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A Ground Floor Retail Unit Subject to a Lease Producing £30,000 Per Annum
The property comprises a ground floor retail unit situated within a mid terrace building arranged over ground and first floors.
Tenure
Leasehold. The property will be held on a new 999 year lease.
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Clarence Park are within easy reach. Transport links are provided by St. Albans City rail station.
Accommodation
Ground Floor Retail Unit - 1,018 Sq Ft
Tenancy
97 St Peter's Street is subject to a lease for a term of 15 years commencing 20th January 2026 at a rent of £30,000 per annum.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.