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Property Listing Details

Property details

  • Floor area 742 sq. ft

Features

  • Available from 9th Apr 2019
  • Unfurnished

Listing view statistics

Last 30 days: 274 page views

Since listed: 567 page views

Description

Location

Rarely available, the premises are situated within a well-established parade of shops on Vesta Avenue, accessed from Watling Street and a short drive to St Albans Abbey Station and St Albans Town Centre.
Description

The property comprises a mid-terrace ground floor shop with off street parking to the front and is currently trading as a laundrette and a dry cleaning receiver shop.

Large Glazed Frontage WC Facilities
Fixtures & Fittings (separate negotiation) Rear Access
Approximate net areas

Approximate net area:-

742 sq ft (68.93 sq m)
Lease

Assignment of the current lease for a term of 7 years which we understand expires in March 2020.
Rent

£8,000 per annum exclusive. No VAT payable.
Premium

By way of separate negotiation, the current tenant is seeking in the order of £67,000 for the goodwill of the business including the fixtures and fittings (Clarification upon request).
Rates

Rateable Value - £10,250
Rates payable 2018/2019 - £4,920

Rates payable should be verified with St Albans District Council, Tel: Small Business Rates Relief may apply if this were a tenant’s only business premises, where no rates would be payable in the current year.
Legal costs

Each party to be responsible for their own legal costs.

Map & Nearby

Local Amenities

  • St Albans Abbey 0.4 miles
  • Park Street 0.9 miles
  • St Adrian Roman Catholic Primary School 0 miles
  • Mandeville Primary School 0.2 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • St Albans Abbey 0.4 miles
  • Park Street 0.9 miles
  • St Adrian Roman Catholic Primary School 0 miles
  • Mandeville Primary School 0.2 miles
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Property descriptions and related information displayed on this page are marketing materials provided by Perry Holt. 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 Perry Holt for full details and further information.