St Albans is a thriving cathedral city with a strong retailing centre and an affluent catchment population of close to 150,000. It is located approximately 20 miles north of central London and is a popular commuter city due to its excellent rail service in to central London. Retailers in the city include all the major High Street brands including Marks & Spencer, Boots, WH Smith, as well as a wealth of independent retailers and restaurants.
The property is located on the south side of George Street close to the High Street & Market Place and forms a thriving retail location with a wide range of independent retailers and restaurants. George Street provides a busy thoroughfare linking the city centre with St Albans Abbey and the historic area around Fishpool Street. The Christopher Place shopping centre with its 180 space car park is within a short walk.
Nearby occupiers The Flower Box, Earley's, Saks, Galio and Christopher Wharton whilst restaurants include the award winning restaurant Dylans, The Ivy, Wagamma and Zizzi.
The premises comprise a ground floor retail unit that has been extensively refurbished and having the benefit of useable basement accommodation. The retail area is open plan with fitting rooms to the rear and is ready for immediate occupation.
The basement may suit retail use. Within the basement are the toilets and kitchen facilities.
Ground Floor Area: 546 sq ft
Basement Area: 415 sq ft
The property has a rateable value of £20,750. Please note this is not the amount payable. We recommend making enquiries of the local authority as to rates relief schemes and grants that might be available.
The quoting rent is £26,500 per annum exclusive exclusive of VAT.
The premises are available by way of a new effective full repairing & insuring lease for a term to be agreed. A rent deposit may be required depending on the financial status of the tenant.
The ingoing tenant is to contribute to the landlord’s reasonable legal costs.