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2 & 3 George Street, St. Albans, Hertfordshire, AL3
Retail, Investment
1,726 Sq Ft (160.35 Sq M)
£600,000 Offers in the region of
Description
- The property comprises two adjoining retail units let to separate tenants with retail accommodation on the ground floor and ancillary accommodation in the basement
- The tenant of No.2 also occupies No.1 George Street and has knocked through to create one unit
- The upper parts have been sold off on a long lease.
-
2 George Street - £27,000 per annum
3 George Street - £18,500 per annum
Location
- Prominent location at the top of George Street close to its junction with High Street in the heart of St Albans city centre
- George Street is a popular location for boutique retailers and restaurants which attracts significant footfall
- High Street is one of the main arterial routes through St Albans
- Nearby occupiers include The Ivy, The Hub, Zizzi, Starbucks, Gails Bakery, Oliver Bonas, Hamptons and a wealth of independent retailers and restaurants
More Information
Accommodation
| Description | Sq Ft | Sq M |
|---|---|---|
| 2 George Street Ground Floor | 741 | 68.84 |
| 2 George Street Basement | 130 | 12.08 |
| 3 George Street Ground Floor | 605 | 56.2 |
| 3 George Street Basement | 250 | 23.22 |
| Total | 1,726 | 160.34 |
Terms
The freehold interest is available at a quoted price of £600,000. VAT is payable on the purchase price.
EPC
2 George Street D-80
3 George Street C-75
Business Rates
Available upon request
Service Charge
Available upon request