1 bath • 1434 ft²
Office for sale in Lower Ground, Alban Row, 27-31 Verulam Road, St Albans, Hertfordshire, AL3 — £415,000 • 1 bed • 1 bath • 2377 ft²
High street retail property for sale in 52-56 London Road, St. Albans, Hertfordshire, AL1 — £330,000 • 1 bed • 1 bath • 573 ft²
Commercial property for sale in Holywell Hill, St. Albans, Hertfordshire, AL1 — £495,995 • 1 bed • 1 bath
Office for sale in 4A Porters Wood, St. Albans, Hertfordshire, AL3 6PA, AL3 — £447,500 • 1 bed • 1 bath • 1780 ft²
