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This Freehold property comprises this three floor building arranged as a ground floor retail unit utilised as a take away with two floors above rated to be used as offices and WC facilities. Whilst not inspected by the auctioneers, it may be that the tenant is currently utilising the space for alternative purposes however, clearly this space offers conversion potential on reversion.
Accommodation; Ground Floor Retail Space 17.1 sq. M (184.0 sq. Ft.) First Floor Offices 16.9 sq. M (181.9 sq. Ft.) Second Floor Office plus WC 10.9 sq. M (117.3 sq. Ft.) Total Area 44.9 sq. M (483.2 sq. Ft.)
Tenancy: The property is currently let on an assignment on a lease that was originally for 15 years from 2002. Tenant currently holding over at a rent of £6,800 per annum.
Current Rent Reserved: £6,800 per annum - lease renewal and rent review overdue
Location: Redbourn lies within the heart of Hertfordshire, is located east of the M1 Motorway some three miles from Harpenden, four miles from St Albans and five miles from Hemel Hempstead. The heart of the village is where the main shopping facilities can be found fronting the High Street which is home to a range independent retailers and major multiples providing services to the resident population and outlying areas. Similarly the High Street is where a number other services can be found with the recreation centre nearby. Redbourn is well served by transport links especially with the M1 motorway being easily accessible to the north of Redbourn at junction 9. There is also a rail connection at Harpenden to the east which provides direct links to London St Pancras with a journey time of less than 40 minutes
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact Exclusive Estates and Auctioneers, SW18 on +44 20 8115 7085 * (local rate)
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