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3-3 Thompsons Close 3,122 SF 58% Leased Retail Building Harpenden AL5 4ES $1,123,611 ($359.90/SF)
Investment Highlights
- Prime retail location
- Good location within Harpenden town centre
- Residential conversion potential
Executive Summary
Prime investment opportunity to purchase the freehold interest in this mixed-use commercial detached property.
The ground floor restaurant has been let out on a new 15 year lease from August 2024 at an annual rent of £30,000 to an existing tenant who has traded there for 15 years. The property is subject to 5 yearly rent reviews.
The ground floor houses a self contained fully fitted restaurant, while the first floor consists of self-contained office spaces accessible via a
separate staircase. The offices are potentially suitable for conversion to residential subject to planning.
The ground floor restaurant has been let out on a new 15 year lease from August 2024 at an annual rent of £30,000 to an existing tenant who has traded there for 15 years. The property is subject to 5 yearly rent reviews.
The ground floor houses a self contained fully fitted restaurant, while the first floor consists of self-contained office spaces accessible via a
separate staircase. The offices are potentially suitable for conversion to residential subject to planning.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
3,122 SF
Year Built
1980
Price
$1,123,611
Price Per SF
$359.90
Percent Leased
58%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.79
Lot Size
0.04 AC
Frontage
38’ on Thompsons Close
Amenities
- Restaurant
Space Availability
- Space
- Size
- Space Use
- Position
- Available
The premises is a first floor self contained office space, in a central location in Harpenden. It comprises of kitchenette & WCs, meeting rooms, open plan office space and storage rooms. Positioned with good transport links to London, Luton, and St Albans.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,312 SF | Office | - | Now |
1st Floor
| Size |
| 1,312 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 1,312 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
The premises is a first floor self contained office space, in a central location in Harpenden. It comprises of kitchenette & WCs, meeting rooms, open plan office space and storage rooms. Positioned with good transport links to London, Luton, and St Albans.
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3-3 Thompsons Close
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