The premises is Grade II listed and is arranged on ground and first floors and offers the following net internal areas (floor plans available upon request).
Location
The city of St Albans has one of the most affluent catchments in the UK with a resident population of approximately 140,000 (2011 census) which comprises one third more than the English average of AB consumers.
The property is in a 100% prime location adjacent to Boots and in the main pedestrianised section of St Peter’s Street.
Accommodation
The approximate areas and dimensions are as follows:
Ground Floor - 3,064 sq ft (284.65 sq m)
First Floor Storage - 1,620 sq ft (150.50 sq m)
Terms
Lease - The property is available from September 2025 by way a new effectively full repairing and insuring lease for a term to be agreed, subject to an upward only rent review at the fifth anniversary of term commencement.
Rental - £165,000 per annum exclusive of insurance, utilities, business rates and VAT.
Business Rates - We are electronically advised by the VOA that the property is assessed as follows:
Rateable Value £103,000
Rate Payable (2025/2026) £56,650
Planning - The premises currently fall within Class E (A1,A2,A3,D1,D2 uses). The Landlord will consider other sui generis uses.
Energy Performance Certificate - A copy of the EPC Certificate us available upon request.
Costs - All figures quoted are exclusive of VAT where applicable.