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For SalePOA
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
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.

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 area:-

742 sq ft (68.93 sq m)

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

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

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).

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.

Each party to be responsible for their own legal costs.
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