5 Lockey House 1 St Peter's Street, St Albans, AL1 3LP

£ 74,000 pa / 2,424 sq ft
5 Lockey House, 1 St Peter's Street, Picture
Use Class

Use Class

E

Size

Size

2,424 sq ft

Rent pa

Rent pa

£74,000

Class E Opportunity

St. Albans is a historic city located in Hertfordshire, England, approximately 22 miles north of central London.

St. Albans is a vibrant town centre with various shops, restaurants, and cafes, attracting both locals and tourists.

The Subject property is located just off St Peters Street. Retailers in close proximity are The Works, Barclays, Superdrug, Itsu and Pret.

Please refer to the attached copy of the street traders plan for further details

Accommodation

2,424 Sq.Ft

The premises are currently arranged over ground, first and second floors providing the following approximate areas: Plans of the accommodation are available on request.

Areas
Sq.Ft
Sq.M
Ground Floor Sales
1,629
151.34
Ground Floor Ancillary
81
7.5
First Floor Ancillary
656
60.94

Financial

Lease Type

New Lease

Lease Term

The premises are available by way of assignment on the existing lease expiring on 4 December 2027 Alternatively, a new sublease may be available for a term to be agreed.

Rent

£74,000 per annum exclusive.

Costs

Each party to pay their own legal fees incurred in this transaction.

Business Rates

We have been informed by the Valuation Office Agency of the following rating information: Rateable Value £53,500 UBR (24/25) 0.546p All parties are to advised to make their own enquires to the relevant authority.

Rates

Rateable Year:
2024
Rateable Value:
£53,500.00
Rates payable:
£29,211.00
UBR:
54.6p/£

Sustainability

Energy Performance Certificate

120

Energy Performance Certificate Information

This property has an EPC rating of E120. A full report is available upon request.

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

All data ©2024 Completely Property Technology Limited

This was last updated on 15/04/2024