Description

• The premises comprises a lower ground floor office within a four-storey mid terraced office building
• Benefitting from a recent refurbishment including full redecoration and LED lighting
• The offices are predominantly open plan with kitchen, server room and meeting room
• There are four allocated parking spaces

Location

• The property is located in a prominent position on Verulam Road, one of the main arterial routes into the centre of St Albans
• The retail and leisure facilities of the City centre are within a few minutes walk.
• St Albans City mainline railway station is within 0.75 miles & St Albans Abbey station is within 0.5 miles.
• 3.5 miles to M25 (Junction 21a)
• 3.1 miles to M1 (Junction 6a)

More Information

Terms
The long leasehold interest with approximately 232 years remaining is available to purchase for offers in the region £350,000. VAT is not payable on the purchase price. Or by way of a new full repairing and insuring lease for a term to be agreed at a rent of £25,000 per annum. VAT is not payable on the rent.

EPC
C - 63

Business Rates
The rateable value is £30,750. For the rates payable please contact us or www.voa.gov.uk

Service Charge
There is a contribution towards common part and external repair and maintenance. This is currently £24,228.15 per annum.