Montagu Evans bring to market prime St Albans development site

Montagu Evans has brought to market a prime investment and development opportunity in St Albans, Hertfordshire.

1-3 Victoria Square occupies a 2.84-acre site opposite St Albans City railway station.

It comprises ‘The Gatehouse’, the 2,910 sq ft St Albans Register Office let to Hertfordshire County Council until 2034, alongside two offices: 2 and 3 Victoria Square, which extend to a total of 42,759 sq ft.

The historic site formerly housed St Albans Prison, which was built in 1867 and ‘The Gatehouse’ – formerly the governor’s residence – was used as the exterior of HMP Slade in the filming of the 1970s sitcom Porridge.

An office park was developed on the site in the 1990s.

Earlier this year, Montagu Evans’ planning and development teams helped obtain permitted development rights for the conversion of 2 and 3 Victoria Square to 55 apartments. PRP Architects has since prepared a feasibility study to consider optimisation, including potential extension and new build opportunities within the site.

Harry Charman, Senior Associate at Montagu Evans, said: “This is an excellent new investment and development opportunity, close to St Albans’ main commuter station with permitted development rights for new apartments already secured. A buyer is sought on an unconditional basis.”

For further information, including arranging access to the data room or scheduling a viewing, please contact us.