Retail property, St Peters Street, St. Albans, Hertfordshire – St Albans
Shop, retail unit for sale
A three-storey brick built building, equipped for the sale of newspapers, magazines, cigarettes, cards, sandwiches and convenience store items such as food and alcohol. There is ample customer footfall and a good visual presence on the high street.
LENGTH OF LEASE IS TO BE NEGOTIATED WITH THE FREEHOLDER.
Location The shop is situated in the heart of the affluent city of St Albans, which is located approximately 25 miles North of London.
The nearest train station is St Albans City (0.6 miles), which offers a journey time to London of approx.18 minutes.
Internal Details Retail space is circa 450 sq/ft and to the rear of the store is a stockroom/sandwich preparation area, along with a w.c.
Letting Accommodation There is a two bedroom apartment with separate access, currently let at a rent of £1070.00 per calendar month in additional income.
External Details Additional storage is available by means of a detached storage unit in the gated rear yard area. The Council has allocated a single parking space to the rear of the store (an annual parking permit is required at additional cost).
The Opportunity This business has been operated by the current occupiers for 36 years. The business before their ownership had been trading for circa 100 years.
There is scope to grow the trade further through increased opening hours and diversifying the product range.
Staff The business is currently run by the owner and 2 members of staff.
This shop, retail unit for sale is located in St Albans.