Summary
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Industry: Automotive
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Service: Investment Sale
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Location: St Albans
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Size/value: 14,534 sq ft on 1.25 acres. Sold for £5m.
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Date: June 2025
Prime car dealership asset situated in the affluent city of St Albans located in the heart of a mixed industrial, retail and car dealership cluster. Adjoining Honda, Hyundai, Nissan, MG, Suzuki and BYD. Let to Tesla Motors Ltd on a 20 year lease from April 2024 with tenant break options in the 7, 12, and 17 years. Passing rent £325,000 p.a. (£22.36 psf). Sold to private investor.
To find out more contact the team.

