Holywell Hill, St. Albans, Hertfordshire, AL1

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

Key Features:

Location: • Nearest Station: St. Albans Abbey Station • Distance to Station: 0.3980695323530992 miles

Agent Information: • Address: 23 Hampden Square, London, N14 5JP

Full Description: FREEHOLD - INVESTMENT FOR SALE - HOLYWELL HILL <br /> <br />LOCATION <br /> <br />Situated in a busy and prominent location on Holywell Hill close to the junction with London Road and Chequer Street and a short walk from the prime pitch within the city centre. St Albans mainline station is also within walking distance. London St Pancras is approximately 20 mins journey time and onward connections to both Gatwick and Luton Airports, the City, Brighton and central Europe. <br /> <br />St Albans is surrounded by the M25, M1 and A1(M), all within a short drive. <br /> <br />DESCRIPTION <br /> <br />The property comprises a character ground floor lock up shop together with a split level first floor <br />showroom and offices together with a small basement which can be used for storage. <br /> <br />LEASE DETAILS <br /> <br />Lease Dated: 1st December 2017. <br /> <br />Terms: 8 years from 5th October 2021 and expiring on 4th October 2025 <br /> <br />Current Rent: £25,300 <br /> <br />Projected Market Rent £30,000-£32,000pax <br /> <br />*No Notices have been served and the Seller is not currently in discussion with the Tenant concerning the renewal of the Lease. <br /> <br />ACCOMODATION <br /> <br />Ground Floor shop showroom together with split level first floor Showroom/office and ancillary storage. <br /> <br />There is currently a small ancillary basement to the front which is not currently in use. <br />Floor area schedule attached. <br /> <br />CONTACT <br /> <br />Viewing and Further Information: <br />Viewing strictly by prior appointment with the Agent: <br />Nicholas Georgiou/Patrick Notaro <br />Neway Chartered Surveyors <br /> <br />Nicholas Georgiou <br /> <br />Patrick Notaro