The premises comprise a self contained ground floor shop, which provides an open plan sales area to the front with a WC and kitchen to the rear. The shop is attractively fitted out with timber laminate flooring and plaster ceiling with inset spot lighting.
The premises are situated in an prominent corner position fronting on to Catherine Street at its junction with Etna Road. The premises are just under 200 metres from the junction of Catherine Street and St Peters Street.
shop, retail unit
is located in St Albans.
Close to St Albans City Centre
63 Catherine Street - St Albans - AL3 5BN
Prominent corner position
Close to St Albans city centre
10 year lease from Feb 2018
Income of £12,000 per annum
Price - £175,000
T: 01727 843232
54-56 Victoria Street, St Albans, Hertfordshire AL1 3HZ
63 Catherine Street
The premises comprise a self contained ground
floor shop, which provides an open plan sales area
to the front with a WC and kitchen to the rear. The
shop is attractively fitted out with timber laminate
flooring and plaster ceiling with inset spot lighting.
The shop is let on an effectively full repairing lease
for a term of 10 years from 16th February 2018 at a
rent of £12,000 per annum. The tenant is a private
individual trading as a tailor and has provided a six
month rental deposit. There is a rent review at the
end of the fifth year of the term.
The net internal floor areas are as follows:
228 sq ft
(21.16 sq m)
The premises are situated in an prominent corner
position fronting on to Catherine Street at its
junction with Etna Road. The premises are just
under 200 metres from the junction of Catherine
Street and St Peters Street.
The shop is to be sold on a new long lease of 199
years, subject to a peppercorn ground rent.
Rateable Value - £5,700.
Energy Performance Rating
144 (Band F)
Each party to be responsible for their own legal
costs incurred in this transaction.
We understand that the property is not currently
elected for VAT.
Strictly by appointment via sole agents.
Anthony Woodcock / Matthew Bowen
Aitchison Raffety (AR) for themselves and for the vendors/lessors of this property, whose agents they are, give notice that: (1) These particulars are set out as a general guideline only for
the guidance of prospective purchasers/lessees and do not constitute the whole, nor any part, of an offer or contract. (2) No person employed by AR has any authority to enter into any
contract, nor make or give any warranty or representation whatsoever in relation to this property. The terms quoted and all subsequent negotiations are subject to contract. (3) All descriptions, dimensions, references to condition, necessary permissions for use and occupation, and any other details, are given in good faith and are believed to be correct at the time of
compilation, but an intending purchasers/lessees should not rely on them as statements or representations of fact and must satisfy themselves as to their accuracy. (4) Any comment on
council tax/rateable value/rates payable, and permitted planning use, is given in good faith from information informally supplied to us. Intending purchasers must seek confirmation direct
from the relevant Local Authority. (5) All plant, machinery, equipment, services and fixtures & fittings referred to were present at the date of first inspection, but have not been tested and
AR give no warranty or representation as to their condition, operation or fitness for the intended purpose. (6) AR do not hold themselves responsible, in negligence or otherwise, for any
loss arising from the use of those particulars, nor for any expense incurred in viewing the premises or for abortive journeys. (7) All prices/rents are exclusive of VAT (unless otherwise stated) and interested parties should take independent advice as to the VAT and general taxation implications of proceeding.
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