13 a+b, London Road, St. Albans, Hertfordshire

Property Details: • Type: Commercial Property • Tenure: N/A • Floor Area: 733 sqft

Key Features: • 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

Location: • Nearest Station: St. Albans Station • Distance to Station: 0.32096344665422166 miles

Agent Information: • Address: King House, 55Victoria Street, St. Albans, AL1 3ER

Full Description: This attractive freehold property comprises two self contained fully let retail units offering stable income with potential for retail growth.<br /><br />13a London Road ­ Let to ' Hers and Sirs Hair' at an annual rent of £17,500. This lease runs until 04/09/26<br />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.<br />Both leases contain full repairing and insuring terms.