£450,000

Property for sale

  1.  Photo 3

Offers in region of

£450,000

(£613.87/sq. ft)

Property for sale

13 A+B, London Road, St. Albans, Hertfordshire AL1

733 sq. ft

Local area information

Property location

Nearby amenities

  • St Albans Independent College 0.2 miles
  • St Peter's School 0.3 miles
  • St Albans City 0.4 miles
  • St Albans Abbey 0.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for St. Albans to find out more about the local area.

Features and description

  • Location close to St. Albans main High Street
  • Freehold investment
  • Two self contained retail units
  • Total income of £30,700 per annum
  • Price £450,000 reflecting an initial yield of 7%
  • No VAT payable
This attractive freehold property comprises two self contained fully let retail units offering stable income with potential for retail growth.

13a London Road ­ Let to ' Hers and Sirs Hair' at an annual rent of £17,500. This lease runs until 04/09/26
13b London Road­ This lease has been assigned to Artoplasia. This was let at an annual rent of £13,000 with the lease ending in January 2027.
Both leases contain full repairing and insuring terms.

More information

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  1. Zoopla
  2. Commercial for sale
  3. Hertfordshire
  4. St.albans
  5. London Road