For Sale by Auction on 23rd May 2024
The property comprises a Grade II Listed two storey detached office building (originally built as a pair of semi-detached houses), with a single storey rear extension. There is a small garage/store in the rear yard as well as parking for approximately 5 cars.
Location
St Albans is located approximately 24 miles north-west of London, 7 miles north-east of Watford and 14 miles south of Luton. The pproperty is situated in Frogmore, approximately 2 miles south of St Albans city centre and 2 miles north of Radlett. Road communications are excellent with access close by to the M1, M25 and A1(M) motorways.
The property is situated in a mixed use area on the west side of Park Street, close to the junction with Park Street Lane. Park Street mainline station is close by to the north of the property.
Accommodation
Ground Floor - 1,205 sq ft
First Floor - 471 sq ft
TOTAL - 1,676 sq ft
The external garage / store is approximately 25.96 sq m (279 sq ft)
Terms
Tenure - Freehold
Guide Price - £375,000 (Bidder Security £3,500 *fully refundable if unsuccessful bidder)
Specification
- By order of Pension Fund Trustees
- Freehold Grade II Listed office building
- Let to Food Business Development Company Ltd (The tenant has served notice under section 26 of the Landlord & Tenant Act 1954 that they request a new tenancy beginning on 1st August 2024)
- Producing £30,000 per annum