Location: The premises are located on Hatfield Road in St. Albans. St Albans is a city in Hertfordshire, England. It lies east of Hemel Hempstead and west of Hatfield, about 20 miles north-northwest of central London, 8 miles southwest of Welwyn Garden City and 11 miles south-southeast of Luton. Two railway stations serve the city; St Albans City station, which is situated 0.5 miles east of the city centre, and St Albans Abbey station, which is situated approximately 0.7 miles south-west of the city station. St Albans City station is served by Thameslink on a frequent and fast rail link through central London.
Description: Entering the store there is a service counter to the left with confectionary and snacks to the front. The remainder of the store is mostly stocked to the sides with soft drinks, world foods including herbs and spices, condiments and basic ingredients, additionally snacks along with household items. There is an array of fresh fruit and vegetables. To the rear of the store, elevated by a step, is the butchery counter. Beyond is a store room and a walk in cold room. There is a separate staff WC and rear access. Assets to be included within the sale all of the refrigeration units - 2 large open freestanding fridges, 7 freezers, 1 glass fronted butchery fridge, 2 Electric scales, Video security system, Store shutters
business: The current owner has had the business since 1979 and is now looking to retire and spend more time with his family, hence the reason it is coming onto the market. The business is a general convenience store and a Halal butchery. It stocks fresh fruit and vegetables, as well as dairy. Additionally, it serves specialist foods, along with confectionary and snack also stocks general groceries and frozen foods as well as household items. The butchery is at the back of the store and serves fresh Halal meat. We believe the store could benefit from generating a social media audience to further introduce new customers.
premium: £65,000 for the benefit of the lease, fixtures & fittings.
Rental: £16,000 per annum
lease: New lease to be negotiated with rent reviews
business rates: Current business rates are £8,000 per calendar month. Interested parties are recommended to make their own enquiries with the Rating Department of St. Albans Borough Council
size: Approximately 1076 sq ft
opening hours: 9.00am until 7.30pm Monday to Saturday & 9.00am until 6.30pm Sunday
staff: Owner managed with 2 staff
turnover: Current turnover in excess of £320,000 per annum.
Accounts: Available on request
legal cost: To be confirmed
local authority: St. Albans
energy performamce certificate: Energy Performance Asset Rating is 52 - C Rating. A copy of this property’s energy performance certificate can be viewed at as a pdf file
reference charge: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord.
Holding deposit: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account
fixture & fittings: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition
agent note: London Properties for themselves for Lessors, Vendors and their agents, give notice that:-
1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.
2. These details do not constitute any part of an offer or contract.
3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.
4. All rent prices, fees and charges are quoted exclusive of VAT
viewings: Through London Properties by appointment only
Property descriptions and related information displayed on this page are marketing materials provided by London Properties. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact London Properties for full details and further information.