Check out this property for sale on PrimeLocation!

Property details
Map & nearby

Retail premises for sale in St. Albans, Hertfordshire

Sold STC

Start photo slideshow

1 of 5

3040900

Interested in this property? Call +44 20 7768 0832 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Retail premises for sale

Property features

Great Investment
Lease due for review August 2024
St. Albans, Hertfordshire
Strip of Land Highlighted in Blue
Property not liable for business rates
Well regarded residential area
Potential purchase for a sipp

Property description

Freehold Of 23 Central Drive, A Lock-Up Shop, Currently Tenanted

Generating just over £11,000 per year to well established business.

This is for the Freehold interest, including the Freehold for the 3 bed maisonette above (long lease of 100 years sold off, so there is long term value in extending the lease)

There is the opportunity for rent increase and periodic reviews (Lease due for review August 2024) and there would be potential purchase for a sipp or similar pension investment.

The Property not liable for business rates and Includes Freehold of maisonette above shop, long lease sold - service charge of £600 charged to tenant of flat above.

Includes small piece of land as you look at front of shop to the right - potential for development, subject to planning (Highlighted in Blue)

Significant footfall from Primary and Secondary schools (Oakwood and Beaumont) This is a well regarded residential area.

Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

Contact Benjamin Stevens about this property

Enter details

Type of enquiry

Request details
Arrange viewing

Preferred Viewing Times (Optional)


Morning (8am-noon)
Afternoon (noon-5pm)
Evening (5pm-9pm)

Name
Email
Telephone
My Postcode
Message (Optional) Characters remaining: 500
About me
Address (Optional)
Send a copy to my email address I would like expert help with overseas money transfers from Smart Currency Exchange Receive a free property guide! All the guidance for your overseas purchase in one place

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Benjamin Stevens, and do not constitute property particulars. Please contact Benjamin Stevens 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.