A retail park in St Albans remains up for sale, but the asking price for the site has now dropped to £7 million.

Albert Bygrave Retail Park had been listed by London-based estate agent GLPG with a price tag of £9 million back in May, but this has now dropped significantly in an effort to find a buyer.

The site, which opened back in 1960, is currently home to a number of independent and chain businesses, including Costa Coffee, Domino's and Wenzels.

"The site lies in a prominent position, situated on the North Orbital Road, consisting of a multi-let retail park which is being sold with the benefit of existing income," the listing reads.

"The site is arranged as ten units with an additional two units sold off on long leases.

"There are approximately 140 car parking spaces on site, including EV charging for six cars. The site is regulated by a ANPR parking system, run by Smart Parking, which records over 20,000 vehicle movements per month.

"There is a potential for longer-term asset management and there may be an opportunity for future redevelopment of the site, subject to obtaining the necessary planning consents."