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13a&b London Road, St. Albans, Hertfordshire, AL1 1LA

Offers in region of

£450,000

Size

733.05

Tenure

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EPC

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Parking

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Primary use
Other

No floor / site plan

Key features

  • Location close to St. Albans main High Street
  • Freehold investment No VAT payable
  • Price £450,000 reflecting an initial yield of 7%
  • Total income of £30,700 per annum
  • Price £450,000 reflecting an initial yield of 7%
  • No VAT payable

Description

This attractive freehold property comprises two self contained fully let retail units offering stable income with potential for retail growth.

13a London Road ­ Let to ' Hers and Sirs Hair' at an annual rent of £17,500. This lease runs until 04/09/26

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.

Both leases contain full repairing and insuring terms.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

13a&b London Road, St. Albans, Hertfordshire, AL1 1LA

NEAREST STATIONS

National Rail

St. Albans Station

0.31 miles

National Rail

St. Albans Abbey Station

0.46 miles

National Rail

Park Street Station

1.78 miles

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Disclaimer - Property reference 138221FH. 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 Graham & Sibbald, 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.