Morton House - Office Investment 80A Victoria Stre, St Albans, AL1 3XH

DESCRIPTION A pleasing well-proportioned neo-Georgian style 3-storey office building of conventional brick and tile construction with concrete floors. It was originally built as a doctor’s surgery and has since been continuously in the same family ownership. It is in the prime office location in Victoria Street midway between the central shopping area and the station. A special feature is its forecourt parking. The building has a kitchen and single toilet on each floor accessed from an attractive central feature staircase.  Each floor is sub-divided into 3 rooms. There is recently installed gas-fired radiator central heating. LOCATION This affluent cathedral town is the premium office centre in Hertfordshire and businesses are attracted here because of its historic and quality town centre and strong business environment. It is very conveniently located for access to the M1, M25 and A1(M), approximately 22 miles north of Central London.  St Albans City Station provides a fast electrified service to London St Pancras/Kings Cross in 18 mins (Europe’s leading transport hub). It has consistently maintained vacancy levels and rental levels better than the major office centres in south Hertfordshire.  We expect this premium position to be maintained. LEASES The property is currently subject to 2 leases with annual rent indexing.   Rents are inclusive of all outgoings including energy and repairs.  Further details on request. Further details on request. APPROX. (NET INTERNAL) FLOOR AREAS Lease 1 Ground floor       467 sq ft Part first floor     118 sq ft Total                   585 sq ft  Vacant Lease 2 Part First floor    360 sq ft Leased Lease 3 Second floor       474 sq ft  Leased Total             1,419 sq ft There are 6 car spaces on the forecourt. RATEABLE VALUE Please see the Valuation Office Agency website.  The indicated assessments are: - Ground Floor £10,000 Part First Floor Left £7,600 First Floor Right Rear £2,550 Second Floor £7,600 TERMS The property is for sale freehold subject to the two existing leases. This is an outstanding and rare owner occupier opportunity. The area is subject to an Article 4 Direction against residential conversion.  Other non-office uses may be possible. Guide price £595,000. No VAT. Land Registry Number HD393126. AVAILABILITY On completion of legal formalities. INSPECTION Strictly by appointment please.  Please contact Mike Davies or Clay Davies at Davies & Co. FURTHER INFORMATON A detailed information pack is available on request.  Note: the existing lease on the ground and part first floor is to be terminated. NOTES: Under Anti-Money-Laundering Regulations we are required to obtain proof of identity for individuals and controlling Directors of companies on any sale. Energy Performance Certificate: Category D (99). The particulars contained within this brochure are believed to be correct but their accuracy cannot be guaranteed and they are therefore expressly excluded from any contract.