18-19 George Street, St. Albans, Hertfordshire
£334.13 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,080 sq ft
193 sq m
- SECTOR
Commercial property for sale
Key features
- Attractive grade II listed building
- Character location close to The Cathedral & St Albans Boys School
- Freehold Investment
- Rear Courtyard for both units
- Two self contained retail units
- Wealth of character features
- Combined income £46,500 per annum
- Price £690,000 reflecting net internal yield 6.7%
- No VAT payable
Description
18 George Street: Let to The Bride at £28,000 per annum. The lease runs until 10/09/2029.
19 George Street: Recently let to a new bakery, Glaze, at £18,500 per annum. The lease runs until 05/04/2033 and includes a tenant break clause and a rent review scheduled for April 2028.
Both leases contain full repairing and insuring terms.
Upper Flat: Sold on a 999-year leasehold at a peppercorn rent. Importantly, the owner of the flat assumes a full repairing obligation for the entire building above the ground floor ceiling, including the roof, reducing ongoing maintenance obligations for the freeholder or shop tenants. Please refer to the lease for full details.
Brochures
18-19 George Street, St. Albans, Hertfordshire
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- St. Albans Abbey Station0.5 miles
- St. Albans Station0.5 miles
- Park Street Station1.9 miles
Notes
Disclaimer - Property reference 103800FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Aitchison Raffety, St. Albans. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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