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Commercial properties for sale in Welwyn Garden City

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5 commercial properties

  1. 4-24 Howardsgate & 6-8 Wigmore South, Welwyn Garden City, AL8 6BQ

    Retail for sale

    £5,600,000

    840 sq ft

    • Car park
    • Office space
    • Restaurant
    • Train transport
    • Transport

    Prime pitch retail parade located in the centre of Welwyn Garden City.
    □ Welwyn Garden City is an affluent, well-connected South East commuter town.
    □ Prominent position on Howardsgate, Welwyn Garden City’s dominant high street retail pitch.
    □ Excellent footfall location, with Sainsbury’s supermarket and car park to the rear, accessed via Wigmore South.
    □ Nearby occupiers include Cote Brasserie, Bills, Pizza Express, Halifax, Costa and Prezzo.
    □ Currently configured as 8 retail units and 4 residential apartments.
    □ The retail is multi let to eight tenants including Superdrug, Zizzi’s Restaurant, Martins & Co, Cancer Research and The Salvation Army.
    □ Attractive Average Weighted Unexpired Lease Term of 8.2 years to expiries and 5.9 years to breaks.
    □ Total passing rent of £406,450 per annum.
    □ Reversionary potential to £413,171 per annum.
    □ Highly secure income with 93% rated by Creditsafe as Low Risk or Very Low Risk covenants.
    □ Strong trading pitch with recent lease regears demonstrating tenant commitment to the location and only two unlet units on Howardsgate.
    □ Virtual freehold – 999 year interest at a peppercorn rent.
    □ Asset management opportunities to regear leases with existing occupiers, convert the office space to residential.
    □ Seeking offers in excess of £5,600,000.  Allowing for £1,100,000 for the residential element and Purchaser’s costs of 6.61% this reflects an attractive Net Initial Yield 7.36%.

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  2. Unit 4, Mallow Park, Welwyn Graden City, Hertfordshire

    Industrial for sale

    £775,000

    4,562 sq ft

    • Car park
    • Modern
    • Shower
    • Storage
    • Train transport

    The modern unit is of steel portal frame construction with fully fitted offices at first floor. The unit benefits from a single ground level loading door and 6 car parking spaces to the front. The elevations are clad in sliver colour-coated profile steel cladding.

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  3. BioPark, Welwyn Garden City, Broadwater Road, Welwyn Garden City, AL7 3AX

    Land for sale

    P.O.A.

    12,972 sq m

    • Car park
    • Semi-detached office
    • Train transport
    • Tube service

    Redevelopment Opportunity (subject to planning permission), The Property is located in central Welwyn Garden City, north Hertfordshire. Welwyn Garden City was the second garden city founded in 1920 by Ebenezer Howard who sought to create well planned towns for healthier living. Welwyn Garden City is located on the East Coast mainline railway providing direct services to London Kings Cross with an average journey time of 28 minutes. There are good rail links with junctions 4, 5 and 6 of the A1(M) situated in close proximity to the west, connecting to the M25 and the wider motorway network., Welwyn Garden City offers a wide range of amenities. The town centre is the main shopping and service centre for the district. The Howard Centre lies adjacent to the railway station in close proximity to the Property and features an extensive range of high street retailers., Freehold redevelopment opportunity subject to planning permission, Available with vacant possession from Jan 2020, Located in central Welwyn Garden City, Inviting unconditional and conditional offers by way of informal tender, Offers invited by 12 noon on 5th April, The Property comprises an existing 5 storey and 2 storey building of specialist office/laboratory space extending to approximately 12,972 sq metres (GIA) with associated underground parking provided over two basement levels and a surface car park to the south of the Property. There is a substation located on the eastern part. The Property is located within Flood Zone 1 and there are no listed buildings within the boundary. The Property is currently part occupied by a number of tenants within the scientific community including biopharmaceutical, contract research and medical technology. The University of Hertfordshire has confirmed they are closing the facility and are now in the process of seeking vacant possession across the entire premises by the end of January 2020.

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See the latest Welwyn Garden City commercial property listings from across the market. Currently there are 5 available commercial properties in Welwyn Garden City. 4-24 Howardsgate & 6-8 Wigmore South, Welwyn Garden City, AL8 6BQ is the latest commercial property for sale (840 sq ft), listed by Allsop.

Realla operates a heavily trafficked listing service for Welwyn Garden City commercial properties and other markets in the UK with more than £6 billion of commercial property for sale and 12 billion sq. ft. of commercial property space for lease. Realla also attracts a large community of Welwyn Garden City commercial real estate professionals with 1,000s of members comprised of agents, corporate executives, service providers, and more than 1 million buyers, tenants and other principals throughout the UK.

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