Commercial property for sale in Bernard Street, St. Albans AL3

£1,250,000 (£477.46/sq. ft)
Commercial property for sale 2,618 sq. ft*
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Property description

*under offer* This investment premises comprises a detached, purpose-built children’s nursery with play area to the side and car parking for 13 vehicles opposite. The accommodation is arranged predominantly on the ground floor with additional staff, laundry and store facilities on the first floor within the roof space. The property is understood to have been constructed in the mid-1990s. It should be noted that
some of the first floor accommodation has no natural light.

Lease Terms
The premises are let on a standard institutional full repairing and insuring lease which runs until the 23rd June 2026 at a passing rent of £65,000 per annum. There is a review on the 29th September 2021. There is no break option.
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Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Aitchison Raffety, AL1 on +44 1727 294846 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Aitchison Raffety, and do not constitute property particulars. Please contact Aitchison Raffety for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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