icons_size_white icons_size
The UK's leading real estate marketplace
For SalePOA
OR
For RentROA

25 Vesta Avenue, St Albans, AL1 2PG

General Retail, Retail , 742 Sq Ft
Property type: General Retail, Retail
Tenure: Business for sale, To Let
Size: 742 Sq Ft
Price: POA
Rent: ROA
Location: 25 Vesta Avenue, AL1 2PG
LOCATION
Rarely available, the premises are situated within a well-established parade of shops on Vesta Avenue, accessed from Watling Street and a short drive to St Albans Abbey Station and St Albans Town Centre.



DESCRIPTION
The property comprises a mid-terrace ground floor shop with off street parking to the front and is currently trading as a laundrette and a dry cleaning receiver shop.

Large Glazed Frontage WC Facilities
Fixtures & Fittings (separate negotiation) Rear Access


APPROXIMATE NET AREAS
Approximate net area:-

742 sq ft (68.93 sq m)

LEASE
Assignment of the current lease for a term of 7 years which we understand expires in March 2020.

RENT
£8,000 per annum exclusive. No VAT payable.

PREMIUM
By way of separate negotiation, the current tenant is seeking in the order of £67,000 for the goodwill of the business including the fixtures and fittings (Clarification upon request).

RATES
Rateable Value - £10,250
Rates payable 2018/2019 - £4,920

Rates payable should be verified with St Albans District Council, Tel: 01727 866100

Small Business Rates Relief may apply if this were a tenant’s only business premises, where no rates would be payable in the current year.

LEGAL COSTS
Each party to be responsible for their own legal costs.
close
What do you think of our website?
Complete our survey and
you could win £1000
Start here