LOCATION

The property is situated in Hatfield Road close to the city centre. This is an established area with a wide variety of retail outlets and services represented. St Albans is a prosperous and historic market town, strategically situated some twenty miles north west of central London. The City enjoys excellent road and rail communications with the M25 (J21A), M1 (J6) and A1(M)(J3) motorways all within approximately six miles distance. St Albans mainline railway station provides for rapid access to St Pancras International (approximate travelling time twenty minutes).

DESCRIPTION

The property comprises ground floor shop and basement - A1 use.

FACILITIES

• Heating
• Power Points
• Telephone Point available
• Basement

LEASE

The premises are available by way of a new lease.

RENT

£16,850 per annum, exclusive of insurance, utilities, business rates and a contribution towards external repairs and decoration.

ACCOMMODATION

The approximate net internal floor areas are:
Ground Floor Shop and Basement 688.2 sq ft / 63.9 sq m

BUSINESS RATES

We have checked the VOA website and the rateable value stated is as below:

Rateable Value £13,500
Rates Payable for 2019 - 2020 £6712.42*
*Please note that Business Relief may be available to reduce the Business Rates Liability to nil subject to confirmation with the Business Rates Department at St Albans City and District Council.

LEGAL COSTS

Each party to be responsible for their own legal costs in connection with this matter.

NON DOMESTIC ENERGY PERFORMACE CERTIFICATE (NDEPC)

C72

VAT

The property is not elected for VAT.